Glossary - ChicksX

Copy Trading is an investment strategy where traders automatically replicate the trades of experienced investors to potentially achieve similar results.

Copy Trading is an investment strategy that allows individuals to automatically replicate the trades of experienced and successful investors. By connecting their trading account to a platform offering copy trading services, users can choose a professional trader whose strategies align with their goals. Once selected, the user's account mirrors the expert's trades in real-time. This approach is beneficial for beginners or those with limited market knowledge, as it provides exposure to professional trading strategies without requiring constant monitoring. However, it's essential to research and choose traders wisely, as past performance doesn't guarantee future success in the volatile crypto and fiat markets.