Skip to main content

Benifites of robot trading and copy trading

Robot trading: Robot trading: now many professional traders are trading with robot to save their valuable time. Now in trading robot means a program that helps to trade in the perfect market conditions. you have to set a condition to run the program.now 1000 of expert advisors are available in internent, you can buy from their or you can make a program in meta quate app. 


Is robot trading safe : yes,it is safe . But you have to set the proper conditions otherwise your account will be blown. Expert advisor needs proper management according to the market .1000 of traders had blown their accounts using expert adviser. 

1st of all you have to choose a perfect expert adviser that suitable for your trading conditions.then  set the program in your mt4 or mt5 application. Now edit the take profit, stop loss, position style(long/short), trading time, etc
Advantages of robot trading:you don't need to watch the graph everyday.Only you have to set the EA on your mt4 or mt5 app in pc.it give a specific percentage of return every month.

Disadvantages of robot trading:
You have to keep turn on your pc everysec with high-speed internet  connection.
Otherwise you can buy a VPS for this type of problem.robot doesn't see the market news .At news time you should keep your EA turn off.If you forgot to set stoploss then you have to close it manually.
Copy trading:
Every broker provide this copy trading facility.In copy trading the trade will open and close automatically according to the master trader trades.In  copy trading you don't need any pc for trading .just open an trading account then copy your suitable master trader.

Million of beginners copy the master traders . Beginners earns without any  knowledge about trading. In copy trading the master trader charges some ammount of the profit as commission.
Advantages of copy trading: you can 
earn without trading knowledge. Just deposite money in broker and copy your master trader .it doesn't need any VPS or 24hours internet connection.

Disadvantages of copy trading: 
The master traders trades  according to the equity in their account. He doesn't see to your equity situation.If the master trader takes a big risk then your account will be blown.




Comments

Post a Comment

Popular posts from this blog

what's Forex trading?

What is Forex trading? In simple words, Forex trading is the simple practice of exchanging one currency for another. If you have ever been on a trip abroad and had to swap your Dollars (USD) for Euro  (EUR) Or exchange your British Pounds (GBP) for Australian Dollars (AUD). Then You’ve already had your first experience as a Forex trader, although likely, you didn’t make any money in this trade. Who trades Forex? There are 3 types of organisational trader trade in this market. 1. central banks  2. corporate houses  3. Retail traders or investors. Central banks : Central banks must try to regulate and control the price fluctuations of their currency. The central bank’s decision-making, such as its interest rate policies, can bring huge price swings and fluctuations in the market.  Their main aim is to stabilize inflation and stimulate their economy via the Forex markets and their currency's market value. Corporate houses: Corporations are also h...

Affiliate marketing in Forex trading.

What is an affiliate? An affiliate is the promotor of any brand .They promote the brand on their own website or social media platforms [Facebook, Instagram, telegram]. A simple Facebook post can create a positive review of a product or may attract a reader's attention. In the modern day, all companies attract business in several ways. A regular advertising campaign is one of them to attract more clients for the companies. those retail brokers do, however, rely on third parties to verify degrees. Affiliate in the currency market. Many retail forex brokers make a partnership program with traders or social media influencers. the aim is to connect more and more traders with brokers. Their aim is to impress the beginners to extent that they click on the website of the affiliate and join with the broker. The affiliate is provided with a special link by the broker so that all the clients can be tracked to the correct source. When the client places a trade-in on an ...