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코인픽:ver.2021년 비트코인 마진,선물거래소 순위 및 추천 사이트

What is Mirror Trading?

2021.07.14 07:12

UNICORN 조회 수:118

Hi It's Unicorn

 

Mirror trading is an investment method that investors select strategies on the Mirror Trading Platform and execute automatic copy trading to achieve simultaneous buying and selling with the strategy provider.

 

You need to connect the account API key of the designated exchange according to the content of the strategy operation after you select the strategy. Therefore, strategy provider can connect with your account to trade together while trading.

 

Why do we use Mirror Trading?

 

1. Reduce time to learn trading: It is easier to grasp the timing quickly and learn the trading method for newbies through observing and following the trading activities of others.

 

2. Reduce emotional impact: Follow the trading master to invest, can increase the confidence of newbies, and enable you to prevent mistakes from human emotions. Furthermore, the strategy is determined by the strategy provider, it’ll enable eliminate panic factors for most newbies.

 

3. Diversified investment portfolio: You can choose to invest in several trading experts at the same time to diversify risks and have a diversified investment portfolio.

 

4. Simple and time-saving investment method: Investors do not need to spend time studying and watching the market, and it can automatically copy the trades via the system.

 

Although mirror trading can greatly reduce your effort and time spent in investment, it does not mean that you can stop checking after trading. You still have to check Mirror Trading Platform regularly to confirm whether the changes in strategy performance are within your acceptable range!

 

In addition, You should also keep that "Don’t put all your eggs in one basket. “ It is best to invest only in available assets, but also to allocate assets well.

 

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