Copy traders on the market
Many professional traders offer less fortunate participants market to use their trading signals. It seems like an awesome proposition: sit back and copy traders on by simply receiving messages in the mail or on the phone. However, everything is not so simple in reality. It is important to keep in mind that time passes from the moment a trade is opened until it reaches the trader, and it is this period that can lead to losses of not only profits, but also of the deposit.
It is even better if the trader works with long-term trades. In this case, you can take your time to open positions and send letters, without worrying about the fact that there may be some difference in the opening prices of the deals. A few points are insignificant against the background of the large goals of long-term transactions. The situation will be quite different if a person uses intraday methods with short profits of 15 to 20 pips, not to mention the scalpers. In this case both trader and user need to act quickly, because any delay can greatly reduce the potential profit, and copy traders on It won't be as exciting anymore. But there are also questions about the quality of the Internet, the postal service or the mobile operator.
In order to organize your work as comfortably and without losses as possible, it is desirable to understand exactly what we need in general. If small problems with the signal do not embarrass the user, then there may be no need to invent something, but if the delays cause losses, then it is worth thinking about programs that allow you to fully copy tradersor, more precisely, their signals at the moment of their submission.
How does the program copy a trader?
Let us talk about programs which copy trades in more detail. The so-called copiers are two advisors, one of which is the master, the second is a slave. The master advisor is installed in the terminal from which you want to copy trader. The installation itself is completely identical to the similar process with trading advisors. The second robot, called slave, is transferred to the terminal on which you want to copy the trade. After that, both platforms are launched, the robots are installed on the charts, just like their trading counterparts, and then you can copy the work.
The entire process copy trades of a trader - of the provider takes place as follows. The consumer gets access to the trader's account using the investment password and puts the Expert Advisor master on it. As soon as the position on this account is opened, the signal is immediately transmitted to the trading account where the slave is installed, i.e. to the consumer account. The exact same position appears there at the same moment. In this case, all conditions such as StopLoss and TakeProfit are also fully duplicated. If the trader decides to change StopLossThe same parameter will be immediately updated on the other terminal, which receives the signals. Accordingly, as soon as the speculator closes the trade, the same action will immediately occur on the other platform.
Deal Copier can send signals to a large number of accounts. The trader only needs to trade on one deposit, and all users who have access to the seller's account and have connected the program will immediately perform the same actions. copy trader. Moreover, most deal copyers on allows you to correlate the volume of trades for the trader's account with the client's account. based on the initial deposits pledged for the trades.
It is very convenient to use this program to copy traders on The company's main objective is not only to provide signals, but also to provide trust management, when the work is carried out simultaneously on several investor accounts.