Copy Trading
WHAT IS
Copy trading is a tool in the financial market that enables individuals to copy the trades of expert and seasoned traders, potentially allowing them to earn passive profits without having to trade on their own. This strategy entails choosing one or more experienced traders whose trading activities will be mirrored in your own account. By doing this, individuals can benefit from the expertise and skills of professionals, while the traders can also receive a percentage of the profits generated by those copying them.
- Ideal for beginners, requires minimal trading knowledge only
- Accessible as long you have smart phone.
- Suitable for busy individuals with limited learning time
- Offers a hands-off approach for passive income
- Enables fund diversification across various traders and trading styles
- Provides transparent performance history and analytics for informed choices
- Allows trader selection based on personal risk tolerance and financial goals
- Copiers lack control over trades and decisions.
- Poor trader choices can lead to losses.
- Reliance on others may hinder personal trading skill development.
- Fees and charges may apply on platforms.
- Past performance doesn’t guarantee future profitability; market conditions can change unpredictably.
Copy trading can be an effective way for individuals to engage with the financial markets, diversify their investment strategies, and potentially achieve favorable returns it’s still crucial for copiers to conduct thorough research when selecting traders to copy.
Evaluating the trader’s historical performance, risk management practices, and trading style can provide insights into their potential for success.
Moreover, while past performance can be indicative, it is not a guarantee of future results. Careful consideration and due diligence are key to making informed decisions and minimizing risks.
Join Our Community
Take your trading to the next level with Legendary Trading Academy!
Join a supportive community, access proven strategies, and grow your skills with expert guidance. Sign up now and start your journey!
Empowering every Filipino home with financial literacy and simplified trading.
Programs Accredited By:
Contact Us
- (02) 8247 6449
- +63 917 927 0854
- +63 906 579 0144
- #2 Calderon St. Corner JP Rizal St. Calumpang, Marikina City 1800
- admin@legendarytradingacademy.com
Disclaimer: The content on this website is for educational and informational purposes only and should not be considered investment advice, endorsements, or invitations to trade. Trading in financial markets involves risks; only invest what you can afford to lose. Legendary Trading Academy does not provide brokerage services, manage funds, or operate as a licensed investment provider. References to “trading” on this site are notional and pertain to demo accounts. This site complies with applicable laws and is not liable for misuse or reliance on its information. Trading Futures, Options, and FOREX carries significant risks and may not suit all investors. Past performance is not indicative of future results, and market information may change without notice.