Difference between revisions 123958615 and 123958616 on dewiki

The '''mirror trading''' method allows traders in [[financial market]]s to select a [[trading strategy]] and to automatically “mirror” the trades executed by the selected strategies in the trader's [[brokerage]] account.

Traders can select strategies that match their personal trading preferences, such as [[risk]] tolerance and past [[Profit (accounting)|profits]]. Once a [[strategy]] has been selected, all the signals sent by the strategy will be automatically applied to the client’s brokerage account. No intervention is required by the client as all the account activity is controlled by the platform.

Clients may trade one or more strategies concurrently. This flexibility enables the trader to diversify their risk while maintaining complete trading control of their account at all times.

== History ==
Mirror trading is an [[evolution]] of [[automated trading]], also known as [[algorithmic trading]]. Automated trading in general has witnessed [[exponential growth]] over the last few years.  This development has been widely accepted by clients at the [[retail]] level as it helps overcome the traditional barriers to successful trading.

Mirror Trading is a method in forex trading that enables traders to ‘mirror’ strategies developed by other experienced Forex traders.

Mirror trading has certain distinctions from [[program trading]]. Mirror trading is a concept that allows traders to copy or track trades from other traders. These other traders can come in the form of system developers, manual traders or [[financial institution]]s.  ⏎
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Mirror trading allows a traders to chooselick and choose from a vast supply of trading strategies.   The trades are delivered and executed automatically with entry and exit points on multiple [[currency pair]]s. Clients have ability to click and choose from a vast supply of trading strategies.

==References==
{{Reflist}}

{{DEFAULTSORT:Mirror trading}}
[[Category:Articles created via the Article Wizard]]
[[Category:Financial terminology]]