allows you to hedge trading risks by incorporating different trading strategies and assets in a variety of market conditions. This is a key benefit of copy trading.
is the fall in equity in a trader’s account, normally from a relative peak to a relative trough. It can be expressed in absolute terms or in terms of percentage.
is the graphical representation of the signal provider’s account balance.
is the understanding of all news including economic and political to forecast future price movement.
is the person who follows other traders to utilise their information or directly copy trades from them.
allows you to copy a trader’s actual strategies.
is the way to control risk and the most important factor is determining success or failure. How much should we assign to each provider and each strategy?
is the trader who identifies the signals to be followed by the investor or follower/copier.
the pip difference between the order price and the execution price of a trade execution. Due to market volatility or slow internet connection, the order price could change before it reaches the broker for transaction.
allows you to copy transactions made by one or more investors inside a trading network.
the price the trader chooses to close out a live trade in order to limit your losses if the market moves against you. Stop loss levels depend on the trading strategy.
currency ticker symbols are used in the forex market to represent the pair that is being traded. A currency, such as the dollar, is never bought or sold in absolute terms, but always in relation to another.
often means charts which a trader uses to interpret historic price action and behaviour for future direction.