Almost all Forex beginners have a lot of questions before they set up their own working strategies. They may wonder:
When is the best time to enter a forex trade? Asian trading time? London trading time? New York trading time?
Which pair is easy to make money and should I trade in this market trend?
How should I exit a position in time?
Which pair is easy to make money and should I trade in this market trend?
How should I exit a position in time?
When forex client have doubts, then they may want to see how the
other investors trade and want to learn from them. Mirror trader just
came to market to help people who want to follow the trading of
experienced investors.
What is Mirror Trader?
It is a trading system provided on the trading platform for traders to select other experienced traders in the system and get their real time information of trading activity.
By using this system, investors now can watch the "long" and "short" orders of experienced traders at the same time when they executive the trade. They can "Mirror" the trading in real time. They can used the information to double check their strategies or just executive mirror or mimic trading.
It is a trading system provided on the trading platform for traders to select other experienced traders in the system and get their real time information of trading activity.
By using this system, investors now can watch the "long" and "short" orders of experienced traders at the same time when they executive the trade. They can "Mirror" the trading in real time. They can used the information to double check their strategies or just executive mirror or mimic trading.
Source: http://www.youtube.com/watch?v=dr17IFhamAg
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