This system is very transparent for people to see what actions the
selected traders is taking. So it helps traders with their trading
decisions:
Before placing the trade, traders can use the information received on
Mirror Trader to double confirm their favourite strategies.
It is easy to decide which currencies pare to be traded by looking at the pair that most strategies are trading
If the trader doesn't have an exit strategy, they can let the mirror trader strategy close the trade automatically
There are some tips to choose who is the experienced trader.
Check the live results of a trading strategy before use it. People
who sell their automatic trading bots will not disclose up to date
summaries of the programs trading results. Mirror trader is different,
system generally shows updated performance daily, so the trader knows
how effective a strategy is by checking the trading summary.
Source:http://www.youtube.com/watch?v=mWhsEe71SXg
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