Copy trading on the SuperEx platform allows users to follow professional traders' strategies and open positions without complex operations. This article addresses key questions about this feature.
Copy Trading Basics
Copy trading involves following the actions of successful traders. Users can automatically replicate traders' trades, simplifying the trading process. For instance, the trader executes their strategies, and followers automatically copy those actions in their accounts.
Account and Fund Management
Each copy trading project has its own sub-account, which avoids mixing funds with the main account. It is also possible to use ET tokens to pay for fees. Since transaction funds are temporarily frozen until deals are settled, this protects the interests of traders.
Trading Rules & Mechanisms
Trading under copy trading occurs automatically based on the actions of the selected trader. However, it is important to keep in mind that risks still exist. The process entails aspects such as position sizing and the potential for users to close positions, which affects synchronization with the trader's actions.
Copy trading on SuperEx can be a profitable tool, but it is important to consider risks and carefully select traders to follow in order to increase the chances of making a profit.