Community Forex Questions
What is the mirror strategy?
A mirror trading strategy is based on the idea that you should emulate more experienced traders, as they use it instead of personal trading to make progress in your trading. Beginner traders usually resort to using this method, which can be considered to an extent easy and simple, in their trades completely from the start of the deal until the end of trading. Beginners should choose a mirror trading strategy that is easy to understand and implement. According to the deposit the trader desires and the type of deal he desires, mirror trading is suitable for him. Using mirror trading to follow the steps of an expert trader could be more successful than personal trading on implementing everything that professional traders do. The use of various trading orders, such as take profit orders, and the application for buying and selling operations. A stop-loss order, an analysis of price trends, and the same indicators used by a trading expert. Novice traders should choose the right trading strategy for them on their way to the mirror trading strategy by actually implementing it from the trade. To calculate the success rate of this strategy, you can easily determine your future profits and losses. Thus, you will be able to select one of the many strategies that have been proven to work.

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