Copy trading (Also known as Auto-Portfolio at Bloom) lets you automatically copy the trades of more experienced investors. When they buy or sell, the same action happens in your account. It’s like following someone else's recipe instead of cooking from scratch. This helps beginners who aren’t sure how to invest yet 📘
Copy trading (Also known as Auto-Portfolio at Bloom)became popular through online platforms that connect traders around the world. It started with social trading, where people shared what they were buying and selling. Over time, platforms made it automatic so followers didn’t need to manually copy trades 🗒️
Anyone with an online trading account can use copy trading, even beginners. Most platforms allow you to pick traders to follow based on their performance, risk level, and strategies. You don’t need to be a financial expert to get started ☝️.
People use copy trading to learn by watching experts and to save time. It’s popular for those who want to invest but don’t want to do a lot of research. It can also help you avoid emotional trading decisions 🛞