Copytrading is a new type of investment portfolio developed from algorithmic trading in which two types of account are involved in it. One account will be master account who will take trading decisions and other account(s) will be considered as child account who will follow all the decisions taken by admin account. Both the account must be on a copy trading platform that provides copying services.
Copy trading Indian stocks will allow you to receive automated signal from a signal provider and copy them into your account while you are sleeping, eating, walking or working. Every strategy, every trading action such as opening a position, assigning stop loss, closing a position, taking profit orders etc. will automatically execute in your copying account.
Copy Trading is a new innovation to copy trading in Indian stock market and the trades of experienced traders in your demat accounts by using APIs. Copy Trading stocks India is used to automate your trading by copying the trade of other traders. Copying is a trading tactic to connect a part of portfolios with the portfolios of master traders to copy every trade and transaction. Generally, copying trader opens a personal account and connect it with master trader or with anybody whom you believe and automatically every action of master trader will replicate in your personal account.