Forex

Is Copy Trading Worth Your Time? Here’s What You Need To Know

Is Copy Trading Worth Your Time? Here’s What You Need To Know

Copy trading is a way for traders to replicate the positions taken by other investors in the financial markets. The goal is to mirror the trades of the investor being copied, without necessarily having access to their trading strategies. Copy trading has its roots in mirror trading, which began in 2005 as a way for traders to copy specific algorithms developed through automated trading. These algorithms were shared along with their trading history, allowing other traders to replicate the strategies being used. As copy trading evolved, traders began copying other investors directly, rather than just their strategies. This led to…
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Ruble Strengthens Against Dollar And Gazprom Rallies

Ruble Strengthens Against Dollar And Gazprom Rallies

On Tuesday, Moscow trading saw the Russian ruble gain against the US dollar beyond 60, as it shrugged off a fall in oil prices below the $100 mark. Meanwhile, there was also a rise in the benchmark index in Russia to its highest level in two months, thanks to a rally in energy giant Gazprom. Ruble gains The Russian currency ended about 0.7% stronger against the euro at a value of 60.0, while it also strengthened against the US dollar by 0.8% to reach 59.94. Light trading saw the Russian ruble gain, even though analysts had predicted that the currency…
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