What is Copytrade? Full details A to Z!
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Assalamu Alaikum
2 systems of fund sharing, Fixed Ratio/Fixed Amount, in which system do you want to give your funds, let's know what these 2 work.
The work of Fixed Amount is that you select an Amount and give it to them, the Trader will use it only once, like if you give them 100$ they will take 100$ Entry at once, so if you lose, the entire amount will be Loss, no one uses Fixed Amount.
The function of Fixed Ratio is that it will work as a ratio, for example, if you pay $100, you can select the amount of entry per trade, for example, from the minimum of $10, you can select your amount, if you select $20, then Trader can take trade entry with this amount five times.
Warning-
I didn't know about copy trade before, then sharing with you knowing the things first, as far as I understand, no one should do copy trade, because copy trade is part of future trade, that means future trade is a kind of gambling, so everyone be careful, here you will profit for the first time, but lose. If the full amount will be gone,
Future Trade is haram for Muslims because it is a form of gambling.
This is the end of today, everyone be well and stay healthy, Allah Hafeez.
Your article is very good. Nicely explained about Copytrade in details. I hope you write articles like this in the future.Thank you.
A number of exchange sites currently have copy trading systems, but these often seem to do more harm than good.
Right
I know you are very good in crypto trading. Thanks for sharing.
Thanks bro
I like spot trading brother. It is good
Good article you choice is good. Thanks for sharing.