How to use local trade copier for metatrader 4

How to use local trade
copier for metatrader 4

1. What is mt4 copy trading

Copying trades of successful traders, or social trading

Trading Signals in MetaTrader 4 allow you to automatically copy the deals performed by other traders in real time. ... Share your trading strategy with millions of other traders and earn fees from your subscribers.
How to use trade copier

Install multiple MT4 platforms to your computer (can be the same or different brokers)
Login into different accounts in the different MT4 platforms.
Install trade copier software to aid in trading the multiple accounts.
Adjust trade copier position size ratios if needed.
Why people use Trade Copiers in Forex

First of all, many people confuse trade copier software with a trading signal service which operates using a trade copier.

A trade copier will never make you money on its own and it will never trade Forex for you without a trading manager or
How does copy trading work in Forex

Copy trading in forex means that a trader can simply copy another trader's positions rather than scanning the fast-moving forex markets themselves. Trading platforms such as MT4 or an MT4 VPS are popular platforms for social trading due to MT4's large user base and various online user forums
Is copy trading good
It's not just a chatty diversion. If you really want to educate yourself on trading, then copy trading is a revolutionary learning tool; previous generations of traders would have killed to have it. But if you think copy trading is an easy way to make passive income, then you've really got the wrong idea.
How do I trade multiple mt4 account

Here's what you'll need to do in order to open the same positions on two or more MT4 accounts at the same time.
Install multiple MT4 platforms on your computer.
Open all MT4 platforms and login into different accounts.
Install special software for trading multiple MT4 accounts.
Can you have multiple accounts on mt4

You can log in only into one MT4 account from the same broker, but if you have more MT4 terminals installed, then you can log into other accounts at the same time.
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