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The mirror trading method allows traders in financial markets (and, to a lesser degree, stock markets) to select a trading strategy and to automatically "mirror" the trades executed by the selected strategies in the trader's brokerage account. [2] There are two specifics of mirror trading. The first is connected with fundamentals of trading: to ...
Mirror Trading International (MTI), declared a pyramid scheme by the South African High Court, was a cryptocurrency trading platform promising automated trading services with significant returns. [1] MTI was masterminded by Johann Steynberg , who claimed to use an artificial intelligence bot for its trading activities. [2]
Copy trading. Copy trading enables individuals in the financial markets to automatically copy positions opened and managed by other selected individuals. Unlike mirror trading, a method that allows traders to copy specific strategies, copy trading links a portion of the copying trader's funds to the account of the copied investor.
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