Copy Trading | What Is It and What Are Its Benefits for forex traders?

Can Copy Trading Be Profitable?
Trades made by other investors in financial markets can be copied by other traders. This is called copy trading. There are different ways to copy the trading of another investor. For example, a trader can make any transaction, simulate trade entries, take profit, and stop loss orders.

Forex trading requires a lot of technical analysis and many beginners and inexperienced traders do not have the necessary knowledge to succeed in this area, so Forex copy trading is a popular option to start operating in this market. In this article, we are going to review the benefits of copy trading for forex traders.

What Is Copy Trading?
Copy trading is an innovative way to trade in the financial markets. The idea of copy trading is very simple. This method involves copying trades initiated by other traders. The most important mission of copy trading is to help new and inexperienced traders to find their professional path in the market. Before we delve into copy trading, you need to know what trading is and understand the parties involved in copy trading:

Provider: The provider is also known as the signal provider. This person is actually a trader whose trading patterns are copied
Copier: Also referred to as a follower, is a trader who is copying other trades
Copy trading is invaluable for beginner traders who don’t have enough time to learn and create custom trading strategies or do extensive research. In this case, one becomes a mere copycat who repeats the trading behavior of experienced traders. In simpler terms, copy trading is discovering successful traders who have a stable trading history.

Meanwhile, many experienced traders also open accounts on copy trading platforms. They try to gain new experiences and maximize their returns in the market by referring to the performance of Master Traders. As an alternative, users may manually copy transactions after receiving trade notifications.

Benefits of Copy Trading
More than 30% of novice traders (with less than a year of experience) find the financial markets complicated. They believe that copy trading helps them to have an effective and profitable trade. Copy trading generated more than $50 billion in profits in 2020, and this figure is expected to reach $80 billion by 2025! In the following, we will explore the benefits of copy trading for forex traders.

Ideal for Beginners
With copy trading, traders have other people to help them do their research. This means you can start trading immediately. Additionally, for traders who have limited time to trade full-time, copy trading is a great option. You can learn how market professionals trade. This is great because you can see how experienced traders trade without spending a minimum amount of time.

Portfolio Diversification
By using copy trading, forex traders can access trends or opportunities that are inaccessible without the help of other traders’ expertise. This option is especially suitable for newcomers who are learning more about the market. Also, copy trading can be used in various markets such as forex, commodities, stocks, indices, and metals.

By copy trading, you get to know different assets. When you copy the trades of a professional person, if he trades stock indices, you will also get to know this market. If they are a commodity market trader, you will also get to know the commodity market.

Better Risk Management
Copy trading provides access to several risk management tools. Copiers can choose from a wide range of copying methods to configure profit and loss levels. Also, you get to know how professionals manage risk. This issue is very important. Do you know how many people in the forex market have become margin calls due to not being aware and not following risk management?

You can easily control your losses with copy trading in forex. When the results are not according to your expectations, you can easily turn your attention to someone else’s trades. As the saying goes, when you don’t get healing from your doctor, change it.

You Can Work as a Full-Time Signal Provider
Copy trading is what makes it possible for you to work as a full-time signaler for yourself. What we mean is, now that you are copying someone else’s trades, you can sell all your trades as signals.

Where Should I Start for Copy Trading?
After you understand what copy trading is, you can start your own business to invest in this area. In this section, you can learn about copy trading step by step. The first step in copy trading is to create an account on a trusted stock and trading platform. Most trading platforms have options to follow other traders. There are different standards for choosing the right trader. For example, you may want to follow a trader who has higher profits or a consistent trading pattern.

The second step is to decide how much you want to invest and how financially prepared you are for the risk. As you know, in any investment method, you should not put all your eggs in one basket. Start with a small percentage of disposable income and remember that investing always comes with the risk of losing some of your money!

The third step is just watching. There are trading platforms that automatically copy-trade your chosen assets with the investors you copy. However, there is a handy way to copy trade by watching the portfolios your peers are buying or selling.

Copy Trading Can Bring You More Money
Now that you are familiar with the concept of copy trading in Forex and its advantages and disadvantages, you understand that this category is an effective and efficient method. Especially if you are a beginner. Never forget to go to a professional trader to get good trading experience.

Aron Groups is an experienced and reliable broker in the forex market. It offers its users the possibility of copy trading. Aron Groups provides its new traders with enough educational content and facilities to learn more about copy trading and make a profit.

Garden Photography and the Unique Challenges It Presents

The beauty of living in the South is that I get to enjoy my garden almost year round. While gardens in the Northeast look a bit sad in the winter. Gardens in the South provide color throughout the year. This is especially true in several local gardens in Charleston South Carolina. There are several former plantations in the area that filled with color from one season to the next.

Magnolia Plantation and Gardens is probably the most visited and is definitely my favorite. Magnolia Plantation dates back to 1670′s with areas of the gardens left in its original state. This of course has granted me a wonderful opportunity to capture beautiful 300 year old English gardens. This along with the historic background makes for a garden photographers dream setting.

There are always challenges for any photographer when taking pictures. Garden photography has its own set of unique challenges. First and foremost for me is lighting and the challenges it presents.

Bright sunny days are great for going to the beach, but not for taking pictures. The best natural lighting you can have is when the sky is overcast. The problem with having bright sunshine is that you get a reflection of the leaves. This causes an issue with you having too much contrast in your raw pictures.

Try and avoid midday sun if possible. You can try and create an area of shade with a blanket or bed cloth. There is one inexpensive method that I like to use and that’s cardboard. If you are able to get the right lighting the next issue is proper angle.

Getting the right angle on the subject you are focusing on is extremely important. You want to look at it from different positions and angles. This way you can eliminate any objects you don’t want in the shot. This can be a pole in the ground or a group of wires that’s used to brace a nearby tree. It could even be a hose or broken branch. Get close to the ground and look at it from that angle. Take a few shots with your camera shooting upright. Moving in closer after each shot and as close as an inch or two.

Use of a tripod can be very useful in low lighting situations that you just created. As well as close up shots. This will allow you to get a steady shot as well. I like to think I have a steady hand, but some shots are a little blurry at times.

Every season brings new life to gardens. Birds and bees in the Spring. Winter rye grass in the Fall. Sunflowers in the Summer. So, the last point that I can share is most important. Explore your surroundings and enjoy what nature has to offer. You’ll never find a subject in the garden that you have to ask to smile or hear complaints from.

I’ve been a Charleston photographer for over 10 years and each and every time I explore the area gardens with my camera at my side. I find something that I didn’t realize was there before. Makes each trip a very unique and rewarding experience.

Presenting a Vision With Editorial Photography

It has been said numerous times that a picture is worth a thousand words and nowhere else is this truer than with editorial photography. Newspapers and magazines that publish photographs that accompany articles are using this type of photography to add visualization to their printed stories. The use of pictures to accompany articles may not pay as much as commercial or corporate photography but is a great way to achieve name recognition.

With most pictures appearing in magazines or in newspapers credit is given to the photographer, which will help them build their portfolio. In newspapers, photographers vie for awards for their work, and winning prizes as well as having their name appear with their work can give them a portfolio to use to gain photographic work in other more lucrative industries.

Some newspapers and magazines, and now internet sites may use the same photographer to create editorial photography as well as advertising or product images and photographers that can do both can build their portfolio even quicker. However, pictures used for advertising or marketing purposes usually do not have any accompanying credit and the photographer will need to have some sort of documentation that they did, in fact, take the picture.

Other aspects of editorial photography can include pictures of disasters such as car accidents or the aftermath of violent storms. Essentially these are the images that accompany articles in the editorial side of the news business. Videographers working for television news bureaus are also involved in editorial photography and only they use video equipment and are often referred to as video journalists as their pictures tell a story.

Editorial photography refers to the pictures in a magazine that aren’t ads. The photographs that go along with the articles – even the cover of the magazine. Some photographers shoot only editorial type work, others shoot both editorial and commercial. For many professionals, despite the typically lower pay, editorial photography offers them a chance to tell a story they believe to be important to a wider audience. By taking pictures that present facts in an enticing manner they can often convince newspapers and magazines to use their pictures, along with additional editorial content to tell a story that may otherwise be overlooked. They can also be used to help people in need. For example, photographs taken in the aftermath of recent tornadoes have been used to show the devastation and to raise awareness for help needed in those communities. These pictures play a role in public donations for those hit hardest by the storms.