Mirror Trading

Dictionary Says

Definition of 'Mirror Trading'

A forex strategy developed in the late 2000s that allows investors to copy the forex trading behavior of experienced and successful forex investors from around the world. Mirror trading was initially only available to institutional clients but was later made available to retail investors. Its automated nature can help prevent investors from making emotion-based trading decisions.

Investopedia Says

Investopedia explains 'Mirror Trading'

Mirror traders use a forex brokerage’s trading platform to examine the histories and details of various trading strategies. The trader then chooses a trading strategy from the available options based on his or her investment goals, risk tolerance, investment capital and desired currencies. When strategy developers execute their trades, these trades are duplicated in mirror traders’ accounts using automated software that operates 24/7.

Search results for

'Mirror Trading'

  • No Forex Strategy Of Your Own? Try Mirror Trading

    http://www.investopedia.com/articles/trading/11/your-mirror-trading-strategy.asp
    ... Try Mirror Trading. ... Having become extremely popular in the forex market, mirror
    trading is a way to mirror or mimic the ways of winning traders. ...
  • How To Use The Forex Pure Fade Trade

    http://www.investopedia.com/articles/forex/08/pure-fade-trade.asp
    ... Forex Strategy Of Your Own? Try Mirror Trading.). Rules for a Long Trade:
    Look for the relative strength index to be lower than 30. ...
  • 4 Reasons Why You Need A Forex Trading Journal

    http://www.investopedia.com/articles/forex/11/why-you-need-a-forex-trading-journal.asp
    ... Having a journal that gathers your statistics sets up a trading plan by defining
    parameters of action needed, provides a rear view mirror so that you can ...
  • Getting Acquainted With Options Trading

    http://www.investopedia.com/articles/optioninvestor/03/073003.asp
    ... So, trading options, like the horse track, is a zero-sum game. ... loss and vice versa:
    any payoff diagram for an option purchase must be the mirror image of the ...
  • Active Vs. Passive ETF Investing

    http://www.investopedia.com/articles/mutualfund/05/activepassive.asp
    ... If an ETF is designed to mirror a particular mutual fund, the intraday trading
    capability will encourage frequent traders to use the ETF instead of the fund ...
  • Tales From The Trenches: Volume Confirmed Broadening Pattern

    http://www.investopedia.com/articles/trading/07/broadening_pattern.asp
    ... This shape is the mirror-image of the triangle except it's diverging instead of ...
    increased - a sign that the market players were comfortable trading inside the ...
  • How did Peter Young gain infamy as a "rogue trader"?

    http://www.investopedia.com/ask/answers/09/peter-young-rogue-trader.asp
    ... Young was a fund manager for Morgan Grenfell Asset Management, trading for three ...
    fund could own only 10% of any company, Young created a mirror holding company ...
  • Top-Down Analysis: Finding The Right Stocks And Sectors

    http://www.investopedia.com/articles/trading/09/technical-top-down-sector-stock.asp
    ... One additional note is that ETF trading has come a long way in recent ... buying specific
    ETFs, if that is preferred, which can reasonably mirror what individual ...
  • Market Breadth: Conclusion | Investopedia

    http://www.investopedia.com/university/marketbreadth/marketbreadth5.asp
    ... Always rely first on the price data of the vehicle you're trading, and then ... making
    new highs or lows, movements in the broad market should mirror that sentiment ...
  • What do the S&P, Dow and Nasdaq futures contracts represent?

    http://www.investopedia.com/ask/answers/146.asp
    ... If the index future is trading higher before the market opens, it generally means ...
    These futures contracts mirror the underlying index and act as a precursor of ...

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