Copy Trading vs Traditional Trading
The trading world has changed over the years, providing investors with a variety of choices than ever before. Although the conventional trading pattern has long been the preferred technique over the decades, new strategies such as copy trading and AI copy trading are transforming the picture. Each method has its own pros and cons, and it is necessary that the investors get to appreciate the differences to make the correct choice on the way to go. What is Traditional Trading? We will address the major aspects of copy trading and traditional trading, list the advantages and disadvantages of each, and guide you on which approach should be adopted in your investing interests in this blog. Traditional trading is defined as the conventional way of trading where traders are active in buying and selling various financial instruments such as stocks, forex, or commodities under their own research and analysis. The decision made by traders is based on technical charts, fundamental analysis,...