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Tickmill offers its clients the opportunity to utilize copytrader strategies, a feature that allows traders to automatically follow and copy the trades of experienced and successful traders. This is a great way to leverage the knowledge and experience of other traders to get better results.
In addition, some providers of copytrader strategies may use investment robots to execute their trades. These robots are computer programs designed to analyze the market and execute trades based on specific algorithms and strategies. When traders copy these strategies, they are essentially allowing these robots to execute the trades on their behalf.
However, it is important to note that when using copytrader strategies or investment robots, there are still risks involved in trading. The past performance of a trader or robot does not guarantee future results, and it is essential that traders fully understand the strategies they are following and are prepared for the risks associated with financial trading.
Therefore, when using copytrader strategies on Tickmill or any other platform, traders should do so carefully, conducting proper research and managing their risk responsibly. It is a valuable tool for many traders, but it should be used with caution and knowledge.
It is important to mention that the use of copytrader strategies at Tickmill is free for the broker’s clients. This means that traders do not have to pay an additional fee to access and follow the strategies of experienced traders. However, it is possible that providers of copytrader strategies may charge a commission based on the profits made by followers, but this varies according to each strategy.
The gratuity of this functionality offers traders an affordable way to leverage the knowledge and experience of other traders to improve their results in the financial market. However, it is important for traders to be aware of the possible commissions associated with the strategies they choose to follow and that they fully understand the terms and conditions involved.
some of the copytrader strategies at Tickmill utilize trading robots to automate the process of decision making and execution of trades. This can be particularly attractive to traders who want a more automated approach to financial trading. Here are some of the strategies that involve the use of robots:
- FortunaMax TCM: This strategy is based on a trading robot developed specifically for the Tickmill platform. The robot uses advanced algorithms to identify trading opportunities and execute trades according to predefined parameters. This automated approach can be an interesting choice for traders looking to optimize their results without the need for constant intervention.
- FortunaCopyBot TCM: The FortunaCopyBot TCM EA (Expert Advisor) is designed to automatically perform trades. This allows followers to take advantage of the expertise of other traders without the need to manually execute the same trades. It is a convenient option for those who prefer to follow proven strategies.
- FortunaX: Another strategy that involves the use of a trading robot is FortunaX. This robot can be configured to perform operations based on specific parameters set by the trader. The automation provided by FortunaX can save time and effort, as well as eliminate the need to make constant trading decisions.
Importantly, although these strategies utilize trading robots, traders should always be aware of the risks involved in financial trading.