Curious about automated copy & mirror tradings
By using automated copy trading strategy, you set a fixed amount of money and then the system automatically replicates positions of a selected trader of your choice. This allows user to gain exposure to opportunities and trends without risking their entire portfolio. Especially for newbies when it comes to trading, copy trading seems to be a great way to start trading like a profesh![]()
I think moomoo's paper trading already have a somewhat similar function to copy the trade of more experienced users. To be honest when I first tried out paper trading I just copy whichever is the most popular trade being done & the end result is usually positive![]()
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You just have to click on the 🔥icon, select trending or star traders and then copy, it is that easy!![]()
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Even the complex options can be easily replicated with just a few clicks!![]()
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Have you tried out copy trading in paper trading and what is your experience with it so far, no need to be shy & let me know in the comments![]()
Disclaimer: All the above are purely my own opinion/experiences and are NOT financial advises, plz DYOR/DD![]()
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Thy GoD : I did notice this as well, I'm guessing moomoo doesn't want people to anyhow copy others.
Maybe in the future they'll add it in.
mr_cashcow OP Thy GoD : I think they also have to implement an opt in/out system for those that do not want to publicise their trades, saw some other trading platforms actually give incentives for allowing your trades to be shared and copied![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Thy GoD mr_cashcow OP : Actually I found out in the redeem store you can see other people's positions.
mr_cashcow OP Thy GoD : Which means they already have most of the system in place to implement the feature?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Thy GoD mr_cashcow OP : Maybe? But privacy concern is kinda there but I've not tested the new position viewer items yet.
Thy GoD Thy GoD : Update to this btw, the viewer thing only works on paper trade/moomoo folio trades but they never specified before. But good lah no privacy violation.
Tevin Smith115 : I wanna try it out