Documentary trading is a method used in CFD trading that allows investors to mimic the strategies of other more experienced successful traders。This method is inspired by social trading, where traders can adjust their trades at any time to fit any budget through the documentary trading function.。

Social transactions

In order to understand the meaning of documentary trading, you must first understand social trading。In a sense, this trading strategy is equivalent to an investor social network。Traders can monitor the trades of popular investors and view various successful strategies。You can also check the trading hours and the number of investors。

Each social trading platform will display different transactions, and a social trading community can be formed between investors。You can see what other people are doing and communicate about their transactions and your own。Novice investors can learn from the best investors to further understand trading strategies while developing their own trading style。

documentary transaction

While social trading is popular with many traders, there are some who just want to trade short-term in the CFD market。For these traders, documentary trading is more popular and beneficial, especially when trading experience is not very rich.。

After opening a trading account, you will be able to access social features。You can talk to other traders to find out which markets they trade in, how much risk they take and where they come from。When you know the individual traders, you can identify which traders fit your own trading methods。You can even use search filters to filter the criteria you want to best suit your transaction。You can then monitor their transactions, actions, and time of action。Once you've found a trader who matches your trading goals, you can even order their trades。

Set the amount of the budget and you can allocate it to your preferred traders in turn, i.e. each of their trades will be followed to your own trade。Your budget does not have to match the budget of the person being followed, as the platform will follow the budget ratio you specify。Once the link is established, you can let the platform work for you.。You can stop trading or make adjustments at any time, and you will be notified before each transaction, choose to confirm or decline, and have complete control over your account。

Although the trading strategies of the acquirers are exploited, they also benefit from this approach, similar to the principle of sponsored social media accounts。The greater the trader's social attention grows, the higher the monthly reward paid to them by the platform。Therefore, in addition to already successful trades, you will also give them additional rewards and win rewards for yourself-at no additional cost, and you will not feel guilty about following other traders' strategies。