There is a huge benefit to mirror trading your own trades, what is it? Well, actually there are a few and after watching this video you will see how simple changes make all the difference.
Note: The Q&A will automatically play after the training video.
Why Mirror Trade?
When you mirror trade you gain better control over money management without changing the original strategy. This is especially true when you are running an EA or a managed account where limitations exist.
Another benefit is you can use different broker’s feed to generate the “signal.” Have you ever had an EA or strategy that worked well with one broker and not with another that you want to trade with?
To avoid this problem you could run the system at the broker it works well with and then mirror/copy the trade to your other broker account(s).
One of the biggest advantages is the ability to flip/invert bad trades, turning losing trades into winners.