Copy trading

In the ever-evolving world of cryptocurrency trading, staying ahead of market trends and making informed decisions can be a challenge—especially for new or less experienced traders. At Berkorp, we recognize that success in crypto trading is often influenced by a combination of market expertise, timing, and strategic decisions. This is where our Copy Trading service comes into play. Copy trading, also known as social trading or mirror trading, allows users to replicate the trades of experienced traders on the platform. Whether you are new to crypto or a busy professional looking to diversify your investment portfolio, copy trading offers a straightforward and automated way to participate in the markets, leveraging the expertise of seasoned professionals.

At its core, copy trading enables users to automatically copy the trades of successful traders, also referred to as Signal Providers or Leaders. Here’s a step-by-step breakdown of how it works on Berkorp:

1. Select a Trader to Copy: Once you sign up for an account on Berkorp, you can browse through a list of top-performing traders, each with a detailed performance history. You can filter these traders by various parameters such as success rate, trading volume, risk profile, and strategy preferences. This allows you to pick the trader who aligns with your investment goals.


2. Allocate Funds: After selecting a trader, you decide how much capital you want to allocate to copy their trades. You can choose to copy one trader or diversify across multiple traders to reduce risk. The amount you allocate will determine the size of the trades that are copied.


3. Automated Copying: Once you have chosen a trader and allocated funds, Berkorp's system will automatically mirror their trades in real-time. This includes buying, selling, and stop-loss actions. Every trade made by the leader is copied proportionally based on your allocated funds.


4. Monitor Your Portfolio: Even though your trades are being copied automatically, you maintain full visibility and control over your portfolio. You can monitor the performance of the traders you're following, adjust your allocations, or stop copying at any time.


5. Adjusting Copy Trading Settings: For users who prefer a more tailored experience, Berkorp offers various customization options. You can choose to copy trades with a certain risk level, decide how much of your portfolio you want to allocate to specific traders, and set notifications to stay updated on major trades or portfolio changes.

1. Access to Professional Expertise: One of the primary advantages of copy trading is the ability to tap into the expertise of experienced crypto traders without needing to dedicate hours to research and analysis. Whether you’re a beginner or a busy professional, you can benefit from the knowledge and strategies of skilled traders.


2. Automation for Convenience: Copy trading removes the need for constant monitoring of the markets. Once you’ve set up your copy trading strategy, trades are executed automatically on your behalf. This allows you to earn passive income while reducing the stress and time commitment typically associated with active trading.


3. Diversification: Instead of relying on a single trader, you can diversify your investments by following multiple traders with different strategies. This helps to spread risk, potentially increasing your chances of profitable outcomes.


4. Risk Management Tools: Berkorp provides various risk management features, such as stop-loss orders and customizable risk settings. These tools help you control the amount of risk you’re exposed to, ensuring that your investments align with your risk tolerance.


5. Transparency and Performance Tracking: The platform offers real-time tracking and historical data of each trader’s performance. This level of transparency allows users to make informed decisions and continuously monitor the success of their copy trading strategies.