Mizar | Copy Trading & The power of Algo-trading

Mizar
Mizar.com
Published in
4 min readAug 3, 2022

--

Starry night with a text that says “Copy Trading, The power of Algo-Trading” branded with a Mizar logo

Mizar aims to automate your crypto trading so that you can get back your time while reducing risk and improving portfolio performance. You can achieve this with the power of algorithmic trading. Algorithmic trading can be applied in many ways, but the most popular one is Copy Trading.

What is Copy Trading?

Simply put, Copy Trading is mirroring a trader’s buys & sells as they happen so that you can grow your portfolio without the need of devoting time or expertise to find the right trades. This means that any trader, regardless of experience level can take advantage and earn no matter market conditions.

  • For a Novice Trader or someone just getting into Crypto, Copy trading can help you grow your portfolio without the need to know the complexities of tokenomics or Technical Analysis.
  • For an experienced trader, it is a great investment opportunity for diversification, practicing risk management, and using the power of algo-trading to trade fast while opening positions to get the best price.

The advantages of Copy Trading aren’t just limited to trading like an expert or taking time away from your screen. No matter the reason, we at Mizar are ensuring that Copy Trading can be an additional source of revenue for traders looking to grow their portfolio or experts looking to earn a passive income.

Copy Trading on Mizar

Using Mizar’s Marketplace, you’ll be able to search & select qualified Signal Providers whose strategy you can mirror to execute the exact same trades as they set up within a few simple clicks — no programming knowledge needed. You’ll be able to search through qualified Signal Providers based on Mizar Score ranking or other various parameters and select strategies that fit your risk appetite.

When searching for the right strategy, you will be able to view a detailed analysis of a trader’s past trades and performance over time. Not only do we want to offer a simple way to copy the best traders in crypto, but also give you the ability to customize the strategies to ensure you’re only entering the types of trades that you value.

As someone copying traders on our platform, you will be able to fine-tune the strategies to fit your needs. Whether it is the amount of allotted capital, controlling the open positions that are opened, or editing the settings of the strategy. Examples include: choosing the exchanges you value the most; Avoiding specific types of tokens; customizing stop-loss and take-profits; and much much more. This customization of copy trading strategies will give you peace of mind knowing you’re entering trades exactly how you want them.

No Subscription fee

Copy Trading on Mizar has no subscription fee. You only pay a Performance Fee based on your actual profits, therefore you only pay a fee for winning trades. You can reduce the number of fees by up to 45% based on your STARs Level depending on the amount of $MZR token you have in your wallet. The fees you pay are set by Signal callers, the traders that allow others to Copy Trade.

Mizar and the Best Traders in Crypto

We will be vetting all Signal Providers before allowing them to participate on Mizar. There is a qualification process that each Signal Provider must go through and once onboarded will be monitored for a period of time to ensure the quality of their strategies. Mizar has already been targeting and onboarding the best Traders in crypto, however, we will also bring on the community members who rank in our competitions and individuals who apply themselves.

Now that you understand Copy Trading, how it works with Mizar, and how you can benefit from it, we’d like to invite you to the Mizar platform to apply what you have learned today. Check out our social media & other links down below to learn more about us!

You might want to have a look at our referral program as well, where you can earn a part of the profits from your referred friends and/or family members. Generate your referral link and get rewarded today.

Join Mizar Today!

Help us build the crypto trading platform you want to use.

Mizar is a next-gen trading platform where traders can search for strategies to securely allocate capital or get access to a wide range of trading tools to put their assets in motion. Mizar makes trading simpler and more accessible to everyone, subscription-free. Be an active part of the MIZAR crypto trading community.

Sign up here or visit mizar.com

Discord | Telegram | Telegram Announcements | Twitter | Website | Medium | Youtube

--

--