The history of Day Trading goes back to 2005 when traders used to copy specific algorithms that were developed through automated trading. Brokers recognised the potential of having systems where any linked to that trader could automatically copy their trading account. There was no need to constantly monitor email signals or trading ‘chat’ rooms. We think they were onto something. Out of this were born services that allowed traders to connect their personal trading accounts to their platform. Traders no longer had to submit their specific strategies. The popularity of Day Trading has since exploded.
1 in 3 say a traditional stock market approach is over-complex and this can be simplified by automatically following traders. 1 in 4 investors said they were considering Day Trading last year
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