Stock Trading

Have Your Favorite Guru Trade For You at Ditto Trade

Have you heard about this? DitttoTrade.com is a trading brokerage that was started by a couple of the online trading brokerage pioneers to allow trading gurus or stock picking services to trade on behalf of their clients.

If you place that much trust in a trading service or guru you can open a brokerage account at Ditto Trade, sign up for a service or guru you like, pay their monthly fee, and set up your account to automatically mirror their trades.

Mirror — as in the trades are made for you.  As in — you don’t have to do a single thing.  Other than trust a guru completely.

Here’s a screenshot from their website:

How it Works - Follow Lead Trader

(Click Image to Enlarge)

How it works is like this: Once you have opened your account at Ditto Trade and signed up for one of the many trading advisory services, you can configure your account to either take every trade your guru makes, take a predetermined amount of trades, allocate a specific amount of your equity per trade, and much more.  Then, when your service makes a trade, Ditto Trade follows the criteria you set and makes a trade for you.

All without you having to lift a finger.  Sound good?  I don’t know, I’ll let you decide.

Here’s some more info from the Ditto Trade Website.

If you’re  a trading Guru or Stock picking Service you might want to check it out as well.

Full Disclosure: I am NOT affiliated in any way with DittoTrade.  I just think it’s kind of interesting.

Trend Trading Vs. Counter Trend Trading, Which One Is Better?
How The Biggest Retail Traders Got Rich
Would You Buy This Breakout?
5 Things To Do When Stocks Take off Without You
Russell 2000 (IWM) in Trouble…?

The markets have been rallying for quite some time — have...

Market Update 03-19-17

Happy Sunday everyone! I hope you all had a killer week...

Market Update 01-29-17

Well, January is coming to a close, the Dow topped 20,000...

Market Update 11-01-17

If you’re wondering why your trading might be a little choppy...

Get the Ebook today - Breakouts For BeginnersDownload
+ +