A trading period refers to the duration of time during which trades are executed by the selected trader or signal provider. It represents the timeframe within which the trades are opened and closed. The trading period can vary depending on the strategy and preferences of the trader or signal provider.
The trading period has an impact on the copied trades because it determines the duration for which the trades will be open in the follower's account. If a trader or signal provider has a short-term trading period, the trades they execute will likely have shorter holding periods. Conversely, if the trading period is long-term, the trades may remain open for a more extended period.
When copying trades, it's essential to consider the trading period and align it with your own trading goals and risk tolerance. If you prefer shorter-term trades, you may look for traders or signal providers with a similar trading period. On the other hand, if you have a long-term investment horizon, you may opt for signal providers who hold positions for an extended period.
For more information, we recommend that you read about how commission is calculated.