Quote from: cheezcarls on Today at 12:41:29 PM

You can do copy trading […]

Copy trading is extremely risky and has a lot of downsides even if you rely on a profitable trader. First you have to copy every trade to the T, if you only copy some of them exactly the same way you will have different results and if you skip trades, you have unpredictable results. Second you have to trust a stranger's mind and thinking to make the right decisions, put the right stops, do a proper analysis, etc. Third: when things go wrong (e. g. losing streak) there is no way to learn and improve from past trades as you are not making any decision other than to follow a particular trader. And so on. Rather following other traders trades, I'd put in the effort to learn it myself and improve over time.

Quote from: cheezcarls on Today at 12:41:29 PM

In my first few days, I was at a loss of more than 20%.

And that's the point – you don't know why. Did the trader make mistakes? Did he panic and get out too early? Did he not sleep well the night before and that's why his analysis lacked that day? Or were it proper trades strictly following his plan and they just didn't work out? You don't know. And you cannot improve from that.

Just my thoughts on copy and signal trading.