Quote from: Viscore on Today at 08:33:04 PM

Quote from: Silberman on April 19, 2022, 04:13:42 PM

Quote from: ADCrypto101 on April 18, 2022, 04:11:47 PM

Hi guys,

does anybody had some success with copy trading?
Would be very interested if someone has some experience to share.

Thank you already!

Kind regards
AD

You only need to think a little bit to know this is not a good option, if you have a successful strategy that you have developed on your own will you share that with everyone for no cost at all? What if one of the persons which is copying your trades is then able to realize how are you making your money and then tells to more people making your strategy way less effective? The risks are simply too high with no benefits, so most of those that allow themselves to be copied do not really have a reliable strategy at all.

Certainly the worst case, copying some unprofitable strategies that will only bring more losses on your part. Its always better to develop your own thing, the strategy that you think will perfectly work on you. Well, there's no really wrong from copy trading, but just prepare yourself for some losses than gains as most likely, other traders are sharing it to you because they are not benefiting from it already.

And losing that way would really be creating that regrettable feeling because you would be thinking that it would be much better that you do lose on your own way or analysis rather than on losing when you are just following on someone which you would really be having that unjustifiable kind of feeling.

There are still copy trade platforms which you could really make use of but its not really recommended and its much better if you do really trade on your own and learn from it so that you could
really make your own trades without relying someone.