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.
Its certainly not a good option once and for all. If you are hoping to last longer in trading and be more profitable, then always trust yourself and do not rely for others for you to success. Trading is always hard as it is but if you put extra effort in it, and develop all what you can, then you can be more successful and more profitable than those you wish to copy their trading strategies. And always remember, trading strategies would not still work without mastery on it, so master your own strategy if you have.