Post
Topic
Board Trading Discussion
Re: Is copy trading a legit way of income for beginners or just a marketing tactic?
by
Sanitough
on 09/08/2023, 20:54:44 UTC
Copy trading isn't for beginners. Only mid level traders and professional or expert traders should copy trade. By the way, this.isnthe most laziest way to make money off of trading. Real and more experienced traders would never advice any beginner to copy trade because there is no skill acquired from copy trade. Beginners are called beginners for a reason. They have to start from the beginning and learn the basics of trading. Their priority at the beginning should never be to make money but to learn the steps that it entails.
Absolutely. Regardless if copy trading makes a great advantage to acquire profits, but it all depends on how capable the user is to copy trade. And obviously, beginners have no idea about copy trading, and even if they’re aware too, their level of understanding copy trading is only minimal. They may take some beginners profits but in the end they will still end up losing. That is why copy trading are never advisable for beginners. In fact, beginners are not allowed to trade in the first place, instead their focus should be on learning acquisition and on how to maximize their level of understanding through minimal experience.