Quote from: Pamadar on August 31, 2023, 09:04:41 AM

Quote from: coinerer on August 29, 2023, 04:09:20 PM

Quote from: Bitcoin_people on August 29, 2023, 02:36:38 PM

Quote from: rojan on August 25, 2023, 02:21:04 PM

Quote from: coinerer on August 25, 2023, 02:06:11 PM

Many people are constantly doing copy trading and while doing this trading, they can understand themselves and gain good profit by adopting their own training strategies, but this happens to those who are interested in learning trading even though they are doing copy trading. But those whose intention is only to make some income by copy trading, they may be able to make some profit for a temporary period but cannot gain anything good. There are various types of paid channels where trading signals are provided which are very effective but spending time behind them and doing no research on your own will never lead to good trading knowledge.

Earning money is very easy for those who understand about trading. And those who do not understand trading will never make money. However, if you trade with signal from paid channel, you lose very less money.Trading has to be done immediately after receiving the signal in the channels, if trading is done later, there is a possibility of losing money.

However, without the knowledge of training, it is never possible to make a profit, especially those who are new can never acquire good skills about trading. But it is true that in order to make money a person must have a special knowledge of the market to be able to profit successfully. Moreover, there are many channels that give signals about trading, if you follow them, you can profit, but you have to follow them at the right time, otherwise it is not possible to make a profit. Trading must be done carefully or face losses. And I think that if you want to trade, you should do it with your own skills, but you can earn by trading at any moment.

I can't agree with you. without trading skill it is possible to get profit by following trading signal. in this case he/she only need to know how to buy and sell crypto. no required any others knowledge. but if anyone want to trade by there own strategy and own research the he need a high trading skill and previous good experience. But since we are talking about copy trading here, I don't think it requires any high trading skills

If leaning with copy trading and nothing else, if by luck he might earn if the trader that he's copying will perform, the problem is there's always high volatility.

If the trader he's copying change their position, the one who's copying who doesn't have any knowledge
will surely lose as they can't change in time, possibly that the position will be burned and losing the investment
is not by far.

When someone copy trades he is copying someone else's trading exactly and applying it without doing his own research. So he will never know the probability of success of his trade so if he trades with big amount without predicting anything then he will face loss. So it is foolish to put complete trust in copy trading. And those who do not have trading knowledge should not do copy trading. this can lead to huge financial losses without anyone knowing.