Post
Topic
Board Trading Discussion
Topic OP
The down side of copy trading
by
Oshosondy
on 28/08/2024, 21:28:00 UTC
I just decided to visit copy trading today again. I went through some traders that are copied. I saw the people that copy them. The first person that I checked that has opened a position for 90 days is making money. Some people that copied him is making money also but some people are losing money while copy him. There are people that makes no money but not losing yet at the time I snapped this.


This is just like 5% of  people that copied him. I snapped the people from the top which gained most. J scrolled down to snap people from the down part which are the people that are losing most.


   

What lesson can you pick from this?

1. If the person just started trading, you will not know if you should copy him or not
2. If the person is making profit already and you copy him, you may be losing

Know that the person you copied might be losing.