Post
Topic
Board Trading Discussion
Re: The down side of copy trading
by
pawanjain
on 07/09/2024, 11:49:46 UTC
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 might be losing

Know that the person you copied might be losing.

It gets quite tricky in copy trading. If the person is already in profits and if we copy him then we "might" lose money.
If the person has just started then it becomes uncertain whether he will make profits or not.
If the person is losing money then there's no point to invest at all.
So in copy trading the best point is to copy when the person has just started trading and is making profits.