Hello everyone.
I have a question that has surely been discussed several times in this forum. For automated Copy trading which is the most recommended platform? Which are the best reliable Traders to copy and in which Exchanges are they located? Maybe there are some tables about it? Are there sites that list the best current traders? Many thanks.
Who told you that copy trading is the most recommended? Well, if you see that online or through brokers/exchanges, you should know that it's probably a marketing gimmick to make their platforms more active and that means more money to them. They now resorted to that due to the discouragement after losses, people trading are reducing for fear of losing more. If copy-trading success is that easy, no one will be trading themselves again and those copy-trading platforms must be very rich and more popular now, but the reverse is the case. I am not saying that copy trading is bad, but you will hardly see the encouraging ones.
Yep - also the fact that the percentage (ROI) of these copy-trading deals is great, whereas the fact that it is so because it was done for a year or so is often forgotten or not seen by the people.
It's not like copy-trading is a magic wand of sorts.