Anyone else using passive strategies or reward features during this market phase?
Copy trading isn't passive and if the trader you are copying isn't doing good, you're also going to lose just as them. The best passive strategy is to DCA and hold while the markets are boring. You don't have to be so active on this when you know what's happening. But if copy trading works well for you and this is something that you've been doing and you're used to it, there is no need for you to listen to anybody that says that copy trading is quite risky just like me. And that is because you know what you're doing and that's what is important as of this moment.
It can be passive, there are tools and situations in which you can set it to automatically copy someone. So in that case it can be considered passive. DCA can also be considered to not be passive if the platform that you are using does not have an automated system, so you have to log in each time and make the buys yourself.
I can agree that the market is very boring now and has been for a while. I liked the excitement that was happening when Trump won the election.
While it can be passive, what I am trying to explain to you is that it's still also active. Because the one that you're copying should do good. But if that trader isn't doing good and you're all in losses, is that still passive? or passive losses? Forget about all of those automatic or automated systems. If they are profitable, all of us are already doing that and there is no need for one to be poor in life but that thing is just a hype, a buzz word used to attract more referrals and people to buy those signals or convince the copiers to copy these traders.