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General Forex Discussion
Copy Trading
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[QUOTE="thomas_novak, post: 219782, member: 103200"] Copy trading can be a tempting option for those looking to get into trading without fully understanding the markets or strategies involved. However, as you mentioned, there are risks involved with blindly copying other traders. It's important to thoroughly research and understand the trader's strategy and risk management approach before copying their trades. Additionally, it's important to recognize that even experienced traders can experience losses, and past performance is not always indicative of future results. Followers should carefully monitor their accounts and be prepared to cut their losses if necessary. Overall, copy trading can be a useful tool for those looking to learn from others, but it's important to approach it with caution and a thorough understanding of the risks involved. [/QUOTE]
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