What is Copy Trading

sevenstarfx

Banned
Dec 4, 2023
2
1
9
32
Saint Vincent and the Grenadines
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[URL deleted] Copy trading, found within financial markets, involves less experienced followers replicating the trades of more seasoned or successful Providers. It includes mirroring the actions of these adept Providers, either automatically or manually, with the aim of leveraging their expertise and potentially attaining comparable investment outcomes.
 
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CallahanSinclair

Active Trader
May 13, 2023
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Do you think copy trading is a smart move? I think it's good to ask for tips from the pros, but straight-up copying them might not be such a great idea. It could end up losing you money.
 

Ethan.ishere

Newbie
Jan 4, 2024
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I find it quite interesting to be able to do what actually successful traders are doing and to gain some insight into their view of market dynamics.
 

Phill88

Banned
Dec 17, 2023
106
13
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Germany
I find it quite interesting to be able to do what actually successful traders are doing and to gain some insight into their view of market dynamics.
Blindly copying trades without understanding the market can lead to big losses. Learning from them is valuable, but you need caution and research to avoid risks.
 
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Usman7789

Trader
Apr 6, 2024
2
0
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in copy trading i think you can earn money but you are not be able to learn this program .Copy Trading can help you for extra cash but you don't ger knowledge and for better knowledge you have to learn Forex Trading first.
 
Feb 18, 2024
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Viewing copy trading as a learning opportunity from experienced traders and a way to profit from their strategies can be beneficial, but it may not be effective in every market or situation and also carries inherent risks.
 
Mar 29, 2024
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It's not necessarily good, or bad. Depending on a lot of factors, you can make some money with copy trading but if you don't learn from the strategy you are copying you're just a freeloader who will fall off eventually. Also, there is the matter of risk tolerance and available capital.
 

gennarokling

Newbie
Apr 21, 2024
2
0
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Copy trading involves automatically copying the trades of experienced traders. While seeking tips can be beneficial, blindly copying trades may not always be wise and could lead to losses.
 

jim_

Trader
Jul 29, 2024
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Crypto copy trading is a strategy that automates buying and selling cryptocurrency based on professional traders' methods, eliminating the need for extensive time commitment or experience.
 

Amadeus.V

Active Trader
Jul 7, 2023
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Copy trading hasn't evolved to a point to trust it with everything.
If you don't understand it, you can easily get manipulated by scammers.
 

Zerologic

Trader
Jul 17, 2024
158
2
19
in copy trading i think you can earn money but you are not be able to learn this program .Copy Trading can help you for extra cash but you don't ger knowledge and for better knowledge you have to learn Forex Trading first.
Depends on the performance of the leader, if the trading performance of the leader copy trading is bad, the results will also be bad, in this case choosing a profitable trader might help get profits without the hassle of trading themselves, traders only need steps to set up copy trading, but if the leader's performance often loses, copy trading is also detrimental.
 

Amadeus.V

Active Trader
Jul 7, 2023
106
12
34
31
Depends on the performance of the leader, if the trading performance of the leader copy trading is bad, the results will also be bad, in this case choosing a profitable trader might help get profits without the hassle of trading themselves, traders only need steps to set up copy trading, but if the leader's performance often loses, copy trading is also detrimental.
Nope, I disagree! First of all, how would you know if someone is profitable? Based on some pictures that they might give you?? Which he could've gotten from literally anywhere online? If you don't know how to trade, then you can't understand if someone is a professional or not! That's like being an idiot who doesn't know anything about science and mathematics and thinking Terrance Howard is actually a genius for saying 1*1=2
Careful with what you promote
 

fargana

Active Trader
Nov 14, 2022
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27
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Do you think copy trading is a smart move? I think it's good to ask for tips from the pros, but straight-up copying them might not be such a great idea. It could end up losing you money.
You may need to spend time on reliable signal vendors but it is definitely worth it. At least you can expect to make 10-15% monthly with reasonable drawdown risks