Is Copy Trading profitable?

Jan 03, 2023 at 07:20
1,947 Views
34 Replies
Member Since Mar 03, 2023   15 posts
Mar 03, 2023 at 11:36
I would also like to get clarification on a doubt I have regarding copy trading since everyone is talking about it in the thread. I recently began copying trades, but how can I keep track and manage them effectively? Can someone please help me out with this?
Member Since Jan 20, 2014   87 posts
Mar 03, 2023 at 18:05
I made a video called COPY TRADING DO'S & DON'TS. Hope it's helpful.

By Wisdom & Courage
Member Since May 02, 2022   38 posts
Mar 07, 2023 at 08:50
LeslieRuiz posted:
I would also like to get clarification on a doubt I have regarding copy trading since everyone is talking about it in the thread. I recently began copying trades, but how can I keep track and manage them effectively? Can someone please help me out with this?
I would like to give you a few tips that worked out for me and might be helpful to you:
1. Make sure to regularly monitor the performance of the traders you are copying.
2. Keep an eye on how they're doing. You don't want to blindly follow someone who's not making good trades, right?

Hope it helps!
Member Since Jan 12, 2023   20 posts
Mar 10, 2023 at 05:02
Lazard posted:
I made a video called COPY TRADING DO'S & DON'TS. Hope it's helpful.


Quite an informative video! It’s a must-watch for anyone interested in copy trading or just seeking more information.
Member Since Jun 26, 2020   327 posts
Mar 10, 2023 at 12:17
copy trading can be a profitable issue for a while , nothing without it.
Member Since Mar 31, 2021   229 posts
Mar 17, 2023 at 13:12
If you have opportunity to adjust copy trading system to your account properties then great. And of course if you believe in the trader or trading system.
Good luck then and wish you have a great profit.
Think thrice before opening an order
Member Since Jan 12, 2023   20 posts
Mar 18, 2023 at 08:08
Rococo_XVII posted:
If you have opportunity to adjust copy trading system to your account properties then great. And of course if you believe in the trader or trading system.
Good luck then and wish you have a great profit.
Are you basically copying someone else's trades, or is it more like sharing signals with others?
Member Since Mar 31, 2021   229 posts
Mar 21, 2023 at 15:10
Maverwallace_5 posted:
Rococo_XVII posted:
If you have opportunity to adjust copy trading system to your account properties then great. And of course if you believe in the trader or trading system.
Good luck then and wish you have a great profit.
Are you basically copying someone else's trades, or is it more like sharing signals with others?

Surely I am not. Why do you think so? I'm all for freedom of choice. Let everyone choose what is close to him/her.
For example, I want more profit, but so far it has not worked. I even created a thread for discussion in this matter. If interested, I invite you to participate in the discussion.
Think thrice before opening an order
Member Since Nov 20, 2022   8 posts
Mar 22, 2023 at 11:32
JerodMueller posted:
Yes, copy trading can be very profitable. It allows you to copy the trades of experienced traders, which can help you learn the strategies they use and benefit from their experience and success. Copy trading can also help you manage your risk, as you can diversify your portfolio by copying multiple traders. However, it is important to remember that copy trading carries its own risks, so it is important to research the traders you are copying and understand the risks involved.
yes we have. been doing since 2017
Consistency is key of all time
Member Since Sep 19, 2021   4 posts
Mar 22, 2023 at 16:44
I think it is ok. If you dont have time to follow the markets and structure/price action. - Perhaps with your own analysis in conjunction

The problem is not your entry and exit and signals. Everyone can enter a market and make profit. It is 50/50 for beginners.

So, the solution.
Cut your loosing trades
Let your winners go

That is it. Even with a 40% hit rate, your RR should be massive.

Member Since Aug 17, 2022   80 posts
Mar 28, 2023 at 05:38
Copy trading is an ideal option for individuals who is not ready to start trading or have any time to prepare their own strategies. Personally, I have been using zulu connected to my broker, aaafx, to copy the trades of better traders so that I can also make the same returns. Copy trading eliminates the emotional attachment to trades, which can lead to making irrational decisions or holding on to losing positions.
Member Since Apr 18, 2020   54 posts
Mar 28, 2023 at 12:27
Copy trading can be profitable, but it depends on various factors, including the expertise of the trader you are copying, the trading strategy used, and the market conditions.
Member Since Jun 26, 2020   327 posts
Mar 29, 2023 at 09:06
some copy trading are too expensive but results are good , generally this system build for the investor not for the traders.
Member Since Nov 21, 2022   9 posts
Mar 29, 2023 at 12:54
Copy trading can work but the odds of finding a good trader is so small. You will more likely end up with a scammer
Member Since Jan 06, 2022   19 posts
Apr 12, 2023 at 13:05
Copy trading can be profitable, but it depends on several factors such as the skill of the trader being copied, the amount of risk involved in the strategy, the size of the investment, and the market conditions. Copy trading involves replicating the trades of successful traders, so if the trader being copied is skilled and experienced, there is a chance that the strategy will be profitable.

However, it is important to note that past performance is not always indicative of future results and there is always a risk of losing money when trading in financial markets. Therefore, it is essential to thoroughly research the traders and the strategy being copied and to understand the risks involved before engaging in copy trading.

Additionally, it is important to manage the risks by diversifying the portfolio and setting stop-loss orders to limit potential losses.
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