What do you think about copy trading?

Nov 01, 2022 at 07:39
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1 Replies
Member Since Oct 29, 2020   18 posts
Nov 01, 2022 at 07:39
I am a total newbie to the forex world. I was trying to learn trading for a while but couldn’t get my head around the technical concepts. I will not give up on learning but thinking of trying copy trading until I am able to trade on my own. Just want your opinions on where I can find experienced traders to follow and interact with.
Member Since Aug 05, 2021   401 posts
Nov 01, 2022 at 17:35
I think it is risky. You can do your due diligence with research and choose a solid trader to copy, but that doesn't mean that they won't make mistakes. These people are also likely to try to make themselves sound like better traders than they are, so I would look for hard evidence that they are making money and seem to really know what they're doing.
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