hey everyone, i just came across the website mql5.com and on the signals tab you can copy trade members but for example i have a 100 dollars and the member im copy trading trades with a 10000 dollars, how would that trade get copied in my account, i mean how does it usually affect margin? does anyone know ??
I don't trust that copy trading actually, it is a matter of money talk only. In short, they will demand you for a deposit which is too risky
especially if you're not familiar with it, instead of this thing much better to make your own way to do the actual trading by your
own strategy.
Could you please take time to elaborate on what are the risks we may need to face when we are not familiar with copy trading. In my understanding, when we are not familiar with copy trading, it would be much better to go for copy trading instead of making our own trading strategy/trading signals. But, here you are saying something completely different from my basic understanding about copy trading. Definitely will be very big help to me if you explain a little bit more on copy trading.
After seeing lots of discussions and positive approach about copy trading from this community, I am slowly convincing myself to go for it because it will save my time and it may get me good returns for my capital in crypto trading in automated way. So, I just want to learn more about what are other risks in in copy trading.