Copy Trading - experience and tipps

[alik111]

My opinion about copy trading is a good idea. Because when you are interested in trading but have a very little knowledge about perfect trading tips then you can make profits by copy trading which is like following others.

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[GeorgeJohn]

It should be understood that the trader will exactly repeat the mistakes of his opponent. I would still advise you to count on yourself.

Any trader who observe or experience lost doesn't like to repeat such mistake that leads to it down fall, the things that make that occurrence of such mistake always followed with precautions, look at it in other way round, it's that anyone who developed it's own experience of trading and undergoes much lost during the time of been novice in trading always detect it's bearers of it's trading..in case some people is not aware any self knowledge always stick to the memory..so it's acknowledgeable to know the rudiments of any trades on your own.

[dunfida]

It should be understood that the trader will exactly repeat the mistakes of his opponent. I would still advise you to count on yourself.

Any trader who observe or experience lost doesn't like to repeat such mistake that leads to it down fall, the things that make that occurrence of such mistake always followed with precautions, look at it in other way round, it's that anyone who developed it's own experience of trading and undergoes much lost during the time of been novice in trading always detect it's bearers of it's trading..in case some people is not aware any self knowledge always stick to the memory..so it's acknowledgeable to know the rudiments of any trades on your own.

Some do leave immediately and some do really come back and much wiser the second time around which it would really be that common that you would really be that mindful in regarding with your next action.

Copy trading isnt bad as long you do know on how to make yourself learn so that on the time will come on which those traders would stop to trade or not really making profits then you do at least

able to make yourself solo and made out trades on your own without relying anyone.

[passwordnow]

My opinion about copy trading is a good idea. Because when you are interested in trading but have a very little knowledge about perfect trading tips then you can make profits by copy trading which is like following others.

It's good as a start. But if you run off on it for a long time, you'll never know what will be the impact of it. And I guess the crave that you should be making your own trade is going to be there. You'll get the idea from the traders that you're copying and what they're buying.
So that you'll make your own trades and doing research for the strategies that you should apply once you're no longer a follower of it. Nothing wrong with this and if you're successfully making money on it, why would you stop? But, I'm not a fan of this.

[cheezcarls]

Usually copy trading would be a hands off experience for the newbies and beginners to start making money in cryptocurrency trading in a legit way. However, the result would depend on a lot of factors such as the movement of the market and the decision of the trader you copied whether he short or long it. There are no promises or guarantees in the results in copy trading, but if you are a newbie or beginner who doesn't know how to read charts and wanted to have some results, you can go with copy trading but only put an amount that you can afford to lose.

[kamilah147]

Hi guys,

does anybody had some success with copy trading?
Would be very interested if someone has some experience to share.

Thank you already!

Kind regards
AD

There are some people who use copy trading because it saves time and doesn't have to be difficult to learn. I can say that copy trading is a fast way to trade. However, this method can also have a great chance of success in trading. some copy trading platforms like Etoro and PrimeXBT are also great to use. but we also have to train skills for trading so as not to depend on that instant method.

[Silberman]

My opinion about copy trading is a good idea. Because when you are interested in trading but have a very little knowledge about perfect trading tips then you can make profits by copy trading which is like following others.

Can you tell me how is a person that does not know anything about trading going to select which trader to follow if they do not know anything about trading? Besides someone that is very interested in learning how to trade will not remain ignorant of the realities of the market for long, after all now we have the internet, we have access to more information now than what previous generations had during their entire lives, so if someone really wants to learn how to trade they will have the basics mastered in just a few weeks and they will not need to copy any trader anymore.

[Lanatsa]

My opinion about copy trading is a good idea. Because when you are interested in trading but have a very little knowledge about perfect trading tips then you can make profits by copy trading which is like following others.

Can you tell me how is a person that does not know anything about trading going to select which trader to follow if they do not know anything about trading? Besides someone that is very interested in learning how to trade will not remain ignorant of the realities of the market for long, after all now we have the internet, we have access to more information now than what previous generations had during their entire lives, so if someone really wants to learn how to trade they will have the basics mastered in just a few weeks and they will not need to copy any trader anymore.

Just common sense, they would really be finding into those rankings on whose trader is profitable and even if you do have zero knowledge in trading then it wouldnt really be that hard for you to make out some choices
and sticking into that person since you do know that he's best among others.Even if you are zero knowledge then you could make money but the question is, how long it would be?
Would you be relying into him until the very end of time and wont tend to learn up for yourself about particular things along the way? Well, thats really a very wrong idea.

[endut15]

Copy Trading is suitable for use by beginners but does not always use Copy Trading. if you are new to trading and while learning to trade well, you can use copy trading. if you are ready to lose by following other people's trading styles and decisions, you can continue to use copy trading. but it's not a good idea to be profitable in trading. it is better to rely on yourself by learning more about trading and practicing skills in trading.

[Peanutswar]

At the first glance looks like less hassle with the copy trading I used etoro before and it is good too at the same time but the problem is we don't want to become a dependent trader because not all the time it will become profitable to the trader you follow with still at the end of the day its better you know how to make a trade at your own so you know the risk at  yourself and not to blame the copy trading.

[so98nn]

I have a very small copy-trading portfolio on eToro just for fun, and I really don't expect to make a significant amount of money. In fact, I expect the traders I copy to totally mess it up at some point.

Think about it — if I was a totally successful trader, I'd take advantqage of my strategies on my own and make money myself.

Pretty fair. I also read and followed copy trading on the eToro itself. It did not convince me and neither I tried it since it felt too much at the time. I literally laughed on how they had portrayed different peeps on the marketing pages where you can select one of them and start copying.

The fun fact was, you had range from highly recommended to lowest recommended. Tell me why would they even keep that range and lowest performer? Looked way funny so ignored it and never tried.

[BobK71]

My opinion about copy trading is a good idea. Because when you are interested in trading but have a very little knowledge about perfect trading tips then you can make profits by copy trading which is like following others.

Now I think the crypto market is very much mature where every trader wants to acquire proper knowledge and implement to the market strategy. Here if you just make copy trade some times it can give you profit but most of the time you can be fail to take the profit. So it is better to avoid such type of trading strategy.

[Silberman]

My opinion about copy trading is a good idea. Because when you are interested in trading but have a very little knowledge about perfect trading tips then you can make profits by copy trading which is like following others.

Can you tell me how is a person that does not know anything about trading going to select which trader to follow if they do not know anything about trading? Besides someone that is very interested in learning how to trade will not remain ignorant of the realities of the market for long, after all now we have the internet, we have access to more information now than what previous generations had during their entire lives, so if someone really wants to learn how to trade they will have the basics mastered in just a few weeks and they will not need to copy any trader anymore.

Just common sense, they would really be finding into those rankings on whose trader is profitable and even if you do have zero knowledge in trading then it wouldnt really be that hard for you to make out some choices
and sticking into that person since you do know that he's best among others.Even if you are zero knowledge then you could make money but the question is, how long it would be?
Would you be relying into him until the very end of time and wont tend to learn up for yourself about particular things along the way? Well, thats really a very wrong idea.

But why would a trader that knows they can be profitable over the long term allow himself to be copied? We know that traders are very wary of revealing their strategy, and with good reason, as the moment their strategy leaks and the more people use it the more ineffective it becomes, so someone that allows himself to be copied risks revealing the strategy behind his profits, and no matter how much I think about it this seems like a bad idea.

[sulendra12]

My opinion about copy trading is a good idea. Because when you are interested in trading but have a very little knowledge about perfect trading tips then you can make profits by copy trading which is like following others.

True and then you will learn nothing and once you start to trade by yourself you will be confused as hell because you don't know what are you going to do in certain situations.
It's great if you do the copy trading just for side-stuff and not relying that much into this copy trading but sometime you have to learn how to trade by yourself if you want to actually make something in crypto trading.

[martyns]

My opinion about copy trading is a good idea. Because when you are interested in trading but have a very little knowledge about perfect trading tips then you can make profits by copy trading which is like following others.

True and then you will learn nothing and once you start to trade by yourself you will be confused as hell because you don't know what are you going to do in certain situations.
It's great if you do the copy trading just for side-stuff and not relying that much into this copy trading but sometime you have to learn how to trade by yourself if you want to actually make something in crypto trading.

Copy trading sometimes gives you profits but depends on who you are copying the trade from. Trades that are copied will strongly hits the target which it was set for. Imagine you copy someone like Chris Ani, the owner of Dapps TV, you will successfully hits target without challenges. Moreover, experience is the best teacher a trader should have. Copying trading may sometimes make you lose because those people you are copying their trading pattern from uses high leverage which will applied to you losing your capital. You can't compare those that use $10k to enter a single trade, to you that is using $400. First of all, your gains will be totally different and the risks involved may liquidate your future account.

[CapGelatik]

My opinion about copy trading is a good idea. Because when you are interested in trading but have a very little knowledge about perfect trading tips then you can make profits by copy trading which is like following others.

True and then you will learn nothing and once you start to trade by yourself you will be confused as hell because you don't know what are you going to do in certain situations.
It's great if you do the copy trading just for side-stuff and not relying that much into this copy trading but sometime you have to learn how to trade by yourself if you want to actually make something in crypto trading.

If only relying on copy trading alone it will not make us grow and it is not good for ourselves,
for me learning to trade in their own way is mandatory because every trader has their own way,
not always copy trading is able to generate profits in accordance with our expectations and can also fail

[Kelvinid]

At the first glance looks like less hassle with the copy trading I used etoro before and it is good too at the same time but the problem is we don't want to become a dependent trader because not all the time it will become profitable to the trader you follow with still at the end of the day its better you know how to make a trade at your own so you know the risk at  yourself and not to blame the copy trading.

It should be not, we don't need to be reliant always, we should also have to carry ourselves by our own decision and our strategies. It is quite good to start copy-trading in our early days but this can't be forever. Honestly, we are not really profitable if we are just using copy-trading and the chance of making ourselves lazy as possible.

As we wanted to grow and enhance our skills, it was most preferred to take the risk on our own. We are not just building ourselves to have confidence but in this way, we also make our mind works well.

[Silberman]

At the first glance looks like less hassle with the copy trading I used etoro before and it is good too at the same time but the problem is we don't want to become a dependent trader because not all the time it will become profitable to the trader you follow with still at the end of the day its better you know how to make a trade at your own so you know the risk at  yourself and not to blame the copy trading.

It should be not, we don't need to be reliant always, we should also have to carry ourselves by our own decision and our strategies. It is quite good to start copy-trading in our early days but this can't be forever. Honestly, we are not really profitable if we are just using copy-trading and the chance of making ourselves lazy as possible.

As we wanted to grow and enhance our skills, it was most preferred to take the risk on our own. We are not just building ourselves to have confidence but in this way, we also make our mind works well.

I would go as far as to argue that copy trading is never a good thing regardless of your stage of development as a trader, and the reason for this is that in the case you were a newbie and then you got some small success while copy trading if the person you were copying leaves the exchange or stops allowing others to copy him then newbies will be tempted to look for another trader to copy instead of learning how to do this on their own, hindering their development in the process.

[justdimin]

At the first glance looks like less hassle with the copy trading I used etoro before and it is good too at the same time but the problem is we don't want to become a dependent trader because not all the time it will become profitable to the trader you follow with still at the end of the day its better you know how to make a trade at your own so you know the risk at  yourself and not to blame the copy trading.

It should be not, we don't need to be reliant always, we should also have to carry ourselves by our own decision and our strategies. It is quite good to start copy-trading in our early days but this can't be forever. Honestly, we are not really profitable if we are just using copy-trading and the chance of making ourselves lazy as possible.

As we wanted to grow and enhance our skills, it was most preferred to take the risk on our own. We are not just building ourselves to have confidence but in this way, we also make our mind works well.

Even on the early days it is not great because we are talking about a situation where we are talking about newbies not learning how to trade and only trading what others trade and they have no idea why they are trading that. I believe that the best way to invest is not copying what others are doing, it could be copying "how" they trade and that way you will learn what they care about the most.

This isn't easy but if you learn that then you are going to be trading very well. Of course this isn't the only way to trade, but at the same time if you learn how they pick the coins, then you could pick anything yourself as well when you see that coin hitting those indicators.

[LUCKMCFLY]

At the first glance looks like less hassle with the copy trading I used etoro before and it is good too at the same time but the problem is we don't want to become a dependent trader because not all the time it will become profitable to the trader you follow with still at the end of the day its better you know how to make a trade at your own so you know the risk at  yourself and not to blame the copy trading.

It should be not, we don't need to be reliant always, we should also have to carry ourselves by our own decision and our strategies. It is quite good to start copy-trading in our early days but this can't be forever. Honestly, we are not really profitable if we are just using copy-trading and the chance of making ourselves lazy as possible.

As we wanted to grow and enhance our skills, it was most preferred to take the risk on our own. We are not just building ourselves to have confidence but in this way, we also make our mind works well.

At the moment I don't know how to operate in the market, I have never used something like copy-trading, but I would like to know if it is currently profitable? I have seen several promotions where some traders do so well that their lives have changed a lot, but of course I think it was also a kind of marketing for the exchange that was promoting it through an article, I don't know if this can somehow get through to be good, because they show a range of many traders who give their signals and one is free to choose them or not.