Can copy trading be profitable

[Heyui67]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

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[ImThour]

$20 of $2000 is 1 percent and you want to make it per day i.e. 30% per month which will be $600 out of $2000 in a month.
It's not impossible however the chances are less than 5% to make 30% per month or 1% per day with copy trading.

Good luck though if you find someone to get you make it happen.

[entebah]

I believe it depends on which trading account that you want to copy and do your research first for the people that you want to copy their trading.
Btw which website that you use for copy trading?

[un_rank]

There are different types of trading strategies and they each have their level of risk and potential reward. Making an estimate of if a strategy is profitable is impossible, you have to consider how it is applied, how much is staked and the understanding of the market the trader has.

Can I make 20$ per day if I have 2000$

A profit of 1% per day is accumulated to 365% if you are trading an asset like bitcoin which is always live. That is a high expectation for average earning when you factor in that there would be losses accumulated on different days.
Start by doing your research on the different trading methods, test the waters with a few of them by demo trading or back testing the strategy.

- Jay -

[Oshosondy]

Lead traders (traders that copy traders are copying trading from) are people too. I have heard of a lead trader that had good time and make profit, followed by bad time of huge losses.

$20 of $2000 is 1 percent and you want to make it per day i.e. 30% per month which will be $600 out of $2000 in a month.
It's not impossible however the chances are less than 5% to make 30% per month or 1% per day with copy trading.

All days can not be good, there are days that trading will not yield any profit. There are times trading will result to only losses. That is correct.

Do not use your $2000 to trade. Learn trading from scratch and use just $20 to begin. Increase it to $200 and do not let it be more than that. Your experience will let you know what you should do next after you have been trading for a year.

See trading like gambling.

[posi]

$20 of $2000 is 1 percent and you want to make it per day i.e. 30% per month which will be $600 out of $2000 in a month.
It's not impossible however the chances are less than 5% to make 30% per month or 1% per day with copy trading.

Good luck though if you find someone to get you make it happen.

Do you think we can succeed just by parasitizing others? If making money had become so easy, we wouldn't all have to work so hard just to make a few dollars a day. It sounds easy, but to be honest, I have not seen a trader regularly make more than 30% profit every month without loss.
If you want to make money from trading, it's best to learn everything yourself and be responsible for your own money. There is no guarantee that you will win when trading on your own, but at least you will gain experience and knowledge. Better to lose money by copying someone else's and learning nothing for yourself.

[Nwada001]

$20 of $2000 is 1 percent and you want to make it per day i.e. 30% per month which will be $600 out of $2000 in a month.
It's not impossible however the chances are less than 5% to make 30% per month or 1% per day with copy trading.

Good luck though if you find someone to get you make it happen.

Do you think we can succeed just by parasitizing others? If making money had become so easy, we wouldn't all have to work so hard just to make a few dollars a day. It sounds easy, but to be honest, I have not seen a trader regularly make more than 30% profit every month without loss.
If you want to make money from trading, it's best to learn everything yourself and be responsible for your own money. There is no guarantee that you will win when trading on your own, but at least you will gain experience and knowledge. Better to lose money by copying someone else's and learning nothing for yourself.

If I understood ImThour, its statement above did not state that more than 30% profit is always certain, but there is a possibility of making up to 30% profit every month, which is also just an assumption used to give the OP advice, which was also made very clear that the chances are less than 5%. When one says you only have 5% chances of winning something, you can see that there is also a 95% possibility of failing, which is a very bad sign, and you will be depending on luck to win.

There is no part taken in making money that's very easy, although I believe and I have seen people making profit from trading and prediction of market price in every market condition. That does not mean they don't lose trades or they always win all their trades, but their amount of positive trade is always greater than their losses.

OP, your chances of making up to 1% profit every day are very low unless you are ready to partake in a very high-risk trade that might not end well for you. If you already have a good trader with whom you are coping, all you have to do is try it, adding a little experience you might have acquired yourself. Don't put all your 2,000 dollars into one trade; it's risky. Better yet, slit your funds little by little so that if the trade goes sideways, you won't lose everything completely. You also have to reduce your 1% daily profit estimate. If you have a lesser target, it might as well reduce the risk of entering the wrong trade.

[SmartGold01]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

How reliable is the person you want to copy trade if I may asked, not all copy trade are profitable you might funds your account upto $2k and waste it just in few weeks. Besides 20$ per day is something that's not certain since you've not use the tools the before, so if I were to be you I won't mind putting less to know how authentic the trading would be for me before increasing my equity.

[Bananington]

Is copy trading worth it

If you start your trading as a copy trader, copying signals of more better traders with result, it is good that you plan not to remain a copy trader if you want to be really be a trader for a long time. Depending on someone is not good especially in trading because any day that person stops making it possible for you to copy their trade or when they start failing, it will difficult for you to continue with trading. Copy trading can be profitable but not for long.

[Aikidoka]

Lead traders (traders that copy traders are copying trading from) are people too. I have heard of a lead trader that had good time and make profit, followed by bad time of huge losses.

$20 of $2000 is 1 percent and you want to make it per day i.e. 30% per month which will be $600 out of $2000 in a month.
It's not impossible however the chances are less than 5% to make 30% per month or 1% per day with copy trading.

All days can not be good, there are days that trading will not yield any profit. There are times trading will result to only losses. That is correct.

Do not use your $2000 to trade. Learn trading from scratch and use just $20 to begin. Increase it to $200 and do not let it be more than that. Your experience will let you know what you should do next after you have been trading for a year.

See trading like gambling.

Daily trading as you mentioned may not always be beneficial. Some days the market can be unpredictable and I think that taking a break could be necessary to avoid losses. Timely breaks are crucial imo, and they can help you avoid a losing streak.

Starting with $20 would be ideal as it would allow the OP to understand how investing works and learn from their mistakes over time until they become an expert. However investing $2000 as a starting point and waiting for a daily revenue of $20 can be risky, but it could be feasible if you have a lot of knowledge and/or following a solid strategy that minimizes risk while making daily profits.

[Zanab247]

Those that tried this copy trading in the past, find it difficult to meet up with their plan because crypto market is unpredictable which the market price can change at anytime for the day traders not to make profits at the moment. To make $1 per day is not easy with that kind of capital but you can make more than that weekly because there will be hope of making more than $4 per week.

Is copy trading worth it

Can I make 20$ per day if I have 2000$

I don't think, you can make $20 per day because is not guarantee that the price of crypto will remain bull forever which traders used to experienced bear market and bull market to allow them to plan for another day, week or month. But you can make a good profits from that $2000, if you can apply long term holding which is the best strategy many traders use to make reasonable profits from their trading.

[CODE200]

I believe it depends on which trading account that you want to copy.
And do your research first for the people that you want to copy their trading

Definitely do your research, not to mention that even if you're copying the most successful trader out there, the risk would still be the same for both because losses are an inevitability when trading, I do think that it is profitable though as long as you're copying someone who has more success in trading than fails. I don't know the math whether you can make 20$ out of 2k$ but if you are copy trading, there's a likely chance you'll make more daily.

[Cuenta Alternativa]

Can I make 20$ per day if I have 2000$

No. The rest of the answers give too many twists and turns on the subject, wanting to make an annual return of 365% is a direct path to losing your $2,000, which will get closer to a 100% chance of losing it all the longer you use copy trading or any other strategy.

And by the way, if someone offers you that return, be suspicious that they are trying to scam you.

By the way, I just noticed that the OP opened a similar thread in the Gambling section:

Can i make 100 $ daily from online casinos

He is determined to make a profit that cannot be made except by a miracle, and much less in a sustained manner over time.

[kryptqnick]

I read about copy trading to understand it better and to see what research is available about it. It seems to be an okay method, but it increases the risk-taking among people because they tend to trust those whose trades they copy. But nobody can guarantee any profits, and 1% per day adds up to quite a lot per month, so I wouldn't say it's an easy and reasonable expectation. Apart from wins, there can also be losses, and consistent winning is the hard part, even if it's copying someone who is supposedly good at this. I don't think it's real, and the risk outweighs the potential benefits for me.

[salad daging]

Try moving it to the trading board as it will be more appropriate there to discuss it.
It depends on you how to do it and the research to take part in copy trading, but to be honest I don't do this except with my own skills to trade, but in reality it is difficult to make daily profits let alone $ 20, maybe anyone can do it but if you are still asking the possibility that you are still new to copy trading.

[DeathAngel]

I guess you can copy reputable people’s trades but if you’re following people with big Twitter followings they are likely to only show you their big wins. Do they post trades BEFORE they are created or AFTER they are closed? If they are bit accounts then they are probably a lot wealthier than you & can afford to lose on trades. Can you?

Just be aware that a lot of social media crypto accounts are grifters, some of them get paid by exchanges to post etc so are the trades even real?

Just be very aware of what you’re doing & don’t trade with more than you can afford to lose.

[spiker777]

it is possible but also depends on which traders you gonna copy and which platform you using. copy trading need a lot of skills and you need to be constantly online to copy traders in right time. if it gets too late you would end up loosing that buy or sell opportunity.

$20 of $2000 is 1 percent and you want to make it per day i.e. 30% per month which will be $600 out of $2000 in a month.
It's not impossible however the chances are less than 5% to make 30% per month or 1% per day with copy trading.

Good luck though if you find someone to get you make it happen.

30% is possible. but as I said it depends on several things.. if it is done properly he can make $20 per day with $2000 investment.

[LogitechMouse]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Didn't try it yet though I'm thinking of trying it years ago already, I just don't have the funds that I can be used for copytrading.
I saw this copytrading feature on eToro, but never tried it.

I think that copy trading can be profitable depending on the person you are copying with. There are times where the top traders in a particular platform have some bad days as well. As for the OP, 20$ per day might be achievable, but the question is how consistent the trader you will be copying is in terms of profits? There might be times where you can achieve this especially when it's on futures trading, but on a consistent daily basis? I don't think so.

Top traders have good times, and bad times as well, so if you will just go on the easy route, and just copy these traders, and you just sitting there watching Netflix, and not watching charts, chances of you losing your money might be high. Better to just learn trading by yourself, and you might get more than 20$ per day if you became a successful one.

[mindrust]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Depends on the guy you are copying. I personally wouldn't depend on some other guy's trades to make money. What will happen when he starts to make bad trades or sharing trades completely? Either learn to trade or don't trade at all. You don't have to make trades anyway. There are other ways to make money too. Why don't you look for ways to generate passive income instead? You don't have to do anything once you get things going and then maybe do some other job.

[Zaguru12]

And by the way, if someone offers you that return, be suspicious that they are trying to scam you.

By the way, I just noticed that the OP opened a similar thread in the Gambling section:

Can i make 100 $ daily from online casinos

He is determined to make a profit that cannot be made except by a miracle, and much less in a sustained manner over time.

I just read the thread also which simply signifies that OP is looking for a way to earn massively with his $2k. Probably the informations he got from the first thread actually scares him off that gambling it would be a huge risk. The 20$ gain daily is something that is not guaranteed because there are days that there will be loses and days that will result in more profits. If OP seriously wants to learn and earn then it can be realistic to set the percentage gain at 10% monthly. This will help him to make decisions calmly and also learn from those he copy trades from. The best of trading is having your own strategy and not depending on signals.

[KiaKia]

I've used Bitget exchange for copy trading and I was able to make 500$ for the first week and on the second week I started losing money, I was left with 300$ from the first week and I have to quit, the problem with copy trading is you won't know how good the trader is, if you want to do copy trading.   


1. Make sure the trader are well rated, by other people copying his trading.
2. Always use stop loss, have a target you are willing to risk because sometimes trading always go wrong and you will be back to square one.

I think using AI for trading is more convenient than copying others,  you can tell the AI what to do when the market reaches a certain point, mind you it's still possible to lose money with AI but it gets the job down better.

[bettercrypto]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

I don't think I've ever seen anyone testify that those who tried this copy trading made money. Although, I see a lot of influencers who say in their ads that they make a good and big profit from copy trading. But obviously they only said that because they were paid for that advertisement.

       Also, anyone can make money here but most for sure don't either. It's just like gambling, most people lose when playing gambling, it's the same with trading, most people lose all the time and only a few make money unless you are a pro trader. And 20$ a day if your a newbie is not that easy to get it particularly if you are zero knowledge yet in trading here in cryptocurrency.

[bitzizzix]

I think the copy trading strategy is great for those who don't have enough experience or time to make their own investments. But you still need some knowledge of copy trading before doing it, as it helps these players build portfolios and gain reputation. Apart from that, this investment strategy also teaches beginners on the way.
and most importantly you have to do research on the traders that you will imitate and also have to choose traders who are professional and also have a lot of experience and good tracks that are always profitable, so you can also benefit.

[michellee]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

I don't know because I've never tried it. But maybe it depends on the trader you choose because if that trader has a good trading record, he can also bring you good profit. But you should not need to rely on other people in trading and better learn to trade yourself.

And if it can really be obtained, I think people will follow those traders because they really hope to make a profit without doing anything. But if that merchant loses, all those who follow him will also lose. This is a risk you should be aware of.

If you are willing to take the risk, you can try it and share your experience here so we can find out too. But like I said, you better learn to trade so you don't rely on other people. After all, it's your money so why should you risk following someone you don't know?

[inthelongrun]

OP, it is very possible to earn $20 or even more in day trading with a capital of $2k because that is only 1%. The problem however is the consistency. I really doubt it. I did this many times before and sometimes with even less than a 1% daily target but it didn't work out.

Are you busy in life that you cannot study trading? Just learn the basics and then start finding someone you can copy trade on Twitter or Telegram or Tradingview. Avoid paying to day traders offering you copy trades or signals because most of the time it won't work. I also tried paying traders to receive their signals or copy trade because I was also busy with my regular work before so I thought I can have another source of income while free from the stress of analyzing the charts. All of them did not work, there are days that are profitable but there are bad days as well.

[The Cryptovator]

To be honest, I am not well-versed in copy trading. However, I find it highly unlikely that you can make $20 per day with an initial investment of $2000. It's difficult to predict with certainty that you will consistently profit in such a scenario. If the market charts indicate a downward trend, you may end up losing money instead of earning profits. I admit that I may not be fully informed about the specifics of copy trading, as my knowledge on the subject is limited and I haven't conducted thorough research on it.

[panganib999]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

A good chance yes, But I don't think the idea really works per se. Cause once you realize how trading works you'd find that no one really knows jackshit about the market, not even the veteran traders out here know if the market's gonna go up or down or do a sommersault tomorrow. it's all educated guesses, predictions, inferences. No definite answer whatsoever, this isn't to say that trading's easy, cause you still have to study a couple of things in order to make guesses that make sense otherwise you're just blabbering nonsense. So I assure you, if you can make 20 bucks everyday from copytrading (which I know you would, a couple blokes I know make more in a day consistently through short trades), I'm pretty sure given time you'd find that you can do it as well on your own. Takes time and some studying though.

[serjent05]

Is copy trading worth it

It is worth to copy trade when you are copying a genius trader.  So I can say the answer is dependent on who you are copying.  If you copied a trader that do not know what he is doing then you are in for a big loss but if the trader you are copying is a great trader then it is all good.

Can I make 20$ per day if I have 2000$

You can,  $20 is just 1% of your capital and if you have copied a good trader, that would be easy.

OP, it is very possible to earn $20 or even more in day trading with a capital of $2k because that is only 1%. The problem however is the consistency. I really doubt it. I did this many times before and sometimes with even less than a 1% daily target but it didn't work out.

consistency won't be a problem the moment @OP learned the inside and out of trading.  Since he is only aiming for 1% of his trading capital I think it is doable.

[Dr.Bitcoin_Strange]

I have not copied traded before; I was looking at doing that before I got engaged in other activities and totally lost interest in trading, but I have a friend who does. Making 1% on your capital per day is nothing much, but just as the saying goes, "every day is not Christmas." Not every day will you be counting the 1% profit; some days you might not even make any profit at all, and some days you will lose money because the market is always dynamic and no one can predict it 100% accurately. Perhaps the trades you copy are from other traders, so if they encounter losses on their trade for that day, you definitely will too.

In copy trading, those brokers or exchanges that show you trade to copy are doing so based on the analysis of other traders. When they see that a particular trader is actually making more profit in their trade, they will show you those traders, the numbers of trades they have made, and the level of success of the trades they have made, and you will be left with the choice to select the trade you want to copy. What I am saying in essence is that the trade you copy is from other traders, and if they lose in their trades, you will also not make a profit from that day but encounter losses too.

[Issa56]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Why do you want to copy trade? I don't think their is anybody that will assure you that you will be making certain amount of money everyday in trading, am sure only people that are into ponzi scheme will give you that kind of  assurance. In trading their is always profit and lose, sometimes you will make and some times you will lose, so no assurance in trading, don't be deceived by people saying its just 1% of your capital that you can do it, just have it in mind that their is no assurance in trading.

Also why don't you just learn how to trade yourself, if you really want to be making money from trading, their are books you can read and you will learn easily, their are YouTube videos you can watch, I think it will be better than you looking for people to copy their trades. Don't think you can't do it since you don't know anything about it, everyone was once a novice, but you can build yourself gradually to become a professional. I won't encourage you to go for copy trading or trading signals.

[blockman]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Yes, you can make that per day with the amount but do you think that you alone can do that? I haven't done copy trading but based on those that have done it, it's no different from trading alone. You'll get to learn from doing it on your own rather than relying on someone's trade.
You may also regret that you've done copy trading when the trader you've copied isn't doing well and those stats that have been shown are just for the glance upon you've seen it. So, to answer if it's worth it or not. It's worth it if you've done it actually and you've made a decent amount of money from there. But for the majority, you'll hear us say that you better trade on your own and not do copy trading as if you're just letting your money have its results through the hands of other people.

[sheenshane]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

That's possible but of course, there's a risk and also there's no guarantee about it.
But first, choose the reliability of the platform you use that offers a wide range of traders to copy, and consider diversifying your investments across different traders to mitigate risk.  IMO, the eToro exchange platform could be the potential one when it comes to copy trading.

So if you have $2000 and you want to make $20 per day through copy trading, that's possible but still it depends on the performance of the traders you are copying and also the fees charged by the platform.  In short, there are too many factors that you must be considered.

So if you'll try, good luck with your decision.

[Josefjix]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Copy trading is preferred, but it is primarily dependent on the transaction you want to mimic. Not in a hurry to choose, rather settle and take your time to map out the trade that interests you, after all, there are an infinite number of trades to copy from in the market. I would advise you to always choose the one with the fewest losses and the best odds of winning. It's easier to generate $20 a day with $2000 capital if the trade you're copying is profitable. Your winnings for the day will exceed your targets, but keep in mind that not every day will be a lucky day; some days, losses will count; that's how the market works. Even professional traders record trade losses from trades, so yours is not an exception.

[TimeTeller]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Copy trading is preferred, but it is primarily dependent on the transaction you want to mimic. Not in a hurry to choose, rather settle and take your time to map out the trade that interests you, after all, there are an infinite number of trades to copy from in the market. I would advise you to always choose the one with the fewest losses and the best odds of winning. It's easier to generate $20 a day with $2000 capital if the trade you're copying is profitable. Your winnings for the day will exceed your targets, but keep in mind that not every day will be a lucky day; some days, losses will count; that's how the market works. Even professional traders record trade losses from trades, so yours is not an exception.

There are variables to consider when it comes to profitability, the coin or token you are dealing with itself is the main actor here.
If you have no idea with the project you are trading with, the likelihood of losing is very high as you are blindly getting involve.
Much better if you will do your own trading as you can get the grasp of the trading itself.
No one can guarantee that you can profit from copy trading as these traders are also humans who are also prone to mistakes.
They also can't control the trading itself as they are also acting based on their instincts and acquired skills.

[Jody.Drummer]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Yes, you can make that per day with the amount but do you think that you alone can do that? I haven't done copy trading but based on those that have done it, it's no different from trading alone. You'll get to learn from doing it on your own rather than relying on someone's trade.
You may also regret that you've done copy trading when the trader you've copied isn't doing well and those stats that have been shown are just for the glance upon you've seen it. So, to answer if it's worth it or not. It's worth it if you've done it actually and you've made a decent amount of money from there. But for the majority, you'll hear us say that you better trade on your own and not do copy trading as if you're just letting your money have its results through the hands of other people.

There's nothing wrong with trying copy trading, but we have to really think about whether we will regret it if the trades we follow suffer losses. Don't talk about profits yet, because it is clear that our goal in trading is to make a profit. But let's look at the worst possibility of copy trading, which is when you experience a loss. I personally would regret it more if I lost money on other people's analysis, because I didn't know and couldn't learn the reasons that made me suffer losses. Meanwhile, when we trade with the results of our own analysis, at least we know what mistakes we have made when doing the analysis.

[Patrol69]

It is easy to earn 20$ per day from 2000$ but first you need to do trading in the right way. If you don't have enough experience in trading without having a good idea about trading or not trading in the right way, you can lose your money instead of making 20 dollars profit. If you have no prior experience in trading then you can observe the market for some time first and try to get a good idea from the market. If you can get a good idea about the market then trade every day by understanding the market and hope you can get profit according to your target.

[Ziskinberg]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

With that huge amount and you already have a long experience in trading, $20 daily is just a small amount, double or triple it (that is still possible). But just being new in trading, earning daily is even quite hard (and less possible). Honestly, copy trading is usually been advice by most trading promoters saying that it works effectively even without a deep knowledge of this field. But don't dare to believe it as you can't trade and succeed without knowledge of trading even though you are using this strategy. If I were, use only a small amount and try this just to find out if it really works on you, otherwise, stop doing this.

[Awaklara]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

it all depends on the platform as well as the choice of the trader you are going to follow and copy the trades. this is of course risky, a trader who even has a lot of followers cannot be sure that his trade will be successful.
$20 of the $2000 you have, it should be doable. but through copy trading you want, try to find traders who have the ability for it.
somehow you are more interested in copying trades, I do not like it.

[cydrix]

I studied about copy trading to gain a better understanding of it and to see what study was done on it. It seems to be a reasonable approach, but because individuals tend to believe those whose trades they follow, it encourages them to take more risks. I wouldn't say it's a simple and reasonable expectation, though, because nobody can promise any profits, and 1% per day adds up to a significant amount each month. Losses can occur in addition to victories, and maintaining a winning streak is difficult even when emulating an expert. I don't believe it to be true, and for me, the risk outweighs any potential advantages.

[bakasabo]

I will give an example from IRL - imagine you are first time in the gym, or have been visiting it for months, and all of sudden decide to copy training and diet program of a professional bodybuilder. Lifting same weights, eating same food. Can this method be successful? We dont know the past of those who we want to follow or copy trading strategy. Maybe they have special conditions on exchanges due to their trading volume and history. Maybe when we close trade with zero profit, they get 0.1% of profit because of fees. We dont know little about them, so blind copy trading or simple copy trading isnt profitable.

[tvplus006]

Can I make 20$ per day if I have 2000$

I am sure that you are more likely to lose your $2000 than to make a profit. The result of copy trading will depend not only on the correct choice of the trader whose deal will be copied, but also requires proper configuration in your account. And most often this is the reason that your balance will be liquidated very quickly.

[AnonBitCoiner]

Actually every day is not in the favor of a person sometimes you will face loss and in other time you will get profit and if you are involved in copy trading so Just focus that in trading in which you participate is really worthy or will you be able to accept such activities or not so it will be better for you to make beneficial selection.

As you are talking about 20$ per day so everyday profit is not possible may be you win regularly 3 or 4 days but on 5th day may be you loss money so its depends on market situations and if a person thinks that everyday he will gain profit but will never loss money so he is wrong and this behavior will disappointed him.

[Hamza2424]

Hahahaha, Op has $2K and he is talking abut making just 20$ out of it I would say you are a failed trader if you cant make a 5% to 10% a week with your trading strategies, on such cases, you need to upgrade your understanding with the market and learn more.

Answering the Op's Question Copy trading can be good but I think students should avoid it if you have a lot of money to spend then you can try it out because if you follow a good person who really understands the market you can make some good profits by doing nothing. Watch out it is a lot of risk because you are handing over your money to an unknown guy. I am living in Pakistan and here a crypto public figure Waqar Zaka is followed by may students they tried copy trading with him and as I said it risky more risky then you think. He took some wrong trades in the Volatile market and all of the students lost their funds he said he didn't force them and that right too but its smelled of manipulation. His clarification was too odd.

[Faisal2202]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Well, that depends on the person whose trades you are going to copy because not one trader can make profits daily, sometimes the market has surprises for you that you don't like but you have to accept them. If you are following a high-class trader then it will definitely going to cost you because free traders might make you money but not daily and not 20$ per day even if you have 5 grand.

And for your first query, Yes, Copy trading is worth it, even the signals that are shared in TG groups (VIP Ones or Paid ones) also come into the category of copying trade, but that is different from copy trading on exchanges because some exchanges or third-party apps use Automatic system to make trades once you followed someone with some strategic details (or allow money in a strategic way) then you can definitely make some money which definitely worth it.

[Sanitough]

$20 of $2000 is 1 percent and you want to make it per day i.e. 30% per month which will be $600 out of $2000 in a month.
It's not impossible however the chances are less than 5% to make 30% per month or 1% per day with copy trading.

Good luck though if you find someone to get you make it happen.

Do you think we can succeed just by parasitizing others? If making money had become so easy, we wouldn't all have to work so hard just to make a few dollars a day. It sounds easy, but to be honest, I have not seen a trader regularly make more than 30% profit every month without loss.
If you want to make money from trading, it's best to learn everything yourself and be responsible for your own money. There is no guarantee that you will win when trading on your own, but at least you will gain experience and knowledge. Better to lose money by copying someone else's and learning nothing for yourself.

Trading may be a profitable source of income but know that it’s not a sustainable one. One day you may win and take profits, but the next day you will lose and used up your capital. And never expect for fixed amount of income as trading won’t do that for you. But you can always learn to avoid and reduce your losses by honing your skills and strategies in trading, and not by simply copying trading strategies from other skilled traders.

[Vaculin]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Copy trading cannot guarantee profit making. Even if you copy trades from professional traders, that won't mean that since those trading strategies work for them, then they will also work for you. Also, trading is never capable for daily profits. Though it can be a good side hustle but never expect that you will gain quick profits in trading. The ability to be profitable in trading depends on the trader itself but trading itself has its own process and depends much on the market behavior which will signify if your market trades will succeed or not.

[milewilda]

$20 of $2000 is 1 percent and you want to make it per day i.e. 30% per month which will be $600 out of $2000 in a month.
It's not impossible however the chances are less than 5% to make 30% per month or 1% per day with copy trading.

Good luck though if you find someone to get you make it happen.

Do you think we can succeed just by parasitizing others? If making money had become so easy, we wouldn't all have to work so hard just to make a few dollars a day. It sounds easy, but to be honest, I have not seen a trader regularly make more than 30% profit every month without loss.
If you want to make money from trading, it's best to learn everything yourself and be responsible for your own money. There is no guarantee that you will win when trading on your own, but at least you will gain experience and knowledge. Better to lose money by copying someone else's and learning nothing for yourself.

Trading may be a profitable source of income but know that it’s not a sustainable one. One day you may win and take profits, but the next day you will lose and used up your capital. And never expect for fixed amount of income as trading won’t do that for you. But you can always learn to avoid and reduce your losses by honing your skills and strategies in trading, and not by simply copying trading strategies from other skilled traders.

Not really that sustainable because it would really be having lots of factors which could really affect out your profitability and this is something that you should consider out or having that realistic approach.
If you are that someone who does have plans on following up someone and risking your $2000 and just earning $20 per day which is something plays about 1%/day then its not something that hard or simply
being that attainable or achievable by someone whom you do been copying on but come on mind that not all days that it would really be a profitable one, since this market is really that unpredictable.
You could potentially losing up more that $20 depending on the position that you had made out. There would be no assurance if we do speak about profitability because everything would really be
depending or basing up on the market condition and on how well a certain trader would really be going with the flow and its not something that you would really be able to predict
from time to time.

[Woodie]

Is copy trading worth it

Well if you have multiple accounts with different brokers, copy trading saves you the time from entering individual  trades from all your accounts manually , and prevents missing of trades in volatile times ,btw other services out there allow you to copy trades from profitable traders but you will have to be some kind of subscribed member...but over copy trading is worthwhile.

Can I make 20$ per day if I have 2000$

All I can say is you wont get trading setups that meet your criteria on a daily basis unless you want to force trades, so no...not everyday is going to be a  rainy day!

[Fivestar4everMVP]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Copy trading can still be profitably, but I strongly advice against it, better to learn how to trade yourself than depend solely on somebody else.
And for the record, I personally do not think it's possible to make a consistent $20 dollar profit every day on your trade through copy trading, maybe you have better chance of making such amount every day, if you are trading the market your self.

So the long and short of everything is that, it's better you take out the time and train yourself, copy trading is not ideal for serious minded Persons or trades.

[taufik123]

Can I make 20$ per day if I have 2000$

All I can say is you wont get trading setups that meet your criteria on a daily basis unless you want to force trades, so no...not everyday is going to be a  rainy day!

Some trading settings must be changed to follow the current market trend and the management of the use of funds to be traded also determines how much profit will be taken. But there will not be profits to be made every day.
I remember some copy trading bots that initially gave a good profit, but then when the crypto market was crashing everything became chaotic and there were even some losses in each order.

-snip-
So the long and short of everything is that, it's better you take out the time and train yourself, copy trading is not ideal for serious minded Persons or trades.

It would be better than just relying on the help of others or copy trading, which actually does not provide any knowledge.
It's like a lazy person who just wants to make a profit without thinking and analyzing.

[Strongkored]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

It seems very simple, only 1% of the profit margin is targeted per day of the capital you use in trading, but traders will not use the entire capital they have in one trade as it is done to anticipate if the market turns in direction, so they will usually only use about 20% of capital that traders deposit to the exchange. So the goal is to stay at 1% margin of profit or the amount of profit in fiat, if the target is to remain in a percentage not in the amount fiat then how much capital you use no matter only profit will obviously depend on its modality, and that you should know no routine profit you can be traded even with only 1% margin profit in crypto because the market is often unexpected, and if it is a copy trade just have to be careful enough to choose lead traders by paying attention to their trading statistics as a picture of whether he is good enough to be a leader in your copy trader.
Copy trading can be profitable that’s why the exchange holds this feature but depends heavily on your lead trades.

[Kasabus]

I read about copy trading to understand it better and to see what research is available about it. It seems to be an okay method, but it increases the risk-taking among people because they tend to trust those whose trades they copy. But nobody can guarantee any profits, and 1% per day adds up to quite a lot per month, so I wouldn't say it's an easy and reasonable expectation. Apart from wins, there can also be losses, and consistent winning is the hard part, even if it's copying someone who is supposedly good at this. I don't think it's real, and the risk outweighs the potential benefits for me.

Copy trading is not really a bad idea as you can make your trades more profitable once you determine the right trader to copy. However, even if you copy those trades from a veteran trader, know that the market is changeable and its conditions vary most of the time, so that makes your trades not guaranteed to succeed. And I don’t think copy trading will create more advantages on a beginner trader for long term, knowing that trader will no longer have the chance to develop his own skills and strategies that may work in trading.

[bakasabo]

I think with budget of $2k, it is easier to make $20 from gambling, than doing copy trading. It is like winning few 1.01 odds after going all-in, and than focus more on placing more risky odds. Actually, those $20, which is only 1%, is quite an easy goal to achieve. I think nearly any trade of altcoin is capable to give 1% profit.

Sad story, OP posting consist mostly from "getting $ daily after doing something", and the amount he wants to earn daily always decreases. He has started from asking if it is possible to get $100 daily from gambling/trading, to $20 daily from copy trading. Seems to be an unlucky guy...

[jeraldskie11]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

It is really possible to earn a $20 daily with $2000 capital because it only needs 1% price increase and you can earn your ideal target. Even though $20 only need 1% to be able to get, the market is not always go to the direction your want. If the price goes against you, it's better to set a stop loss because there are some cases in the market that there is a massive dump which is your $2000 capital can be liquidated. That's why when you enter in world of trading, you need to have some expertise in the market to get that consistency of $20 a day.

[durop77]

Copyright is a difficult job that requires perseverance and spends a lot of time. With minimal additions, it is possible to get income quickly if you are very efficient and ready to work.

[CarnagexD]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

if it's signal trading, then make sure you subscribe to one that is reputable and will not scam you. I would suggest that you apply that $2000 for funded challenge like FTMO, Fundednext, MFF and grow that capital. If you pass that challenge, investors will give you account to manage.
If it 20$ per day, It could be in terms of average, because you cannot trade every single day. It's unreasonable. Every day is not a high probability. Still, it's your money, so risk what you can only afford to lose.

[Baoo]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

To be honest, I don’t encourage traders to do copy trading, no offense but it is idiotic in my opinion. For me, I would rather work hard and run around like a headless chicken instead of getting easy money without any effort added. Regarding your trading goal OP, of course you could easily earn $20 per day due to your capital is pretty acceptable. In fact,  $20 is too low comparing to $2000. You are able to make more profit but to begin with, you should acquire a knowledge of trading and become competent in this this field. Well, it may take time to be achieved but absolutely worth it. In conclusion, feed your mind with education before getting started, otherwise you will end up losing all $2000. Wish you best of luck.

[inthelongrun]

OP, it is very possible to earn $20 or even more in day trading with a capital of $2k because that is only 1%. The problem however is the consistency. I really doubt it. I did this many times before and sometimes with even less than a 1% daily target but it didn't work out.

consistency won't be a problem the moment @OP learned the inside and out of trading.  Since he is only aiming for 1% of his trading capital I think it is doable.

But what is the real secret of knowing the inside and out of trading? Maybe you can share it here so OP will learn it? Of course, I also need to know, I tried many strategies before and they did not work for long. So I thought strategies will only work for some time and then traders need to develop another strategy to gain from the market.

I remember when I tried to increase my daily trading capital to $10k so I can target a net profit of at least 0.50% daily. And even with that very small target, I failed to become consistent. And after trying to make more strategies to earn from the market including not putting a stop loss, I end up losing nearly 50% of my capital before I stopped day trading once again.

Or maybe trading is not for me. So I might just again try copy trading in crypto but I want it free this time or at least free in the first few days or weeks to test if it works. I hope OP will make an update if ever he is able to find a consistent trader he can copy trade.

[SOKO-DEKE]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Even though 20 dollars may seem like a little profit to get from a daily investment of 2000 dollars, I don't think there is any assurance that traders will always earn profits because markets may occasionally no go the way they may planned it, regardless of how adept they may be at forecasting future trends.In fact, I will never advise anyone to engage in copy trading  especially newbies because nobody is perfect and someone's first attempt may even result in losing. Instead of being desperate to make money quickly by engaging in copy trading, let's try to find time to  learn how to trade and able to trade independently instead of blindly copying other traders.

[darewaller]

OP, it is very possible to earn $20 or even more in day trading with a capital of $2k because that is only 1%. The problem however is the consistency. I really doubt it. I did this many times before and sometimes with even less than a 1% daily target but it didn't work out.

Are you busy in life that you cannot study trading? Just learn the basics and then start finding someone you can copy trade on Twitter or Telegram or Tradingview. Avoid paying to day traders offering you copy trades or signals because most of the time it won't work.

You did what? Copy trading? Or you are the ones who trade on your own? Maybe you aren't really good in trading, that is why you are struggling to make a good income but if we are only going to copy a trader especially a really good one then they might make us consistent profit. The only way to find out is to try.

It's not that he is busy but maybe he is only lazy or find it hard to learn on his own because you know, trading is not an easy activity but it requires a good head and a lot of patience. Twitter is a social media and telegram is a messaging app, also known as scammers den. I will go for tradingview when it comes to trading matters.

[Questat]

Definitely can, but the question is different - how zholgo? If this strategy was profitable now, will it be so later? There is no definite answer, and it is important to understand that copying may not answer this question.

And it was very important also to understand that copy trading can't assure you profit as well as it depends on the market situation and the trader.
Honestly, it was difficult to assume that we can make daily profit in trading when we are new. Many people have done copy trading as it was been promoted by some influencers but sadly to know that most of them had failed from their expectations. Yes, copy trading is not the answer and it can be suggested for beginners as a sort of trading experience but if we wanted to succeed, must work on our own.

[jeraldskie11]

Definitely can, but the question is different - how zholgo? If this strategy was profitable now, will it be so later? There is no definite answer, and it is important to understand that copying may not answer this question.

If they believe their strategy is not functioning well, they will improve it to raise their chances of winning. Master traders don't want to lose because they use their own money, therefore you won't have to worry about them losing your money. They are working hard to make their trades successful. However, it is very different if you trade your own money, but if you don't have the time to do so, copy trading is the greatest alternative for me. Just be certain that the trader you select was really profitable.

[GeorgeJohn]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

I want to start in the aspect of coping trade, you coping trade don't you know that coping a trade can lead you into advantages and disadvantages, it might be that the person copies your trade might fall as the person said, because I want you guys to understand that what makes me to propagate in aspect of trading might have to another person positively or negatively, it depends on your understanding.

[Mahanton]

OP, it is very possible to earn $20 or even more in day trading with a capital of $2k because that is only 1%. The problem however is the consistency. I really doubt it. I did this many times before and sometimes with even less than a 1% daily target but it didn't work out.

Are you busy in life that you cannot study trading? Just learn the basics and then start finding someone you can copy trade on Twitter or Telegram or Tradingview. Avoid paying to day traders offering you copy trades or signals because most of the time it won't work.

You did what? Copy trading? Or you are the ones who trade on your own? Maybe you aren't really good in trading, that is why you are struggling to make a good income but if we are only going to copy a trader especially a really good one then they might make us consistent profit. The only way to find out is to try.

It's not that he is busy but maybe he is only lazy or find it hard to learn on his own because you know, trading is not an easy activity but it requires a good head and a lot of patience. Twitter is a social media and telegram is a messaging app, also known as scammers den. I will go for tradingview when it comes to trading matters.

Finding out whether you are profitable on following someone is something that you could answer on your own because we would be following into someone who would be likely on the top of the charts in speaking about profitability and overall statistics. The question is, could we be possibly be profitable? Yes and No and there's only two possible answers to that but in speaking about long term aspect and if you are really that heavily
reliant into a specific trader to handle or follow your trading positions then it would really be that a total disaster if ever he would stop. Would you find another trader to patch up the spot or you would be minding
to make yourself able to have your own trading strategies and ways or something that called analysis with your trades? Its up to someones preference because not all would really be having the time but
in speaking about capital or investment then it isnt really just that ideal that you would really be that be relying into those traders considering that we are just all speculators on this market.

[Twentyonepaylots]

Definitely can, but the question is different - how zholgo? If this strategy was profitable now, will it be so later? There is no definite answer, and it is important to understand that copying may not answer this question.

If they believe their strategy is not functioning well, they will improve it to raise their chances of winning. Master traders don't want to lose because they use their own money, therefore you won't have to worry about them losing your money. They are working hard to make their trades successful. However, it is very different if you trade your own money, but if you don't have the time to do so, copy trading is the greatest alternative for me. Just be certain that the trader you select was really profitable.

Agree with these since as long as you know and really assess the historical trades of someone you whom would copy its trading styles and techniques, you can be at good hands and have a good result in the end. It is true that since their money is at risk at this trading, you can have some guarantee that they would really be analyzing their moves so that they can gain more in trading. So, it is possible to gain profit on it but you personally should have your own takes on this trading since you can have a decision to follow or not follow their trades. Just know that it is also a risk to copy trade and you should always agree that you can afford what you invest in this since nothing is guaranteed in the end.

[Texac]

It's not that he is busy but maybe he is only lazy or find it hard to learn on his own because you know, trading is not an easy activity but it requires a good head and a lot of patience. Twitter is a social media and telegram is a messaging app, also known as scammers den. I will go for tradingview when it comes to trading matters.

Nothing sting like the truth, I also believe that people who say they are too busy and don't have time to learn about trading are lying. they feel it's too hard, they can't make money from it on their own, and they make the excuse of being too busy to seek help from others.  they go to work to make money and trade also to make money, maybe even earn more than their main job if they know how to trade. So there is no excuse for not having time, all just excuses for their laziness.

[macson]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Copy trading cannot guarantee profit making. Even if you copy trades from professional traders, that won't mean that since those trading strategies work for them, then they will also work for you. Also, trading is never capable for daily profits. Though it can be a good side hustle but never expect that you will gain quick profits in trading. The ability to be profitable in trading depends on the trader itself but trading itself has its own process and depends much on the market behavior which will signify if your market trades will succeed or not.

does not guarantee profit does not mean it is unprofitable, out there there are many traders who make big profits just by copying trading but they don't randomly choose the traer they will follow, it takes several weeks of observation to determine whether the trader is making profits stably or fluctuating.

OP could have made $20/day with that much capital, it's just that he has to follow many traders because each trader has different capital.  Apart from that, the choice of exchange to use is also quite important, what is highly recommended for copy traders is binance and etoro ^{(i've tried several times but take a break for now)}

one more thing, for anyone who wants to try to become a copy trader, you must slowly learn about trading techniques so that you are not constantly dependent on other traders and can start trading with your own thoughts and decisions.

[freedomgo]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Copy trading is worth it if you are copying from a successful trader. But always know that it won’t be good for you in the long run since you become dependent on other trader while making yourself know nothing when it comes into your own trading. Sometimes, it’s also good to trade and commit some losses and mistakes because that will help you to learn on your own. Also, trading never guarantees profits daily. There are times you may be profitable, but there are times too wherein you will ruin your trades and become unsuccessful. That’s how trading works in reality.

[Kelvinid]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Copy trading is worth it if you are copying from a successful trader. But always know that it won’t be good for you in the long run since you become dependent on other trader and making yourself know nothing when it comes into your own trading.

Perhaps, copy trading has been promoted online by many influencers to encourage people to try trading. Well, of course, it was good for beginners and I would say if make you profitable as well. But you are right mate, it won't make you successful in the long run and nobody will give you such a feature. Like if we wanted to improve and enhance our trades, we have to urge ourselves to learn our own and make our strategies as well.
For me, copy trading is just a stepping stone for us newbies to grow up and learn trading with the help of others but of course, we also need to stand on our own and make our journey personally.

[Rupok]

I don't like copy trade at all, copy trading has high chance of loss.  Copy trading cannot be done entirely depending on others.  In order to trade, you must know something about yourself.  There is no guarantee that the person you copy trading knows how to trade well.Copy trading strategy is great for those who are new to trading and know nothing about training. Successful investors have enough experience to make their own investments.With a capital of 2k you can make $20 or more in day trading as well as potentially lose.  Everything is uncertain in trading so there is no way to say for certain how much you will profit or how much you will lose.

[Cryptmuster]

Perhaps, copy trading has been promoted online by many influencers to encourage people to try trading. Well, of course, it was good for beginners and I would say if make you profitable as well. But you are right mate, it won't make you successful in the long run and nobody will give you such a feature. Like if we wanted to improve and enhance our trades, we have to urge ourselves to learn our own and make our strategies as well.
For me, copy trading is just a stepping stone for us newbies to grow up and learn trading with the help of others but of course, we also need to stand on our own and make our journey personally.

For me, copy trading is just a waste of time because it doesn't teach you anything new and it doesn't always mean that you can make a profit by copying someone else's trades, because they can also be unprofitable. Also in trading, you need to find your comfortable trading rhythm and understand for yourself what is best for you, day trading, or possibly medium-term trading, and so on, and if you just copy someone, you will not be able to understand this. Well, by copying someone's transactions, you can also lose your trading deposit, so I don't see the point of this.

[Tony116]

Definitely can, but the question is different - how zholgo? If this strategy was profitable now, will it be so later? There is no definite answer, and it is important to understand that copying may not answer this question.

If they believe their strategy is not functioning well, they will improve it to raise their chances of winning. Master traders don't want to lose because they use their own money, therefore you won't have to worry about them losing your money. They are working hard to make their trades successful. However, it is very different if you trade your own money, but if you don't have the time to do so, copy trading is the greatest alternative for me. Just be certain that the trader you select was really profitable.

The reason there is copy trading is also because many people do not know how to trade but want to make money from it, it can be said that it is human needs that have created the concept of copying trading. Theoretically, that could also be considered a solution, but I want to ask, can you find a trader who consistently makes profits without losing? And have you seen anyone succeed with copy trading?

Honestly, once we want to succeed, we should rely on ourselves because there is no such thing as success when we depend on someone. Especially with an unpredictable market like cryptocurrencies.

[Sexylizzy2813]

Copy trading to me is for someone who hasn't been in any line of business that's profitable, with time of following same step as others the long awaiting profits will come with new ideas. I mean when you don't have any ideas, you lack the time to do any trading on your own, you just have to follow in that part of copy trading, at least you engage yourself on something per say.
Whenever an individual involves in copy trading they sometimes forget about the risk but always remember the profitable side of it. IMO it's good to copy trade but is best to also apply a strategy to improve the business.

[goldkingcoiner]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Depends on who you are copying. If you are copying some amateur, you will lose your money more quickly than if you would simply risk trading by yourself. If you were to follow a famous trader who knows what he is doing, you might find yourself profiting quite nicely.  But personally, I would not trust anyone else with my trading. If you do not do your own research and do not follow your own strategies, then you are merely gambling your money by leaving it in the hands of someone else.

Learn trading first, learn how to do your research, make your own strategies. Don't be lazy. Especially when it comes to your finances.

Free cheese can only be found in a mouse trap.

[Huppercase]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

You asked big question without providing much details to your question because I don't know how you plan to gain $2000 from copying trades from other experience traders. You can earn such amount from copy trading with a large capital, with a $10k capital, a trade of 20% is enough to give you that profit but I am not sure if you have that amount of money in your wallet or trading wallet. I don't like it when traders do copy trading but one thing about copy trading is that they are very profitable during the bull run, or when the market is very bullish, few calls would change your life but they are very risky in a bear market.

[ethereumhunter]

Copy trading to me is for someone who hasn't been in any line of business that's profitable, with time of following same step as others the long awaiting profits will come with new ideas. I mean when you don't have any ideas, you lack the time to do any trading on your own, you just have to follow in that part of copy trading, at least you engage yourself on something per say.
Whenever an individual involves in copy trading they sometimes forget about the risk but always remember the profitable side of it. IMO it's good to copy trade but is best to also apply a strategy to improve the business.

But if he doesn't learn about trading and copies other people's trades, I'm afraid he will find it difficult to profit because we also have to choose the trader while we need to check his trading record. We can't directly copy other people's trades without knowing how he trades and that's the same as we just leave the fate of our money to him. If he loses, we also lose.

And the risk of losing that money will be there but the biggest downside is that you will never have any trading experience. And even if you trade alone and take a loss, it will still be useful because you can learn from those losses and how to anticipate them.

[Finestream]

Definitely can, but the question is different - how zholgo? If this strategy was profitable now, will it be so later? There is no definite answer, and it is important to understand that copying may not answer this question.

And it was very important also to understand that copy trading can't assure you profit as well as it depends on the market situation and the trader.
Honestly, it was difficult to assume that we can make daily profit in trading when we are new. Many people have done copy trading as it was been promoted by some influencers but sadly to know that most of them had failed from their expectations. Yes, copy trading is not the answer and it can be suggested for beginners as a sort of trading experience but if we wanted to succeed, must work on our own.

Copy trading might be somehow profitable but not for long term use. And you can really gain an income if  you trade successfully but the problem is you can’t tell if you can win your trades each time you trade. The reason why copy trading should not be encouraged because being dependent to it makes you less of a trader. You cannot grown on your own and you can’t develop your own working strategies out from your losses experienced from trading. It’s good if the market behavior remains the same and you can make profits everyday, but certainly it’s not. That’s why you have to hone your trading skills so that even if the market condition got worst, you still find ways on how to make your trades profitable.

[borovichok]

Copy trading might be somehow profitable but not for long term use. And you can really gain an income if  you trade successfully but the problem is you can’t tell if you can win your trades each time you trade. The reason why copy trading should not be encouraged because being dependent to it makes you less of a trader. You cannot grown on your own and you can’t develop your own working strategies out from your losses experienced from trading. It’s good if the market behavior remains the same and you can make profits everyday, but certainly it’s not. That’s why you have to hone your trading skills so that even if the market condition got worst, you still find ways on how to make your trades profitable.

Creating your own trading strategy works better since it allows a trader to be independent and make decisions without leaning on any whale or pro trader in the market. copy trading is not what we consider to do because there are traders out there who don't have the time to settle down and trade, they're all about their daily activities and just execute copy trades to avoid knowing about the market's functioning properly. A trader will never advance if he or she does not devote time to learning the fundamentals, technicals and obtaining a thorough understanding of the volatile market. 

[irhact]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Your expectations are very low so yes you can make $20 a day which is just 1% of your capital although there's no guarantee that the profits will be daily since the market volatility can make a trade that you have carefully study go against you. Meanwhile you're just following someone you don't know how good they're and only believing they'll give you profits. The profits could come for sometime but what happens when the trade begin been unprofitable.

If you have $2k capital, use some amount to learn trading yourself. It won't take you more than one or three months to become familiar with the market so you can trade on your own. When you trade personally, you give yourself more advantage as you gain experience.

[Dr.Osh]

if you target it monthly, like making $600 a month with $2000, then it's possible. in fact, some cases I get that they can make more than $ 1k or $ 2k when they are really good at doing analysis and speculation. However, it all depends on how skilled you are in trading. There is also a risk of getting a loss, but I suggest not targeting daily income, but monthly. targets like that will be easier to manage than every day. it will confuse you later.

[xSkylarx]

I haven't tried copy trading, but that is possible, but it is not stable. You can earn that amount on this day, but tomorrow you lose the same amount. Also, the trader you'll copy should have a good track record. Still, I don't recommend copy trading because you don't have control over trades; you only have control over your funds, and you also don't know why the trades took place. It is better to do it your own way because we don't know when traders in the future will be gone.

[jeraldskie11]

Definitely can, but the question is different - how zholgo? If this strategy was profitable now, will it be so later? There is no definite answer, and it is important to understand that copying may not answer this question.

If they believe their strategy is not functioning well, they will improve it to raise their chances of winning. Master traders don't want to lose because they use their own money, therefore you won't have to worry about them losing your money. They are working hard to make their trades successful. However, it is very different if you trade your own money, but if you don't have the time to do so, copy trading is the greatest alternative for me. Just be certain that the trader you select was really profitable.

The reason there is copy trading is also because many people do not know how to trade but want to make money from it, it can be said that it is human needs that have created the concept of copying trading. Theoretically, that could also be considered a solution, but I want to ask, can you find a trader who consistently makes profits without losing? And have you seen anyone succeed with copy trading?

Honestly, once we want to succeed, we should rely on ourselves because there is no such thing as success when we depend on someone. Especially with an unpredictable market like cryptocurrencies.

It's easy to spot a trader if he is really consistent in winning. You can see it just by looking at their winrate and their number of trades. If they have a 100 trades with 70% winrate, you can still say that they are consistent and profitable in trading because in every 10 trades they win 7 trades. Yes, I have seen someone before who's really profitable in copytrading because he provided us a proof but I don't think if he's still profitable today.

I agree, we don't rely our success to others but we can make them our motivation to succeed.

[Natalim]

I haven't tried copy trading, but that is possible, but it is not stable. You can earn that amount on this day, but tomorrow you lose the same amount. Also, the trader you'll copy should have a good track record. Still, I don't recommend copy trading because you don't have control over trades; you only have control over your funds, and you also don't know why the trades took place. It is better to do it your own way because we don't know when traders in the future will be gone.

Just like any trading strategy, copy trading never works perfectly or something to say it was really efficient in earning a profit. Because the market is absolutely unpredictable and also it depends on the trader.
I have tried copy trading in the past but later on, I quit and make my one strategy because I was not really comfortable always relying on others when we can do it the same or even better. Well, I would say copy trading is good for newbies but I won't suggest just staying there otherwise, our success is limited.

[AicecreaME]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

I'm afraid not.

Copy trading is all about copying traders who does have high percentage of winning, meaning, their trade might not match your $2000 fund, and your $2000 could be gone instantly if their liquidation price is much lower or higher than yours, depending on what kind of trade they are going for. It's much better if you're gonna trade on your own, it's profitable in the long run if you're really willing to learn trading without crumbling because your emotions say so.

[Litzki1990]

Money is no factor when it comes to trading profitably. It is possible to profit from trading if you know the right method and rules of trading. Trading is directly related to money ie our money is involved so before deciding to trade you must first confirm how much you know about trading. If you have a specific idea about trading, if you cannot observe the target properly, then it is better not to risk your money by trading with money. So before deciding money in trading first get enough understanding about trading and try to know when you can get enough understanding about trading then investing $2000 and earning $20 will not be difficult for you.

[Tony116]

Definitely can, but the question is different - how zholgo? If this strategy was profitable now, will it be so later? There is no definite answer, and it is important to understand that copying may not answer this question.

If they believe their strategy is not functioning well, they will improve it to raise their chances of winning. Master traders don't want to lose because they use their own money, therefore you won't have to worry about them losing your money. They are working hard to make their trades successful. However, it is very different if you trade your own money, but if you don't have the time to do so, copy trading is the greatest alternative for me. Just be certain that the trader you select was really profitable.

The reason there is copy trading is also because many people do not know how to trade but want to make money from it, it can be said that it is human needs that have created the concept of copying trading. Theoretically, that could also be considered a solution, but I want to ask, can you find a trader who consistently makes profits without losing? And have you seen anyone succeed with copy trading?

Honestly, once we want to succeed, we should rely on ourselves because there is no such thing as success when we depend on someone. Especially with an unpredictable market like cryptocurrencies.

It's easy to spot a trader if he is really consistent in winning. You can see it just by looking at their winrate and their number of trades. If they have a 100 trades with 70% winrate, you can still say that they are consistent and profitable in trading because in every 10 trades they win 7 trades. Yes, I have seen someone before who's really profitable in copytrading because he provided us a proof but I don't think if he's still profitable today.

I agree, we don't rely our success to others but we can make them our motivation to succeed.

If it's that simple, I mean if everyone uses the way you say it. All will choose the trader with the highest win rate to copy. So no one will lose money in the market? I have never tried copy trading because I believe that making money is never so easy, the easier money is to earn, the higher the risk. Another thing is, do you agree with me that the people who are really good at making money from trading they will never show up or flaunt to create big attention? Most will keep quiet and focus on expertise because making money with them is quite easy, they won't need commission from sharing to everyone. Like the people who create the group of trading signals, most of them are scammers who take other people's money because they don't make their own profits.

[Bitcoin_people]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

If you are thinking of making your daily income by trading then it might be great. Because if you have $2k and trade with it, you will get more that $20 profit every day. But if you want to make profit in your trading day to day then you must adopt some strategies which are the right way to trade. Since you have made a decision that you will earn $20 per day by trading, you need to acquire a good knowledge of the market properly. And if you don't have a good analysis of the market, you will have a very risky and future crowding potential for your path. So you need to acquire enough knowledge and skills but you will be able to profit from $2000 to $20.

[Nrcewker]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Nothing is impossible in the world. You can surely make 20$ per day, if you have that determination and courage to do it. It doesn’t matter what type of trading you do. You need to remember that the amount of profit you want to make, will come only in your pocket, if you are willing to take equivalent amount of risk for that profit. Copy trading is good, when you have good source to copy the signals. But if you choose a wrong trader then definitely no one can save you from getting into losses.

[Bushdark]

if you target it monthly, like making $600 a month with $2000, then it's possible. in fact, some cases I get that they can make more than $ 1k or $ 2k when they are really good at doing analysis and speculation. However, it all depends on how skilled you are in trading. There is also a risk of getting a loss, but I suggest not targeting daily income, but monthly. targets like that will be easier to manage than every day. it will confuse you later.

When you are a good trader and understand the market very well, and you choose to copy trade, then you are going to make a good profits from the market because you clearly understand how the market works. This will enhance you to add some little strategy into what  you are doing to make a bigger profits.There are people that are in the market trading every single day and always make good profits before leaving the market. If you know how to do something very well and you seek more help from people around you, then you are liable to make money profits by taking a look at how they do there thing and there working strategies.

[Viscore]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Yes, it can be profitable as long as you copy trade from a successful trader. But never expect that you can be making consistent profits out from copy trading. Though it’s really possible that you can make $20 but not in a daily basis seeing you can’t be profitable everyday because of the high changing market condition. There are times that even if you trade with high expertise and skills, once the market is not suitable to trade, then your trades will always end up as a loss since the market does not favor your trades.

[goaldigger]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

There’s a chance to make profit from this only if you have a reliable source or a group of people who shares the right knowledge, but then again $20 profit everyday for a day trader can be easily achieve on your own, you just need to study the market and how trading works on your own timeline. You have a pretty good capital to start with and you are just aiming for less everyday, its possible but make sure to not expect that much everyday, you must commit to this to avoid being liquidated.

[Captain Corporate]

As everyone else said, it depends on who you copy. Most of the time copy trading is just following someone else and it is true that there are other people who are good at trading, not like everyone can be terrible at it, so that means there must be at least a few people who are good at what they do. However, I also believe that you need to be very careful with who you are copying because there are thousands of them out there and some of them are terrible. Just because one person makes a good profit for the last 30 days, doesn't mean they will do that for the next 30 days neither, so you need to look at a greater sample size and how they did even on bad markets. If you can find someone better than others, then testing it out with a small amount of money could be a decent idea.

[Botnake]

I believe it depends on which trading account that you want to copy and do your research first for the people that you want to copy their trading.
Btw which website that you use for copy trading?

Of course, you shouldn’t be easily copy trading if you are not seeing that trader is making an exceptional amount of profits. But unfortunately, if you continue to copy trade, you are not growing on your own as a trader. Relying to other trades is not advisable because if they lose their trades, you will also end up losing your trades too. And worst is, if they have stopped trading for good, then how would you continue trading when you didn’t even care to learn trading on your own.

[Russlenat]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Yes, it’s worth the money provided that you copy trade from a professional trader. Because if they can be consistent in their profits, you will also experience the same. However, if you don’t care to improve your craft because you became dependent to others, then how would you be sustainable in trading if you start trading using your own expertise? I think that will be very impossible if you keep on relying to other trades. Trading is not an avenue to be dependent from others, but it’s an avenue where you can improve your knowledge and hone your skills and expertise based from your own experiences, and not from other traders losses and mistakes.

[DoublerHunter]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Yes, it’s worth the money.
~snip~

^Definitely right.
Having access to reliable sources and a community of knowledgeable individuals can increase the chances of making profits through copy trading. But keep in mind that as a day trader, it is possible to achieve $20 in profit per day by studying the market and understanding how trading works at your own pace. That is very risky to have a solid understanding of the market dynamics and develop your trading skills.
While aiming for consistent profits is desirable, it is important to manage expectations and avoid relying solely on daily profit targets. The market can be volatile, and it is very risky to commit to trading responsibly to avoid being liquidated. Starting with decent capital is advantageous, but it is important to focus on building your skills and knowledge rather than expecting high returns every day. Consistency and long-term investment are key to sustainable success in trading.

[Mr.right85]

Is copy trading worth it

Can I make 20$ per day if I have 2000$

Maybe for those who use this for a strategy as I don't and so, I cat say but, I can't find it to be productive or lucrative as it would be when you've hot your own thing going.
Making mistakes and taking corrections for every mistakes made.

When copy trading, you depend completely on the signallers insight and chat realise when there is a mistake and take proper steps to mitigate adversity. It's just going to hit you and you can't spot what went wrong because you don't no nothing of why your in the trade or position your in.

It's just a confused way to follow.

[noormcs5]

I haven't tried copy trading, but that is possible, but it is not stable. You can earn that amount on this day, but tomorrow you lose the same amount. Also, the trader you'll copy should have a good track record. Still, I don't recommend copy trading because you don't have control over trades; you only have control over your funds, and you also don't know why the trades took place. It is better to do it your own way because we don't know when traders in the future will be gone.

Copy trading is not easy as it seems because you have to manage the portfolio yourself. You can only copy the trades but how much to invest in each trade is your own call.

Although copy trading feature is introduced by few of the exchanges but I will still recommend that we should learn to trade ourself and not depend on other people trades.

Previously people used to follow the signals and now those signal providers are providing the copy trades services. Anyways it is my opinion to learn and trade yourself and not become a copy trador.