What are the benefits of copy trading

[nantes980]

Copy trading has several benefits — especially for beginners or busy investors.
First, copy trading from Finstsmarket.com allows you to follow experienced traders instead of trading blindly. You’re essentially mirroring strategies from people who already understand market structure, risk management, and timing.
Second, copy trading from Finstsmarket.com platform saves time. If you can’t monitor charts all day, copy trading lets you stay active in the market without constant screen time.
Third, copy trading from Finstsmarket.com platform helps with learning. By watching the trades being executed, you can study entry points, stop losses, and risk management in real time.
Fourth, it removes some emotional decision-making. Since trades are automated, you’re less likely to panic buy or revenge trade.
However, it’s important to remember: profits aren’t guaranteed. You’re still exposed to market risk, and choosing the right trader to copy is crucial and that’s why copy trades from  Finstsmarket.com platform is highly recommended.

[Saltysugar99]

The website you mentioned is full of trading topics that are very risky. In most cases, they act like a kind of gambling. And this is your first post. I doubt that you are actually posting to benefit this forum user or are you marketing that website. All the new users here will easily lose their wealth by investing money in this kind of risky fraudulent trading. So you should be more careful before discussing any website or any other topic where there is a possibility of high risk.

[AmaGold70]

Copy trading has several benefits — especially for beginners or busy investors.
First, copy trading from Finstsmarket.com allows you to follow experienced traders instead of trading blindly. You’re essentially mirroring strategies from people who already understand market structure, risk management, and timing.
Second, copy trading from Finstsmarket.com platform saves time. If you can’t monitor charts all day, copy trading lets you stay active in the market without constant screen time.
Third, copy trading from Finstsmarket.com platform helps with learning. By watching the trades being executed, you can study entry points, stop losses, and risk management in real time.
Fourth, it removes some emotional decision-making. Since trades are automated, you’re less likely to panic buy or revenge trade.
However, it’s important to remember: profits aren’t guaranteed. You’re still exposed to market risk, and choosing the right trader to copy is crucial and that’s why copy trades from  Finstsmarket.com platform is highly recommended.

Copy trading is actually very beneficial if you use it rightly, while copying a trade, bear in mind your level of profit may not be thesame as the trader you are copying from, because profit majorly depends on your level of investment and more also while copying a trade, it is important you consider your risk tolerance as some trades are high risk trades and if it doesn't conform to your risk tolerance it becomes another challenge.
Not all traders like copying trades, more especially those who are good traders, they use their own experience and trading strategy to explore the market.

[CONVOAI]

The reduction in emotional decisions is logical, because automation often keeps the trader disciplined but at the same time it can also create a risk because someone else is making the decision even if it's your own money. So in my opinion  it is a safer approach to test with small amounts and maintain diversification before starting copy trading.

[Dave1]

I don't know but it seems that we have seen this kind of shilling already.

As the OP is hiding the fact that he or she initially asked a valid question, then put up a website that we haven't heard before. In any case I would stay with that mentioned site, again, this is the first time that I have heard about it.

So just be careful as others might fall for the trap of it, just saying.

[passwordnow]

However, it’s important to remember: profits aren’t guaranteed.

Get to this point, that's true that profits in copy trading isn't guaranteed. Even if you copy the most profitable trader, there's no guarantee that they'll be in profit always. So, with what most people understand upon hearing it. They think that it's a shortcut to trading. And the justification that you don't have to be a trader for you to trade is overly advertised by the influencers. And that's because they earn a commission if they refer someone to copy trade on them. It's all about making money from these gullible people than the actual results of their trades.

[Zigabel]

Copy trading has several benefits — especially for beginners or busy investors.
First, copy trading from Finstsmarket.com allows you to follow experienced traders instead of trading blindly. You’re essentially mirroring strategies from people who already understand market structure, risk management, and timing.
Second, copy trading from Finstsmarket.com platform saves time. If you can’t monitor charts all day, copy trading lets you stay active in the market without constant screen time.
Third, copy trading from Finstsmarket.com platform helps with learning. By watching the trades being executed, you can study entry points, stop losses, and risk management in real time.
Fourth, it removes some emotional decision-making. Since trades are automated, you’re less likely to panic buy or revenge trade.
However, it’s important to remember: profits aren’t guaranteed. You’re still exposed to market risk, and choosing the right trader to copy is crucial and that’s why copy trades from  Finstsmarket.com platform is highly recommended.

This is sounding so much like an advertorial, i was thinking you were going to make some points and drop for discussions, well if you are sure of the platform your are promoting, if it were possible it will be nice you add some evidence to prove there legitimacy so that people can be sure incase they will want to use the platform, but if you are not really sue of them please do not make recommendations that will be referenced to you when things later goes south when people gives it a trial. just to add, copay trading does not eliminate completely emotional discipline, you have to make sue you ae emotionally disciplined so that you don't get troubled when the trade is moving in another direction and not as you had taught, your risk appetite may not match that of the trader you are copying so you will learn how to adjust it to fit as you copy their trades so you don't get your fingers burnt,

[internetional]

I used copy trading platforms several times - more than 10 years ago, in the Forex market. But I did it not as a copier, but as a signal provider. The reason was as follows. I needed a public track record of my trades - something I could show to people with whom I wanted to discuss my strategy. And I faced a choice: simple monitoring or monitoring that also allowed others to copy my trades. At that time, simple monitoring services could even be paid (meaning I had to pay just to maintain a public record of my account). With monitoring that included copy trading, on the contrary, I could earn additional income if someone chose to copy my trades. That is why I always chose copy trading platforms.

This is exactly what I see as the main benefit of copy trading: the opportunity for additional income.

As for whether there are benefits for those who copy other people's trades - I am not sure.

[Royal Cap]

Well I didn't think this topic was bad. But one thing is why are you mentioning Finstsmarket.com website again and again. And the total number of posts in your profile is one and that post is this. So it is clear that you are mainly here to promote your website.

Anyway, in the main topic, I have not done copy trading, but yes, I have done small trading after listening to others, another thing is that I see in various telegram channels that they sell different signals and they are paid groups. Although they work at first, but in the long term, I don't think they give good returns. Moreover, I have never used any external website for trading or copy trading.

[Peanutswar]

When it comes to copy trading is all you need is to capital but are you willingly allowing other people use your money without knowing their skills and knowledge about trading, well if you dont have time and wanted just to earn money and let other people do the task seems copy trading could be an efficient but for me in the long term this could not an efficient way because what if no one wanted to make a trade and all you have is by yourself so you need to extend too your learnings about trading so at the start why not take it as a first time to do the learnings and once you knew already the potential of yours is you dont need to rely and paid other people for copy trading fees and another thing is are you promoting to make a copy trade in that platform?

[KiaKia]

There is no benefits, how your ROI is going to look like is in the hands of the trader not yours, this is why you need to handle copy trading like you do with gambling, risk very small amount of money and erase your mind off the amount.

There is a huge chance that the trader is going to blow your account, because the market can't always be predicted right all the time.

The best strategy is to take profit after every successful trades, until you get your initial back then you can play with the rest amount, I have tried copy trading in the past and it makes not much of a difference to me, if you suck at trading then copy trading might be a good option for you.

Just don't risk too much on trading.

[fuguebtc]

If you follow a pro trader, you might save time and learn some market patterns. But if you think that copy trading will magically make all your risks disappear, you are wrong. Always keep in mind that past performance is not future result, even big pro traders sometimes get caught and wipe out their entire capital.

In fact, when you copy trading, you miss the real learning point of why a trade is working or which direction the market is moving, it just hides that from you. If you anyhow want to copy trading, choose a trader who has a clean track record and is strict about taking risks, don not listen to those empty promises of easy money. If you ask me, I would try my best to save my capital first. No strategy, no matter how much you copy it or whatever you do, can guarantee you a profit.

[EluguHcman]

This thread is so deceptive and newbies should not be encouraged to believe it is worth trusted as hyped by the OP.

However, it’s important to remember: profits aren’t guaranteed. You’re still exposed to market risk, and choosing the right trader to copy is crucial and that’s why copy trades from  Finstsmarket.com platform is highly recommended.

Oh, it is good to see that after all the hypes about this copy trade you could still admit that it still comes with the risks that profits are not guaranteed. So what is the need? Thought it was going to be an advancement more profitable than when you trade on your own with good experience and strategies.

Do you even know that you can better control your emotions when trade by yourself than when relying on others? Because you can easily forgive yourself after making wrong decisions than when mislead by others!

Blind trading can simply be defined as when you don't have knowledge of the market but depending on others trading strategies (copy trade).
Every traders are meant to have knowledge and experience of their own and also make decisions by themselves so that they can easily control their emotions and understand how to manage their own risks.

[el kaka22]

If you really find someone who is great, then you will copy their trades and make a profit, it's as simple as that. Why do people not do it often? Well, simply because if we find someone who is good then we will make money but if we do not find someone good then we are going to lose money and the idea that you lose money because someone else made bad trades is a horrible one.

If I made my own trade and lost, at least I can check why I made a bad mistake but if I end up losing because of someone else then I have nothing but that person to blame and they would not care because why would they. So, it's always better to make your own research before you start to trade and if you lose at least you will know the reason.

[michellee]

The benefit is you don't analyzing and just copy others trading without knowing you can profit or not. You risks your funds following others ways to trade. Many exchanges also have copy trading feature so we can use it without taking too long. We don't know the site you mention @OP but we have our favorite sites to trade. I am not suggest to use copy trading because we don't know how good their skills. I suggest you to learn by yourself about trading because that will improves your skills better. You don't rely on others to trade and you can decides when you wants to trade.

[Smartvirus]

First, copy trading from Finstsmarket.com allows you to follow experienced traders instead of trading blindly. You’re essentially mirroring strategies from people who already understand market structure, risk management, and timing.

I think this the opposite you know, as though you might be following these experienced traders, you would be trading blindly eventually. How do I mean trading blindly; the singular idea that, you are not part of the analytical team or process to have lead to the defining of entry and exit points or market strategy and you are just out there for the execution subplot implies that, you are trading blindly, based on what is provided to you and there is no telling if it’s wrong or right or when there is a sudden change in market direction/structure that should be reflected in your position in the market.

[SatoPrincess]

First, copy trading from Finstsmarket.com allows you to follow experienced traders instead of trading blindly. You’re essentially mirroring strategies from people who already understand market structure, risk management, and timing.

I think this the opposite you know, as though you might be following these experienced traders, you would be trading blindly eventually. How do I mean trading blindly; the singular idea that, you are not part of the analytical team or process to have lead to the defining of entry and exit points or market strategy and you are just out there for the execution subplot implies that, you are trading blindly, based on what is provided to you and there is no telling if it’s wrong or right or when there is a sudden change in market direction/structure that should be reflected in your position in the market.

It’s basically gambling in my opinion. You’re trusting that the trader’s signals are correct based on their previous trading history or in most cases their luxurious lifestyle they claim to have as a result of trading. It’s the same thing as those people who sell fixed bets or sure odds on social media. Sometimes it works, sometimes it doesn’t but at the end of the day most people lose more than they profit.

[Mhizlove]

Okay I think the copy trading is only useful when it comes to support and a tool for learning not as something that you fully depend on. I will also say that it do look like shortcut but the if want to get access to it Is not for free, what is does as I earlier say it helps in reducing random decisions and people get structure still yet it still another way of risk management not that risk can be removed all it does is to manage it .

All what people need is to have the knowledge about how it works, have the patience and also make sure that they maintain or have clear limits, regardless of the approach or methods having an understanding about the platform and also when you're self discipline that is the only way to protect your money and not the platform itself because I don't think your money will be protected without having understanding of it

[Rruchi man]

Copy trading has several benefits

Any benefits that it has are temporary, and it may stop being beneficial at the point where you start becoming dependent on it as a source of income.

Learning to trade on your own takes a long time and process, but if you truly want to have long-lasting benefit from trading, your approach should be learning to trade yourself, not planning to copy the trade of another person.

[rat03gopoh]

Copy trading has several benefits — especially for beginners or busy investors.

If you're busy, don't trade.
If copy trading is the ultimate method for beginners, they will never escape their status as fools. Essentially, they only act as accumulated liquidity providers. It's no wonder that someone with just $1k in trading capital can control market prices.

Worst-case scenario, the lead trader could "embezzle" all the copycats' capital in a wash trading scheme. I've also heard of some manipulation tricks where they only show high-performing accounts among their many accounts to attract people to their groups.