Copy Trading Experiences (Good or Bad)

Copy Trading appears to offer an easy way out for novice traders to copy a more experienced trader, sit back, and watch the profits roll in. Maybe I just got unlucky using a bad copying platform and got stung quite badly when I tried. Have you tried copy trading (or know anyone that has)? Did they suffer losses? Have you heard about other people getting stung on these platforms? (Martingale/grid traders seems to be the main problem blowing up accounts). What about positive copy trading experiences… anyone made it big through a trade copying platform/service?

It’s 2024 and people still think they can make money without lifting a finger? Just set up a copy trading account and enjoy life?

Come on man, you know better than that.

Lex said:
It’s 2024 and people still think they can make money without lifting a finger? Just set up a copy trading account and enjoy life?

Come on man, you know better than that.

Oh, he already knows the answer to his ‘question.’ Check his profile, he’s running a financial blog. The domain was purchased in 2020 so there’s no way in hell he’s legitimately asking this question.

@Remy
I see. Thanks…

@Remy
Or maybe pooling answers for his next post?

Never a good idea to copy trade others except your own trades.

I’ve tried it early this year. Funny enough, made a few bucks and the master trader blew the account aggressively averaging down into trades.

Copy trading is a scam.