Copycat trading works best in bull markets where 75% of the trades work out. That being said, its not a bad way to get ideas, and you can always vet someone else’s trade. If its good theres no reason jot to make the same move
klipsetrades on
I mean… maybe temporarily. But if you don’t understand the strategy, you’re basically outsourcing both your edge and your risk management. Like, copying the entry is probably easy, but knowing how to manage it when it goes against you is the part that usually matters
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Copycat trading works best in bull markets where 75% of the trades work out. That being said, its not a bad way to get ideas, and you can always vet someone else’s trade. If its good theres no reason jot to make the same move
I mean… maybe temporarily. But if you don’t understand the strategy, you’re basically outsourcing both your edge and your risk management. Like, copying the entry is probably easy, but knowing how to manage it when it goes against you is the part that usually matters