I'm at a major cross road right now and I'm looking for advice.
For the better start of the year until last month I was swing trading shares . 3 months I made about 25% profit off the tech boom up until the war with iran.
I pulled my money out of the stock market and was holding cash… thinking the market was going to dip more. While that was happening I discovered copytrading spreads.
Copytrading spreads is a bot that the owner auto executes spreads on your broker account. Has a 91% win rate and 13% monthly return. I was doing good on the copytrading made 4k off 20k in 1.5 months until today where I lost that 4k due to the market pushing up.
The bot has an amazing track record
Statistics
Total Return $$5,845
Total Return %116.9%
"Avg Monthly
Return (to date)"13.0%
"Annualized
Return"155.9%
Win Rate 91.3%
Total Wins 158
Total Losses 15
Average Win $68
Average Loss -$325
Largest Win $220.00
Largest Loss -$695
Cash Needed $5,000
Profit Factor $2.20
Win Loss Ratio- 0.209
Expected Value 90.16
Giving 116% total return, 5.8k return per unit
1unit=5k needed. I was trading on 4 units. (20k)
All was going so well until this week, lost 700$ yesturday and 3.9k today. My account went from 31k to 26k. Back to exactly where I started when I pulled my money out.
The biggest regret I have is while I pulled out of the market the market rallied to ATHs and tech is booming. I could have doubled my money in some cases.
On a good month, if the bot returns 1k per unit, I can make 4k per month off 20k and scale up – up to 15 units max. Maybe making 10k-15k per month.
I need advice: Should I go back to the stock market, or copy trade the bot?
Advice needed. Invest in stock market or copytrade spreads bot?
byu/brian-augustin ininvesting
Posted by brian-augustin
4 Comments
just fkin buy voo my man
you deserve to lose money, continue copying
“How do I beat the market?”
You get lucky. Sounds like you aren’t lucky. Better luck next life.
I love how knowledge and history gets lost to time. Gen Z learning what the terms FOMO and picking up nickels in front of a steamroller are. Sure your bot might look good now but all those algorithms you trade on that you don’t really understand will get thrown out the door once a bear market or black swan event arrive.
Bull markets are not indefinite. My advice is either invest in the broader market and DCA or accept the fact that you’re gambling and be prepared to lose it all.