Many copy traders are copying portfolios without a solid track record, relying solely on a single successful trade.
It is important to remember that past success does not guarantee future success, especially in the futures market. Therefore, before following a strategy, it is crucial to investigate the trader's history, approach, and risk management.
Personally, I am an advocate of risk management. Although it may mean more modest profits, I prefer to have stable and consistent returns over time. Profits are proportional to risk, and reducing risk is key to successful long-term investing.
Always remember to invest with caution and wisdom!
