IS COPPYTRADE AN EFFICIENT INVESTMENT CHANNEL?

For those who are inexperienced, have little experience and time, copytrade is one of the passive earning channels that can be considered. However, trading without insurance is a rosy path, I see a lot of people embracing pain:

Even though you chose the top trader with high whip, the winrate is almost 100% but, oh yes.. but you still get burned 😅 The reason here is that the capital you participate in is very small (mostly 100-500$ ), and the captain's armor is very thick. The captain limits the min vol to 10u/order, so if you guys drop 100u, it will go away very quickly. Because the captain doesn't cut his losses but keeps pumping volume continuously when the trend is wrong, stuffing and pushing until it's green then he won't lose, only the crew member will die from running out of blood 😅

Personally, if I were a copyist, I wouldn't bother looking at the captain's whip. There are only 2 things I think I should pay attention to: the captain's current command that he's playing and the copywriter's pnl:

+ Current orders will partly reflect the captain's thinking & judgment as well as his agility with the market.

+ PNL people who copy green only have a chance to be green, but if they are red, they will soon be as red as boiled shrimp like them.

In my opinion, Copytrade is not an opportunity to change positions for everyone. It can change the position of the captain because the profit extracted from the coppy is quite large (so those who have the ability should be bold: help themselves, help others), and those who coppy, according to me, should only follow with their children. numbers can be lost and choose captain carefully.

Anw, the most certain thing that can help you change your position is luck and your own ability, so be proactive and don't expect too much that your destiny will change thanks to you.