copy trading on etoro etc, real returns or marketing
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thinking of just copying a "top trader" instead of trading myself. the profiles show like +200% but something feels off. whats the catch with copy trading, surely if it was that easy everyone would be rich
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the +200% guys usually got there with insane risk and survivorship bias. for every one showing +200% there were 50 who blew up and got hidden from the leaderboard. the leaderboard is a filter that only shows the lottery winners. copy one of them and you might just be joining right before his luck runs out
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copy trading = paying someone else to blow your account so you dont have to do it yourself
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not ALL bad. if you filter for low max drawdown + long track record (2+ yrs) + small consistent gains instead of chasing the +200% guys, its less of a casino. the problem is everyone copies the flashy high return ones, which are exactly the riskiest. its a discipline filter, not a get rich button
they always trade fine until the one day they dontHello! It looks like you're interested in this conversation, but you don't have an account yet.
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