Today, several people copying my trades in #Copytrading lost money, while the other investors and I have a positive result. The reason is simple: the greed and foolishness of the copy traders themselves.
I remind the safety rules for my old and new copy traders:
1. Use only a portion of your capital for subscription (I recommend no more than 10-15%).
2. In the copy trading settings, specify "fixed ratio", do not change the advanced settings.
3. Do not open or close trades independently.
4. A floating drawdown is acceptable, its maximum level reaches 25-30% or more, then the account goes into profit.
5. There is no need to set a stop-loss (10-20-30% etc.) independently. Just invest the amount you are ready to trust 100%. For example, if you do not want to lose more than $250 from an amount of $1000, invest only $250.
