The first time I was deceived by a copy trader, in the end, I still had to rely on myself.

On February 27, my principal was already low, and then this person opened a short position before the bullish candles at #KAITO and #ALCH and stubbornly held on. When I woke up in the morning, everything had collapsed, and in the end, this person deleted the copy and opened a new one.

What I can't understand is, either cut losses (stuck in a short position) or add to the position at a price far from the cost. But they add to the position when losing a little, and when losing a lot, they just eat the trades?

They only make tiny profits, earning a few dollars, but when they lose, they lose hundreds of dollars, just to maintain a win rate?

In the end, I still relied on myself. The #ALCH dropped sharply once, and then rose twice, I made profits on all the swings and even turned my account around.

My entry points were all optimal, and I followed up a few times in the middle to maximize profits.

🌹 My strategy is to never hold onto losing trades unless I have a 100% certainty it will go back. If I lose a little, I immediately close the position, and the more I win, the more I add to the position.