#FollowTheLeadTrader Following a lead trader, also known as copy trading, is a method of trading that allows investors to replicate the trades of a more experienced trader. This allows investors to benefit from the expertise of others without having to actively manage their trades.
How does copy trading work?
Choose a platform that offers copy trading
Select an experienced trader to follow
Link your trading account to the trader's
Allocate funds to follow the trader
Risks of copy trading
You may be following the trading decisions of inexperienced or unprofessional traders
Past performance is not a reliable indicator of future performance
Digital asset holdings involve a high degree of risk and can fluctuate greatly
How to evaluate a lead trader's performance?
Some platforms provide performance data for each lead trader
You can view basic performance metrics on the copy trading page
You can tap on a lead trader's card to view their profile with more comprehensive trading data