#FollowTheLeadTrader #TradersBootCamp

nowledge

Beginners can learn trading strategies by observing the trades of seasoned professionals

Offers features like stop-loss orders, take-profit settings, and portfolio diversification

Relatively low minimum investment required to start

Performance metrics and historical data of lead traders are available for users to assess before choosing whom to follow

Cons

Copy traders must share 10% of their profits and pay a 10% commission on trading fees to lead traders

Following a lead trader does not eliminate market risks

Historical performance of lead traders does not ensure future success

Beginners may become overly dependent on copying strategies instead of developing their own trading skills