Do not follow trades. Another fresh example of following trades has resulted in a loss of 10 million RMB, with a total of over 2,600 followers. Soon, there will be more trades to follow.
A few days ago, I saw one with over 90% win rate, but in the end, it also resulted in a big loss. Such appealing data is of no real use; it can be easily fabricated, and when losses accumulate, the final outcome is a disaster.
Following trades became infamous on forex platforms years ago and was picked up by cryptocurrency platforms.
Making money by following trades does not work from a fundamental financial logic standpoint; even if Livermore were here, it might not work. No matter how skilled one is, if the capital is large, they can still be besieged, which in turn affects the original market trend due to the reflexivity in finance.
Moreover, it's almost impossible to find high-level players on these platforms.