Hello readers,
Recently, I’ve been a bit 'lazy' in posting technical analysis. Actually, I’ve been busy experimenting with a quite hot feature – copy trading.
And the result? I once achieved a profit of 1900% in a month, then… lost nearly 90% of the total amount overnight. In short, it was a failure. But from that experience, I learned quite a few lessons. Before sharing the lessons, let’s review this journey together.
Stage 1 – Getting into the game
I started with 100 USD, using copy trading in the futures market.
The first order I placed was 50 USD, with a stop loss at 50%, choosing someone with high ROI.
→ Result: Quick stop loss order, I lost 25 USD.
Seeing that, I divided the money, each order from 10–20 USD, choosing different people, raising the stop loss rate to 70%, 80%, then 95%.
However, while the money kept 'evaporating' without seeing any profits, I started to worry and stopped copying.
And ironically, the next day that person again… entered a very strong winning streak.
👉 Summary of the first month: Lost 70 USD, remaining 30 USD.
Stage 2 – All in and bitter
I deposited an additional 100 USD, this time choosing people with ROI over 200% in 7 days, the account has only been active for 3 days.
I all-in the entire 100 USD into that person with a stop loss rate of 95%.
→ Result: Lost 80 USD on the first day.
Immediately I stopped copying, feeling extremely disappointed and blaming myself for 'being reckless'.
👉 Summary: Lost an additional 80 USD, remaining 50 USD.
Stage 3 – Changing strategy
Determined to change my approach, I deposited an additional 100 USD but this time not just relying on ROI or PnL.
I began to analyze additional factors such as:
MDD (maximum drawdown)
Profit and loss of the copier
Number of active days
I categorized two groups of lead trading:
Group 1 – Veteran:
Stable ROI
Low MDD
Activity > 90 days
→ Advantages: Safe, peace of mind
→ Disadvantages: Very low profit (for example 10 USD only earns 0.001 – 0.005 USD/order)
Group 2 – New, high risk:
Sudden ROI
Activity < 7 days
→ Advantages: High profit
→ Disadvantages: Extremely high risk
Because of my 'gambling nature', I chose group 2. Continuing the experiment, I lost another 30 USD for a few ineffective people.
But then, fortunately, I chose the right 2 extremely effective people:
Person 1: Turn 20 USD → 75 USD
Person 2: Turn 20 USD → 400 USD
→ This is the moment of achieving a profit of 1900%
The peak moment:
Both people entered a Long order. My account at that time was 200 USD.
Watching the money drop: 200 → 150 → 100 → 50 USD. I almost cut my losses many times.
But after 8 hours, the account went from 200 → 500 USD.
And the final drop
Three days later, they entered another similar order – but it was a dead order.
Happening at night, in the morning when I opened the app, the remaining 500 USD… was down to 50 USD.
👉 Summary: Lost 250 USD, remaining 50 USD
(Note: The remaining 50 USD I used to play futures myself, sometimes earning 200%, but in the end… lost everything.)
Temporary conclusion
Today’s sharing is quite long, so I will dedicate the experience and lessons learned to a separate article.
Thank you
Thank you for taking the time to read this entire sharing.
Although this is just a personal experience, I hope it gives you a more realistic perspective on copy trading – a potential tool but also full of risks if not understood clearly.
Wishing you always keep a cool head, a warm heart, and a green account. Trade wisely, don’t let greed lead the way.
Wishing you success on your own investment journey!
Disclaimer:
The content of this article is based on the author's experience and personal perspective, there may be errors or it may not be suitable for all circumstances.
This article is not financial investment advice. The cryptocurrency market is highly volatile, always do thorough research before making decisions.
All investment decisions and risks arising from the use of information in this article are entirely the responsibility of the reader.