Today we will talk about the topic of the pitfalls of the copy trading group🕳️
For example: Xiao Li was in some copy trading groups. The group owner sent a strategy and chose to follow this order. It was blown up in a short time.
Then let's analyze why the position was blown up and what pitfalls you stepped on🕳️
1. Many people who lead the order group actually don't understand any technical analysis, they just want to earn commissions. Everyone knows this.
2. They may really know technical analysis and send the right strategy, but they send short-term transactions below 15 minutes, or even 1 minute. When the strategy is sent, the market has gone halfway or even finished. It's too late for you to enter the market. You may even suffer a floating loss immediately after entering the market. You are unwilling to leave this order, and you feel uncomfortable with the floating loss. You can't eat or sleep well, and you are always trapped. You increase your position and finally blow up.
3. Don't blame others, look for your own reasons. You don't understand others, so you give all your money to others to manage?
Do you understand his strategy?
Do you know how to allocate your position management?
Do you know that this strategy is suitable for you?
You just go all in?
So whether you lose money or get liquidated, no one is to blame.
Finally, a few words, trading itself requires the ability to think independently and have your own trading system. When you blindly trust others and give your money to others, you will definitely lose. The money earned by luck will eventually be lost. If we want to make money in the trading market, we must first have the ability to analyze, whether it is technical analysis or the ability to identify the truth of things themselves, we must have independent thinking, independent thinking, independent thinking, and independent thinking. Important things should be said three times.