This is one of those weird threads filled with generic, low-count posters. Feels like the site admins have paid a firm in Pakistan or Bangladesh to generate fake traffic.
You can try just allocate smart portion of you capital to this venture, maybe 10-20% and then see how it goes. Anyway it should be useful experience.
Beginners are more prone to losses due to their limited knowledge and experience so copy trading can be a viable option for them. It simply allows them to follow and copy the trades of more experienced traders, without having to develop their own trading strategies from scratch. But learning how to trade independently can also be a valuable experience for beginners, as it can provide a more in-depth understanding of the markets and allow for greater control over trading decisions. So, the decision to use copy trading or learn to trade independently will depend on individual preferences, goals and risk tolerance.
any kind of learning approach can be useless if there is no regular level of practice , so traders should focus on there first of all.
Depends on your goal, obviously. Do you just want to make some money? Then copy trading *might* work for you, although I am skeptical given the amount of kamikazi grid, Martingale and averaging bots I see on these copy trading sites. If you want to learn to trade yourself, then copy trading is useless. You will only see the entries/exits but not their chart. It is impossible to know why they took that trade, what indicators they look at, or even on what timeframe they are looking.
Copy trading can be pretty good for new traders but it can be a double edge sword. You need to carefully check if the person you want to copy trade has a consistency strategy with stable profit.
Copy trading is a great way to trade, but it comes with its own benefits and risk. it is easy to adopt and at the same time master the trader's mistakes.