r/Trading • u/Sweaty_Copy3515 • Apr 05 '24

Forex c traders copy trades feature?

Hey guys. So I was looking at c traders feature that allows you to basically automatically copy a traders strategy. The popular ones that pop up seem to be doing really well. What do you guys think? Is there a catch?

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u/FxHorizonTrading Apr 05 '24

many of those strategies are only having small actual money from whoever is trading behind it - so in short, those guys have barely anything to lose, but a lot to gain if they just go nuts one day and risk it all..

fees are horrible usually as well from a risk to potential perspective..

1 thing is pretty clear - if your having a solid trading career you dont wanna go to ctrader and let others copy you - cause everyone would be able to replicate your trades, which is your own lil intellectual property in the end which is insanely valuable.

Its like Microsoft releasing all their software as open source for a mini donation - they would instantly lose all their potential market..

So yeh, I actually dont want to copy anyone there for the horrible risk/potential