89% of futures traders are liquidated in their first month. I was one of them, and I spent my $5,400 tuition fee learning that the leaderboards you see on copy trading platforms are designed to bait you into a slaughterhouse. These platforms hide the ugly truth in the fine print: the "master trader" you are blindly following is likely using a high-leverage hedging strategy that burns your balance while they collect platform kickbacks from your trading volume. I watched a guy with a 90% win rate on $BTC lose my entire margin in one single candle because his "strategy" was just holding a massive bag of underwater longs at 50x leverage.
When you look at the stats for $FET traders, the shiny banners showing massive ROI never...