I started researching copy trading at the beginning of the year. The lead traders being promoted all had ridiculously impressive stats, with returns in the thousands. I tried beginners with low entry requirements and simulated the ones with higher requirements. Within a few days, a batch had blown up. Then I realized I also needed to look at drawdowns, and another batch was gone. After that, I learned to check how long they’d been trading and their track records, and another batch was gone. Then I looked into their positions and realized I needed to filter for API trading, long-term strategies, and martingale. Only four have consistently survived so far, and all of them have had major drawdowns and had to add funds along the way.

Recently, I started leading trades myself and discovered that without compounding to produce eye-popping stats, you get no exposure. But if you start out compounding and use high leverage, it’s only a matter of time before you get liquidated. It seems like there’s no way around it.

The only genuine legend I ever followed, K-Line Watchman, has stopped trading too. Does anyone have a reliable lead trader to recommend? #跟单 #BTC #ETH #MUusdt