How do I choose which traders to copy?
When choosing traders to copy, evaluate their track record over at least 6-12 months, not just recent wins. Check their win rate (percentage of profitable trades), maximum drawdown (largest losses), and risk management practices. Look for traders with consistent returns rather than dramatic spikes followed by crashes. Review their trading style—do they match your risk tolerance? Some focus on short-term trades while others hold longer. Examine their average trade size and leverage usage; excessive leverage increases bankruptcy risk. Read user reviews and verify statistics on the platform. Start by copying small amounts from multiple traders rather than going all-in with one person. Remember, past performance doesn't guarantee future results, and market conditions change constantly.
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