Thoughts on Copy Trading and Trading Signals?
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Trading without a stoploss and following other traders. How do you feel about following other people's trades? Things like copy trading and someone sending you trading signals? Is it safe to copy someone's investment/trading strategy/portfolio? I don't advocate it personally, if you want to become a trader you have to do it yourself. It is okay to have a mentor but having someone giving you signals is dangerous. What happens if the signals are wrong or the person disappears? What about trading without a stop loss? Is there any way to control risk without having a stop loss?
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