Think of it this way:
Do you go to strangers “in real life” and allow them to handle your finances? Do you give your friend/neighbor the ability to buy and sell with your money? I think not, copy trading is basically just that.
There are some really good ETFs out there, well diversified, good upside and cheap. That would be my advice, but again do not trust me. I am a random guy on the internet xD
Do your own due diligence
I agree but people are entitled to risk their money to a random.
But i am sure there are some good traders out there.
People on here have some crazy return.
Hmmmm, im torn as i dont have anything against the functionality being available, I wouldn’t use it myself but can see others might want to. However risk for T212 might be it brings their platform down rather than up brand wise, I think recent events mean T212 needs to be aiming to be taken seriously not a meme/crypto volatile platform, not saying this would directly cause it, but it could do.
not necessarily true if done right like on etoro this feature is useful even for people with knowledge to trade them self, can look at the trade history and stats going back years, returns are much higher than any etf fund and can run a trailing stop its low risk, some popular investors on etoro making over 100% returns a year with good diverse portfolios
ETFs are for retirement or for people who have really huge sums of money, Etoro has a really good business model with the copy trades and with years of data to prove it works, they’re people who literally take it like a full time job with millions of dollars under management because they have the years of track record to prove it.
If T212 did the copy trade like Etoro it will really be a great idea, they already do social pie so why not monetize the social pie system into something like Etoro? For real Etoro made a system like mini hedge funds and the people there actually do some good research same as how I’ve seen some people on T212 do real good DD and share their pie so imagine if it was monetized.
Yeah but from what history has shown us the bull market runs for 8 to 10 years and about 1 to 2 years for a bear market, with some minor corrections ofcourse so I don’t see the big deal, warren buffet lost money in the bear market sometimes same as how renaisance and bridge water have lost tons of money in both bull and bear markets.