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Unknowingly, it has been a month since I opened lead in copy trading. My own contract account has appreciated by about 30%, but I seriously looked at the friends doing copy trading, and their earnings are very low, and some are even slightly losing money. Therefore, many friends only followed for a day or two, or even withdrew after a short while. I understand, not seeing profits and rug pulling is normal.
In summary, it's still my own fault, for example, due to the slippage caused by the copycat.
Starting today, I will make the following adjustments:
1⃣️Reasonable allocation of positions.
3%-5% of margin for BTC and ETH is purchased in batches, with 20x leverage.
The margin for each batch purchase is 1%-2%, with 20x leverage.
2⃣️Strict take profit and stop loss.
In fact, before placing an order, there is always a plan, which is to set a stop loss at -100% and a take profit at +100%-200%.
But when it comes to implementation, I always can't hold on! I'm ashamed! I will work hard to overcome this in the future!
The platform has repeatedly asked me to go live for promotions, but I have politely declined. This is because I lack experience in lead in copy trading; although I have managed to control my drawdowns well, my returns have not met my expectations. Give me another two weeks to fully adjust and improve my performance, then I will interact with everyone in the live stream.
Thank you again for the support and trust of my frens! 🙏