How profitable and reliable is the Octa copy trading feature?

asked by Salvador H. 2 weeks, 2 days ago

2 Answers
Thumbnail of user sharyac

Copy trading is both a simple and complex way to make profit.

Octa provides its clients with an alternative to self-trading.
Obviously, this option is simpler compared to independent trading. Here, trader who copies trading of other traders doesn't need the skills of profitable trading and doesn't need to have a lot of trading experience.

Nevertheless, trader who copies trading must choose the right traders to follow.
This is important so that trading doesn't have risks.

With the use of Octa services, everyone can choose one or those traders who have both safe and profitable trading.

And it's better to use only a part of margin to copy trading of one trader. I recomend at least 2 traders or even 3

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Thumbnail of user inderau

Its as reliable as real trading, mby 30% more so. You will not get 100% profit, not even close. These traders can bring you +150% one month, and then go -99% and leave the next. So you NEVER go all in on one trader, and you withdraw profits if you get some. You play it smart. Copytrading is like a real trading, its not very passive as an income. You have to monitor your investments at least once a week, if you want them to increase over time. It's a bit stressfull too, because sometimes You're not sure what the trader is doing, and if he is having a mental breakdown, or there is some strategy to his madness, and you are about to receive 300% profits right there xD

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