Is copy trading really that appealing? A must-read for newbies about the pitfalls.

Copy trading sounds too good to be true — sit back and relax, while others make money, you make money too. But the reality is far from that simple.

Core Logic: You choose a trading expert, and the system automatically copies every trade they make. Sounds great, but here comes the problem:

Seemingly beautiful advantages:

• A blessing for lazy people, no need to monitor the market 24 hours.
• You can learn while earning, see how the experts operate.
• Multiple choices can diversify risk
• The transparency is still good, the historical performance is there.

But these pitfalls cannot be ignored:

• Even experts can fail, past profits do not equal future earnings.
• Some platforms have exorbitant commissions, and even if you earn a lot, half of it gets eaten up.
• There is a delay in the signal, and the market has changed by the time you execute the trade.
• The most heartbreaking thing is that when you completely rely on others, you learn nothing, and your risk awareness deteriorates.

Summary in one sentence: Copy trading is not a way to make easy money, but rather to hand over your funds to someone else for management. Choosing the wrong person can render even the best tools useless. It is advisable for beginners to start with a small amount to test the waters, rather than risking their entire fortune right away.