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A couple months ago I ventured into the whole idea or notion of Copy-trading on eToro. I put some money in to test the waters and have had really good results so far (~70% growth in about 5-6 months, allocation is mostly crypto and stocks across various people I copy on this platform, Compared this with 0.02% on a Mutual Fund product I had with my bank for 2 years - You can only imagine my excitement at 70%) Now, as time passed, I came across more platforms: MQL5 Signals, Duplitrade, RoboFX (Mostly Forex and Indices) I guess what I’m doing isn’t exactly “Investing”, It’s more along the lines of “Trading”? But from my perspective it’s more like Investing since i’m not doing any trades or orders myself - I’m just subscribing/copying/following tried, trusted and experienced traders that have good track record. I have also automated everything - I just check-in on my portfolio a couple times a day to see where things are at and how my portfolio is doing - And I really like the experience: To be able to see my wealth grow trade by trade and how each small winning trade adds up. I was wondering if anyone else have been following similar strategies for the purpose of growing their wealth? Perhaps there are people out there who’ve been doing this for far longer than me and can share their experiences (good or bad) or offer guidance and/or links to other opportunities? PS: Now, I understand these type of investments might carry more risk, but my appetite for risk is high as I’m young, plus I do very detailed research on past performance of these traders before making up my mind. For some reason I have far more faith on a trader sitting in a small town of Italy trading his 20k euros than on Wall Street. PPS: Some of these opportunities (Forex/Indices trading) I’m looking at have hypothetical potential to do anywhere between 100%-500% annual returns.
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