Good master copy trading recommendations

To Agus Wibowo,

The important point to note is to choose a master copy trade who has a good performance track record and reputation. Also consider factors that affect trading performance and returns such as max DD, profit factor, etc. In addition, consider the costs, whether the fees paid are commensurate with the performance offered.

Hopefully this can help.

Which one is better to use among copy trading, social trading, and robot trading? I don't have much time for analysis.

To Silviana,

From my personal opinion, I prefer to use trading robots (expert advisor). Although copytrade, social trade, and trading robots have their own advantages and disadvantages, trading robots are the only alternative that will not be affected by trading psychology.

Without the influence of trading psychology factors, trading robots can be a solution for those of you who want to trade but don't have enough time to trade manually. That way, you only need to prepare the trading robot and trading account. Then let the robot run without intervention from trading psychology.

Hopefully this can help.

Answer to Silviana: Based on the mechanism, my most comfortable consideration is copy trade. You don't need to use a VPS like when using trading robots or get distracted like with social trading.

However, the important part is that you must be able to correctly assess the performance of the account you will copy (master copy trade). Choose a master CT with a sufficiently long transaction history and low risk.