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What Factors Should I Consider When Choosing A Trader To Copy?

When choosing a trader to copy in social or copy trading platforms, there are several factors you should consider to make an informed decision.

You can go to the Leader Board and filter the leaders by Category:

  1. Account: This will show all the Leaders in order of their trading account IDs. This will show the Leader’s default nicknames.
  2. Return Chart: Displays an overall change of the account’s return.
  3. Total Profit: Overall Gross Profit and Loss of an account.
  4. Return (Total): The overall time-weighted return of the account. The indicator shows the percentage gains of the assets and is designed to exclude the impact of deposit/withdrawal operations mid-period. Time-weighted return is well-regarded as the best indicator to benchmark the profitability of a trading strategy.
  5. Auto-Copiers: This will show the number of Subscribers following this Leader.
  6. Age (days): The number of full days, the account had been trading for.
  7. Balance: The current balance of the account in the trading platform

If you click on the Profile button, you will find more information about the Trading History of the account.

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