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Hey, after doing so many copycat projects for so long with some profit, I felt indifferent. These past two days, I lost $4,000 on PP and TEMA. The monthly profit has been wiped out, and I am still $1,500 in the red.
So I have come to a realization:
Short-term copycat trading is actually very difficult. It’s not just about analysis, but also involves spread erosion, liquidity, market makers, and other complex issues. It’s already decided that retail traders entering copycat trading are doomed to be the weaker side.
I plan to change my trading style. This account will focus on mid-term trading, controlling drawdowns, and pursuing stable profits.
I will also allocate a small amount of funds to open a new account for independent short-term trading.