I agree with you! It's not always easy to figure out why traders make certain trades. In my case, I prefer communicating with traders directly through the social feed on zulutrade. I find it very helpful in making final decisions.
Money management is a crucial aspect of successful trading. Even the best trading strategy can result in losses if proper money management techniques are not followed.
Complacency in trading refers to a state of being overly confident or comfortable in one's trading decisions, often leading to a lack of vigilance and risk management.
Before you start trading, it's important to have a good understanding of the financial markets and the instruments you plan to trade. So, IMO, the best strategy would be to start with a good understanding of the market.
Certainly, you can make consistent earnings from copy trading, but it's important to keep in mind that your results may vary based on your choice of traders to copy, and your risk management approach.It's always recommended to thoroughly research about the traders you are going to follow and do...
I am also into copy trading with Zulutrade, and my reason for switching from manual trading to copy trading was the same as yours. Btw, on which platform are you planning to start copytarding?