Lucid Nuked My Profits Over a Fake “Self-Hedge” — Tradecopia and Tradovate Found No Issues
Lucid flagged my accounts for a “self-hedge” and wiped the profits. I was copy-trading the same strategy across accounts in the same direction, not taking opposing positions.
I checked everything:
My own logs didn’t show any opposing positions. I will show evrything below. I am hiding nothing, I have already posted about this and some people blamed Tradecopia, but it is 100% an error from Lucid.
Tradecopia reviewed the order logs and found no discrepancies. This is their response below.
My Tradovate logs also didn’t show the kind of hedge Lucid claimed.
I showed all of this to Lucid in screenshots and they did NOTHING.
What’s crazy is they’re still calling it hedging and saying there’s no real appeal. So even if you can show you weren’t hedging, it apparently doesn’t matter once their system flags you.
If you use Lucid with multiple accounts or a copier, be extremely careful. Their hedging detection system is automated and cant be over turned or reviewed, and their definition of “hedging” seems way broader than most traders would expect.
I’m posting this as a warning so other traders don’t get blindsided the way I did.
