r/copytrading

Intel have been all over the map recently, often starting the day 3-6% different than the previous end price. I wasn’t sure about how to go about trading it, but wanted to try and capitalise on the fairly extreme volatility.

I’ve ended up copy trading an account that not only exclusively trades INTC shares, but also mentions volatility trading as part of its algorithmic setup. It’s gone well enough so far that I’m looking for other volatile assets to trade in a similar way if anyone has any ideas?

The copy trade master account holder has said they are willing to look at opening trading accounts for other assets on request, and is even willing to back-test their algorithm to check compatibility.

I've always been more of a long-term holder and I don't enjoy watching charts all day. Recently, I started wondering whether there's a way to make some of my idle funds work a little harder without completely changing my investing style.

That's what led me to explore copy trading. The concept is interesting because it allows you to follow more experienced traders without constantly making every decision yourself. However, many strategies seem to rely on frequent trading which may result in higher fees and larger drawdowns.

I've looked at several platforms like BYDFi, and some others, but I'm paying more attention to risk controls and user flexibility than advertised returns. To me, copy trading would be supplementary tool rather than a replacement for having my own investment plan. Would any long-term holders here consider using copy trading and how is the result come out? How would you manage the risk? Any positive experience you'd like to share?