What are the most common set backs for copy trading?

[Stardom22]

For me l am still learning different crypto earning ventures. so with that being said, l went through something called copy trading. l learned that it is indeed a very simple way for conducting crypto trading by simple following the experienced traders. l learned that after a successful trade the trader takes 10% of the profits made. So what are the possible set backs for that kind of venture?

 

[eLdavis]

Copying from the wrong trade is one, traders don't always make profit, so there are times you might copy the wrong trade.

 

[Suba]

Once you try copy trading, you'll undoubtedly encounter many obstacles. Each platform or crypto exchange will have slightly different copy trading rules. Besides choosing the wrong trader, there are also many costs, such as spread/commission fees, profit share, lack of full control, lack of skill improvement, and much more.