Copy Trading - My Stop Loss & Risk - eToro

Here's my profile on Etoro: https://etoro.tw/2rcYYm0
Earn Extra Money as an Affiliate: http://www.etoro.com/TJoinT2_A59104.aspx
Website: https://socialtradingvlog.com

THE TRADERS IN MY eToro PORTFOLIO:

Harshsmith: (Equities + Others): https://etoro.tw/2uIrkbG
Olivier Danvel (Forex): https://etoro.tw/2HM1ygq
GrePod: (Cryoptos/ETFs) https://etoro.tw/34z6xZb
IndexTrader (Cryptos/Indices/Commodities): https://etoro.tw/2N2ixfl
Big profits (Forex): https://etoro.tw/34SLyAu
BalanceAM: (Growth Equities): https://etoro.tw/2OAngp5

All trading involves risk. Only risk capital you’re prepared to lose.
Past performance is not an indication of future results. This content is for educational / entertainment purposes only and is not investment advice.

That Video where I was extending my Stop Loss: https://www.youtube.com/watch?v=e2IcAHWSjvY&

THIS VIDEO

After my last video where I talked about how my Copy Stop Losses had been hit and there were now 3 less traders in my portfolio, I got a comment which I thought might be useful to discuss.

Someone commented that I was wrong to set Copy Stop Losses, as it means I've now locked in my losses. They were suggesting that if I hadn't set a stop loss on the copies, and had just waited, it would have turned around and I'd be back in profit eventually.

I was going to just reply, but I thought it might be interesting to actually make a video about it instead, as my answer's a bit long, and I think some of my experience is now quite useful to me around this issue.

I've tried extending my stop losses on manual trades in the past, as well as extending my copy stop losses on people who I've copied. there have been some downsides to it, so I wanted to share my experience, and see what other people think about certain aspects of risk management in trading, and how we can all keep our profits and accounts as safe as possible.

TRANSLATIONS:

If you have a spare bit of time, and are interested in supporting the channel by adding translations to any of my videos, it would be a really big help :)

You can find all of my videos which need translations into any language you can manage in the link below:

http://www.youtube.com/timedtext_cs_panel?tab=2&c=UCZ3-jtGH7kE0E02bOdhiMRw

Etoro Beginners Playlist: https://www.youtube.com/watch?v=-qeBPdi5LR8&list=PLSp_9hRpu6lKOj-KjMnlULlG62zXNIBz9

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Видео Copy Trading - My Stop Loss & Risk - eToro канала Social Trading Vlog