
How to Find Good Copy AccountsÂ
Ultimately, your success as a copy trader depends on several factors. One of the most important factors and skills is to find a robust, profitable, low-risk Copy account to follow that will deliver good gains with manageable risk exposure.
On the Exclusive Markets Copy service, there are over 180 profitable accounts. This process can be very complicated and is often over-managed. We have simplified the process to 3 main factors that will eliminate the investment in poor performers.
The factors are:
- The income generated
- The consistency of monthly or weekly performance, as shown by earnings bar charts
- The % of drawdowns experienced by the account
We will look at these factors 1 by 1. All 3 are important to give a general picture of the copy account you are considering. Also, when evaluating the 3 factors, you need to compare the factors with other accounts that may appear attractive. You will seldom find accounts that are perfect, so you need to find ones that are generally good in all 3 areas.