If you decided to copy stock trader here are some tips how to get best results:

1. If you have low budget don't diversify between traders. Choose one and put all into him.

2. Don't copy people with extremely high risk score

3. Don't jump between traders because in most cases you will be in minus

4, Read bio of every trader before you decided copytrade him. There are important information such as how much money you need to copytrade all his open positions.

5, Be careful with setting copy stop loss there could be correction 20/30 or more percent in crisis.

6, I recommend you to use dollar cost average strategy. It means that you will regulary every week,month or quartal adding new funds to open new positions.

7, Checking portfolio every minute / hour have negative impact on you. Once a week is enough.

8, I recommend to invest minimal 10 % of your income every month.

9, Invest just money you won't need for next few years and do not borrow.

10, In times of crisis there are biggest opportunities in stock market. Do not sell positions in minus just add new funds and enjoy the future earnings.

If you have any questions feel free to ask in comments below.

by Roman Chovancak
www.etoro.com/people/dividend-income
etoro stockts copytrade copytrading investment