Copy trading (Also known as auto-portfolio at Bloom) can lead to profits, but there are no guarantees.
Just because a trader did well in the past doesn’t mean they always will. Markets can change quickly, and everyone can make mistakes 🤷♀️
Some traders take big risks, and others are more cautious. If you copy a high-risk trader, you could win big—or lose big. Always know your own comfort with risk before copying⚠️
Instead of copying just one trader, some people spread their money across a few. This is called diversification, and it helps reduce your risk. It’s like not putting all your eggs in one basket 🪺
Copy trading (Also known as auto-portfolio at Bloom) can help you avoid panic selling, but emotions can still get involved. You might be tempted to stop copying during a market dip. Staying calm and thinking long-term is usually a better choice🧘♀️