In copy trading, setting a stop loss is one of the most effective ways to manage your risk and protect your capital. It defines the maximum amount you're willing to lose while following a specific signal provider, ensuring you stay in control even when markets become volatile.
Here’s how it works:
When your account reaches the stop loss threshold set for a particular signal provider, the system will automatically close all open positions linked to that provider. This prevents further losses beyond your predefined limit. Importantly, any positions connected to other signal providers will remain active and unaffected.
By setting a stop loss, you create a safety net around your copy trading strategy, allowing you to benefit from automation while still managing downside risk effectively.
Start copy trading with built-in risk control that works for you.