Weekly Copy Trading Update: Big Wins, Some Losses, and the Path Forward
Welcome to my totally transparent weekly update of my copy trading journey! This week had its fair share of ups and downs, but that’s all part of the ride when you’re in the trading game, right?
The week kicked off in style with my biggest single-day profit of £272.91—before 10 a.m. on Monday, no less! After that, I was feeling confident that I’d hit my modest weekly target of 10% growth, especially given how well things had been going recently.
But trading being what it is, the market soon humbled me. A couple of losing days followed, cutting into those early gains. And then, for the next few days, prices dropped to my risk-free stop loss, meaning I walked away with only small profits. Not terrible by any means, but definitely a slower end to what began as a promising week.
In the end, I’m about £60 down on my target for the week, which would have been a solid 10% profit. That said, a profit is still a profit—though maybe I should’ve just taken the week off after that incredible Monday morning!
I’ve decided to add £100 to my bank and am looking forward to getting back on track next week. My goal to grow my bank to £4,500 by the end of the year remains the same, and we’re still very much on course.
On a personal note, I’ll be moving from the UK to The Gambia a week on Monday, so I’m hoping the relocation doesn’t cause me to miss out on any important trades!
Disclaimer: As always, while I’m thrilled with these results, it’s important to remember that past performance is no guarantee of future returns. Copy trading, like all trading, carries risks.
Here’s to next week—let’s keep pushing forward!
To find out more about copy trading please CLICK HERE to watch a 29 minute video explaining the concept