Koboltrading.com or any person related to it is not your financial adviser. Any content published on koboltrading.com or through other social media services is only about sharing our own opinion and perspective on the markets and products we use.
The use of all third-party services that are mentioned on koboltrading.com is at your own risk.
You are still responsible for your own money and investments, even if you utilize the copytrade function on social trading platforms.
From an investor’s perspective, your investment is basically treated like any other trading asset available on the platform for any CopyTrader you have chosen from a social trading platform (e.g. eToro.com) and have invested in.
The assets can gain and lose in value. You always have to set your stop loss when copytrading other traders on your own.
Your personal risk that you set with your stop loss when copying a copytrader may differ from the drawdown for a trade that the copytrader you have chosen is willing to accept.
Also keep in mind that, depending on the traded asset and the trading strategy used by a chosen copytrader, positive results more often than not need time to develop. Since the time factor is a “known unknown,” don’t invest any money you may need for other necessities in your life that might force you to stop copying other traders or close trades at a loss while the Copytrader is still managing the position.
If you have any questions on how to set the stop loss functions when copytrading on eToro, please don’t hesitate to contact us and we’ll be happy to help. You can also contact the Support of eToro.com
In general, any trading or investing may result in losses as well as profits. In particular, trading in leveraged products, such as stocks, ETFs, CFDs, forex, cryptocurrencies, derivatives and commodities can be of a very speculative nature; losses and profits may fluctuate sharply and rapidly and on a magnified basis because of the leverage.
Speculative or leveraged trading, in particular, is not suitable for all investors.
Any mention in a publication of the risks pertaining to a particular product or service may not and should not either be construed as a comprehensive disclosure or as a full description of all risks pertaining to such a product or service; and if you are considering trading any of the financial products or services mentioned by koboltrading.com, please take in consideration consulting a suitable financial advisor prior to the conclusion of any investment or transaction.