ilmscore | I Tried 3 Copy Trading Alert Services for 7 Days. Here's the Data

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
Topic
Status
Ross predicts a high probability that the free alert service will attempt to promote a random cryptocurrency.
"I'm thinking that there's like a 99% chance that I'm going to get into this and then they're going to start telling me to go buy some random cryptocurrency."
Scam/Alert Services
Pending
Ross predicts that the 'four spots remaining' marketing claim by the alert service is a false sense of urgency.
"I thought to myself, 'Yeah, right. Four spots remaining. I don't buy it.'"
Marketing Tactics
Pending
Ross predicts that copy trading systems will experience too much slippage to keep up with fast-paced trading, especially on volatile stocks or those with wide bid-ask spreads.
"I don't think that a copy trade system would keep up with that. It would be too much slippage of like getting in getting out especially on a fastmoving stock or you know let's say a stock with a bigger spread."
Copy Trading
Pending
Ross predicts that traders who blindly follow alert services will consistently experience smaller winning trades and larger losing trades due to inherent latency.
"if you're trying to just bl use the alerts to blindly follow, you're always going to be behind. Which means your winners, if the price is going up, are going to be smaller than theirs, but your losers are going to be even bigger. So, it's a flawed system."
Trading Performance
Pending