Copy trading sounds simple until you're deep in markets you barely understand. That's when things go sideways fast.

Here's the thing: if you're just aping into whatever someone else is doing and you don't actually have an edge yourself, the trap is obvious but easy to fall into—averaging down. You think one more buy will fix it. It won't.

This applies to everything though. If your entire strategy depends on catching a bailout, you don't really have a strategy. You've got a gamble. Real plans work even when things don't go perfect. When they need external rescue to survive, that's not planning. That's hope.