Guys, watching big shot Jia Yi Bing’s gold trades last night gave me a lot to think about. The market plunged in one direction, but he stayed firmly bullish, adding to his position all the way and holding on. His account was down nearly 8,000U at its worst, but the market eventually bounced back, turning his losses into a profit of two or three thousand U. That kind of mental fortitude is impressive; most people would have folded long before.

But honestly, this kind of approach only works for him, since he has the funds to keep adding to his position. Most of us who copy trades have small accounts and can’t handle such a deep drawdown, and those who followed him mostly lost money. I’m also competing in the CFD copy-trading contest, and I’m currently ranked 22nd. I admire his discipline, but I won’t copy this strategy of holding through losses and adding to the position.
I’ll continue to prioritize risk management and take a steadier approach, trying to help everyone following me earn returns that are manageable even for small accounts. We’ll slowly climb the rankings and compound our gains steadily together.
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