CoinBoltX guide · Social Trading
Social trading and copy trading: understand the difference
Reading someone’s ideas, following their profile, and authorizing automated execution are different actions.
Social trading and copy trading: understand the differenceLearning from a conversation
Social trading describes the sharing of trading ideas and observations. You can read a discussion, compare viewpoints, and choose to take no action. On CBX, following a community profile is separate from authorizing trades.
Execution requires a separate decision
Copy trading involves execution based on another trader’s activity. Its settings, funding, permissions, and costs need a separate review. Do not assume that a Follow button authorizes copying, or that a historical trade can be repeated at the same price.
Understand what a result shows
Before relying on a performance figure, identify the period, fees, funding, realized and unrealized positions, and what data is missing. A screenshot or short winning streak cannot establish what a future result will be.
The CBX community is a place to exchange ideas. Make execution decisions in the relevant trading workspace after reviewing its current information.
Put your knowledge to work.
Meet the CBX community