I’m new to trading currencies and found the etoro copying function. I like this idea but I am confused on how the allocation works. For example lets say I copy a traders and choose to copy all open positions. I put $1,000 in. etoro goes out and buys the coins at the current market price to match the same percentage mix as the trader I’m copying. I get that.
My question is how does it handle new trades? For example, I copied a trader and the portfolio has gone down since the initial copy. The trader says he has cash on the side that he using to buy more coins during the dip. My copy of the portfolio does not show a any of the cash I invested being held to the side so how is my copy going to mirror his activity as he buys more coin? Do i have to put more in and if so how do I know when and how much? I added more cash to the copy but it has just sat there not being used.