Open or closed? Read a Copy Trading result properly.
Open trades are still moving. Closed trades are finished. Keeping those states separate is the first step to reading a Copy Trading record without turning a live number into a conclusion.
Use the state first. Interpret the number second.
Two states
One is live. One is settled.
What each state tells you
Start with the position status. Then ask what the record includes and what it leaves out.
| State | What it tells you | What it does not tell you |
|---|---|---|
| Open trade | A position is still active. The number can move while the trade is open. | It is not a closed result and does not tell you the final outcome. |
| Closed trade | The position has finished. It can be reviewed as a completed trade. | It does not predict what the next trade will do. |
| Copying stopped | New trades no longer copy, subject to the service's rules. | It does not automatically answer what happens to trades already open. |
Read a record in three passes
These checks keep a live position, a finished trade, and a future expectation from blending into one headline number.
- Find the state.Is the trade open or closed at the point you are reading?
- Find the cutoff.What date or period does the record cover?
- Find the context.How does the result sit beside drawdown, sizing, and the trades still open?
If copying stops
New trades no longer copy, subject to the service's rules. That is a change in the copy relationship, not a promise that open trades have disappeared.
With your own broker
Open trades stay in your broker account until you close them. The account remains yours, and the copied trade can still gain or lose while it is open.
Read how pausing and open trades workCompare account-control models
Want to see the account path?
Review the own-broker setup before you decide how a result should be read.
Copy Trading involves risk and can result in losses. Past performance is not a promise of future results.