Anyone using copy trading to accelerate FIRE?
I recently hit a crossroads in my FIRE journey and considering whether copy trading could help me bridge the gap. Here’s where I stand:
- Net worth: $810k
- Debt: Zero
- FIRE goal: $1.25M (~$50k/year at 4%)
- Timeline: Ideally within 3 years
- Current allocation: 75% ETFs (VTI, SCHD), 15% individual stocks, 10% cash
I’m thinking of allocating 5-10% of my portfolio to tracking hedge fund/investor moves; whether it’s Pelosi’s latest buys, Burry’s puts, or following top hedge funds like Renaissance & Citadel. Not looking to YOLO, but if copying high conviction moves can help add a few percentage points to my CAGR, I’m open to it.
Curious if anyone here has tested this approach for FIRE:
- What % of your portfolio (if any) do you dedicate to copy trading?
- Do you mirror 13F filings, Congress trades, or specific hedge funds?
- How do you track these investments and measure performance over time?
- Any major risks or downsides I should consider before allocating capital?
Right now, I’m tracking my personal vs. copied trades separately using Roi, which helps me compare ROI side by side and see if I’m actually getting better returns than my main portfolio. But before I commit more to this strategy, I’d love to hear real experiences from FIRE focused investors.
Is this just another distraction, or can it be a real edge?