What is copy trading #跟单交易 ? A must-read for beginners!

Copy trading is a way to "copy" the actions of successful traders, and it is particularly popular in Binance Futures. You can choose a high-performing trader and automatically follow their buying and selling strategies, saving yourself the trouble of analyzing the market. Sounds great, right? But don't rush, as there are both returns and risks involved! Copy trading can help you get started quickly, but the market is volatile, and slippage (the deviation of the transaction price from expectations) and delays may cause you to lose money. It is recommended that beginners start with a small amount to test, observe the trader's historical returns, win rate, and drawdown rate, and avoid blindly chasing high prices.