The experience of copy trading on the Binance platform for 7 days is an exciting and beneficial experience, especially for beginners in the trading world. Let me explain the method, and then we will give an approximate example of profits over the week.
First: What is copy trading?
It simply means you choose a professional trader from within the Binance platform (or any platform that supports the feature), and you automatically copy their trades. So when they buy, you buy. When they sell, you sell.
How to activate copy trading on Binance:
Log into your Binance account.
From the menu, select 'Copy Trading' or 'Trading Bots'.
Check the list of traders and verify:
Profit percentage over the last 7/30 days.
Number of copiers (people who copy their trades).
Type of assets they trade.
Choose the trader that suits your style.
Specify the amount you want to invest (for example: 100 USDT).
Activate copying, and everything will be done automatically.
Example of profits over 7 days:
Let's assume you invested 100 dollars with a successful trader.
Their performance in the past week was as follows:
Day 1: +2%
Day 2: -1%
Day 3: +3%
Day 4: 0%
Day 5: +1.5%
Day 6: -0.5%
Day 7: +2%
Approximate total: +7%
Your profits: 100 × 7% = 7 dollars over 7 days.
$BTC
c-102/
#BinanceAlphaAlert #INitOnBinance #BTCvsMarkets #MarketRebound
Important notice:
Profits are not guaranteed, and everything depends on the market and the trader.
Some traders take a commission (for example, 10% of your profits).
Make sure to have a Stop Loss so you don't lose too much if the market reverses.
