**Public Service Announcement: Be Cautious with Copy Trading**

Copy trading can seem like an easy way to profit, but my experience shows it’s riskier than it looks.

🔹 **My Mistake:**

- A trader made me +$50 in one day, so I got greedy and copied multiple "top" traders with 100-200 USDT each.

- The same trader lost $100 the next day. Most "winning streaks" are luck, not skill.

🔹 **Key Lessons:**

1. **Do Your Research** – Don’t blindly follow "explore page" traders. Many lack consistency.

2. **Set Stop Losses** – I didn’t, trusting traders who said, "No stop loss needed." Now I’m stuck in lock-up periods losing daily.

3. **Avoid Overcommitting** – Copy trading is high-risk. Never invest more than you can afford to lose.

💡 **Final Advice:** Protect your capital. Not all copy traders are bad, but most aren’t worth the risk. Learn from my loss—trade

wisely!

#Binance

#CopyTrading #RiskManagement #LearnFromMistakes