Great to know thanks for sharing

Copy trading

For years trading cryptos felt difficult had Binance account for years ,only got addicted to it once discovered copy trading .
started out in August 2024 copying my first 2 traders with almost usdt200 and after that it was a never ending cycle kept on copying more and more traders those two traders gave me good returns but eventually as all good things end so did their streak one seemed to have retired and discontinued public copying after a streak of losses and the other lost his touch and momentum in Nov election volatility

Then followed different traders even the ones with minimum of 200usdt they made steady daily gains till 19th and 20th Dec all plumuted to a sea of red had to loose almost all my gains from my pioneer copy traders the first 2.

The Lessons Learned:
1) never trust the traders with 98 percent or 99percent win rate as these traders tend to keep their loss making trades open till they are back to green for months with no concern for your margin all that matters to them is their 90percentile win rate on 7days,30daysand 90days time frame.

2) the traders get 10 percent from ur profits the losses are all yours to bear so they trade aggressively as they have nothing to loose accept their own account and get 10 percent from thier 200,500,700 followers winning trades

3)If u make any profits make a rule to take out those profits rather then leaving them to be wiped on any any next volatile period.

4)should always set the settings on fixed ratio, and total stop copying of account to your preferred stop copying percentage, and always have at least position stop loss set for me now set tp roi percentage as well,and keep position size percentage to minimum so the trader does not open a huge position consuming all ur margin ,and always use isolated margin safe guard ur investment with copy traders

5)risks and rewards are ur to bear you cannot trust nobody ,losses might still happen with all safeguards the objective is if it goes sideways to make it bearable controllable not have a run away chain reaction wiping out everything