#FollowTheLeadTrader The concept of Follow the Lead Trader is based on observing and replicating the strategies of experienced traders to maximize profits. Copy trading platforms like Binance allow users to follow successful investors in real time.

This strategy reduces the need for in-depth technical analysis, making it ideal for less experienced traders. However, it is essential to carefully choose the traders to follow, evaluating their past performance and the level of risk taken. Personally, I am not a big fan of this strategy because it involves high fees and a trader's history does not guarantee the same results later.