The word "Alpha" has a very specific meaning in the trading world and on platforms like Binance:

What is Alpha?

Alpha refers to the excess performance of an investment strategy compared to the market or a benchmark index.

In copy trading, finding alpha means identifying a trader or a strategy that consistently outperforms.

On Binance:

Some traders share their "alpha" in the form of signals or positions that others can copy.

Copy trading allows "followers" to benefit from the alpha generated by expert traders.

Associated expressions:

Chasing alpha: Seeking higher-performing strategies.

Alpha trader: A trader whose performance exceeds that of the market.