The mistakes mentioned in the post can cost you opportunities or cause you losses. So let me quickly tell you about them and how to avoid them.
1. Copying any trader just because their number looks good. Most people start copying those who made high profits last month... but they don't see how they are earning or what their success rate is. The solution? Look at the number of trades, profit percentage, duration of holding the currency, and whether they are working on currencies with a project or just meme coins.
2. You don't understand their working method at all. You might find a trader doing 10 trades a day, and you don't like that type... or you might find them buying currencies and holding them for months. The solution? Choose a trader whose style is close to your method and thinking. See if they are a day trader or a long-term investor, and work on that.
3. Copying several traders at the same time without a plan. Many people think they are reducing risk this way, but the truth is you might be copying people who are working against each other. The solution? Start with one or two traders, and monitor their performance for a while. Once you understand them well, build your portfolio on a solid basis.
4. Leaving the copying active without reviewing performance "Why should I follow? I'm copying a professional trader..." No, you need to follow. Performance changes, and so does the market.
The solution? Review their trades every day or every week, see if they are doing well or not. And if you feel they are changing their style or losing a lot... pause the copying temporarily.
5. All your decisions are based on fear or greed. The market fell? Lost a trade? So you cut off the trader and look for another? This way, you'll never stabilize. The solution?
Set a clear plan and work with your mind, not your emotions. Copying is a tool that helps you, not something that drives you to follow the market. In summary: Instant trading copying on Binance is a strong opportunity if used correctly... but if you enter without awareness, the result will be loss or confusion. Understand - choose wisely - follow - and work with a plan.