๐ข For Beginners: What is Copy Trading on Binance? ๐ค๐
Are you new to the trading world and confused about where to start? ๐คฏ
Binance offers you a fantastic feature called "Copy Trading" (ุชุฏุงูู ุงููุณุฎ) ๐
โ What is Copy Trading?
It simply means copying the trades of a professional trader automatically, meaning every buy or sell they make is also applied to your account, without the need for you to make complex decisions! ๐
๐ค Choose the trader whose performance you like
๐ Check their previous results (like in the picture, this trader has a 74% win rate and +39% ROI)
๐ต Decide how much you want to invest
๐ฅ Press the "Copy" button... and start tracking the results!
โ ๏ธ Tips before you start:
๐ธ Ensure the trader has stable performance and not just temporary profits
๐ธ Monitor the win rate and ROI
๐ธ Donโt put all your balance into copying... diversify the risk!
๐จ Very important notice:
Copy trading does not guarantee profits! โ
Even professionals sometimes lose, and if they lose, you will also lose ๐ธ
So never invest more than you can afford to lose!
๐ Trading is a personal responsibility, and copying is just a tool, not a magic wand!
๐ฏ Copy trading is beneficial for beginners, but you need to be aware and monitor performance.
Have you tried this feature before? Or do you plan to try it soon? ๐ฌ๐
