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$BTC current price 96,949, open interests are increasing, short positions 63.59%. It is now uptrend, the price would reaches $98,000-$98,220. In case much more short positions book, it will trigger short liquidation that makes price goes up 99k.
👉 For who buy long, becareful as BTC is easy to dump too hard. 👉 For who sell short, let's short while it is falling.
#Copytrading I agree ROI 48.26% after 10 days is not better than other leaders. Win rate 89%, MDD 7.22%. I will open up to 4 positions per day depends on market moves.
Currently only 2 copiers and they have 30% ROI, please transfer out your profit to your Spot/Funding wallet, just keep original net amount of copy trade.
I still follow my strategy as beginning consistency, I don't add more assets into my portfolio as other leaders while holding negative PnL because copiers might not have asset to add.
In case I went wrong direction, I will try to recover or stop loss. If it is impossible in a day, I will DCA it. If copier has asset, you can look at my position, then buy long or sell short with better price than me (you should check price is a bit far). It would help you earn profit in your future trading while waiting for profit in my copy trading.
Keep in mind, you copy my portfolio and fail 1 or 2 trades, it does not say anything, earning profit will takes time, do not evaluate 1-2 trades. Use 1/5 or 1/10 your capital to copy, do not all in please.
Leader and copiers must be win/win pattern or lose together.
I blocked many accounts as they are - Potentially they are scammers that might attract my followers - Spam too much on every post - Leave their phone number, wa**et address in comment. - Follow me and unfollow me to get followers.
$VOXEL current price 0.119, low open interests, short positions 56%. At this price we can sell short. Just in case it rises again, I recommend to sell short higher price
Update: if you want to buy long while waiting for short. The entry at 0.1 - 0.103. Move this trade into Isolated mode or use SL if you use SL with -60% ROI with leverage x5
#Fartcoin current price 1.2368, high open interests (30 mins chart), short positions 56.64%, it would rise a bit before falling. I recommend to sell short at higher price
Entry: 1.26-1.29 (of course current price if you can hold) Target: 1.13-1.03 Leverage: x5 SL: 1.41
$SUI current price 3.538, medium open interests, long positions 56.86%. Look at red dashed line (price line), it is now moving down to buy zone. I recommend to buy long at below
Entry: 3.408 - 3.418 (I forget to say "or current price if you can hold") Target: 3.65 - 3.85 Leverage: x5-x8 SL: 3.25
#Copytrading you guys already know how to use this on Binance, right? Don't look at on leader's profit, lets look at Copiers PnL.
When you start copy trading from a leader, you must check his/her PnL, Copiers PnL, AUM and win rate. Another information I think is history of position.
Few days ago I read on some group chats. There are some leaders sell short lower price, buy long higher price, and led to liquidation. It doesn't matter if they are professional and responsible for each position and take care copiers. But look like they want you lose all money.
👉 An important setting in copy trading is LOCK UP period, if you invest into a portfolio with lock up period 15 days, that mean you CAN'T STOP COPYING, all your capial will be held in 15 days. It's very risky because you don't know when they open a position and continue lose money.
👉 Some leaders open more positions that can be out of control when market dump (but position for long) or market pump (position for short)
👉 Another case, when a position is going to liquidation, leader add more money into their portfolio, but copiers doesn't have money to add more. The notification from email looks lately when we know it.
You know what I mean right? If you intend to use copy trading, should use 1/10 or 1/5 your capital. Lets trade safe! If you are looking for responsible leader, you must spend time to research.