[00:01] how much I've been able to make with copy trading on the Binance app after just 7 days. So, in case you don't know, 7 days ago, I made a video on how to make money daily with copy trading on the Binance app. And I showed you guys
[00:14] you need to do to start making money or to start copying a trader to make money on Binance. And in that video, I copied two different traders. I copied one trader for futures trading with $500. And then I copied another trader for
[00:28] spot trading with $500, making it $1,000. And then I asked you guys to for. And most of you said I should leave it for 7 days. So this is the seventh day. And in this video, I'll be showing you how much I've been able to make or
[00:42] lose by copying those traders 7 days ago. But before going into that, please able to see it and learn something from this video. And please, if you have not subscribe to the channel and support the channel. Thank you. Now the first thing
[00:56] trading page. Now to go to the copy trading page you click on futures where that is pointing to and then at the top of the screen you see where you have copy. So you click on copy right there. So right here is the copy trading page
[01:09] you've been able to make you come right here to the bottom and click on copy where that is pointing to. So I'll click on it and right here on the screen is where you see all the details of the trades that you copied from the trader.
[01:22] holdings right here. The holdings is where you see the current trades you're it right here under holdings. And then if you come under trade history, this is trader took which he copied. So as you can see on the screen right here, you
[01:36] have KUSDT. You have KUSDT right here. And if you keep scrolling down, you see everything is even KUSDT. So I think this trader was only trading KUSDT for spot trading throughout the time I was copying this person. So you can see all
[01:50] come under profit shared. So if you click on profit shared right here. So profit because I have not closed it. So once I close it, any profit I make, the person will take 10% of that profit. Don't forget I talked about it in the
[02:04] video where I was showing you how to set up your copy trading on Binance. So whatever profit you make, the trader you are copying will take 10% of that and I stop copying this trader, whatever profit I've made, this trader will take
[02:17] 10%. But if I make loss, the trader is not taking anything. So you need to take where you have balance history. This is where you be able to see like how much you be able to transfer in and out of the account throughout the time you are
[02:29] only transferred money into the copy trading account once, which was the $500 I added on the day I started copying this trader. So I've not removed any if it's that you've added more money or maybe you've removed some money from it,
[02:44] you'll be seeing the history right here. Now, with all of this being said, how much have I been able to make by copying this trader? Now, to show you that, let me just go back. So, I just click on this back icon right here. And then
[02:56] after 7 days, the amount I've been able to make by copying this trader with $500 for sport trading is $23. So, you can see right here, I've made approximately $23 after just 7 days. And I think that's about 5% or thereabouts. I think
[03:10] it's 5% profit. So, I've been able to make 5% profit after just 7 days, which is not bad at all. Remember, I didn't do anything. The only thing I did was to set up this copy trading on the day I copied this trader. And since then, I've
[03:24] not done anything. I've not tried to do any analysis on my own. I'm just going about my life as usual. And then I've made 5% profit after 7 days. So, if looking to make passive income with trading, then copy trading is something
[03:38] this kind of thing, I've made 5% profit. And let's even assume that the trades that this trader took which I copied let's say they even moved higher that I know maybe if I leave it for more days maybe I will even make more money I
[03:50] made $23 as profit. So you can see it right there. Now for the futures copy for that one I canled it after 3 days. Now here's
[04:02] when I checked it I noticed that the trader was taking a trade and the trader also losing money. Remember whatever profit or loss you make will depend on
[04:14] order day I noticed that I was losing money and I checked the trade and I was taking that day was making me to lose money. So I canceled it and from that trade I lost $150. So my $500 for futures copy
[04:29] trading went down to $350. So which means I lost $150. Now this is the first time I'm losing that much money with copy trading since I've been doing it for over 3 years. I've been doing copy trading on
[04:41] different apps for over 3 years. You can go on my YouTube channel and go back and making money with copy trading on different crypto trading apps. And this is the first time I'm losing as high as $150 with an investment of
[04:55] $500. Now, one thing I've learned from this because this is first time is learned from this is that when you are copying a trader, please always set and you have been watching my videos on copy trading for a while, then you
[05:09] loss or take profit. And the reason is because I believe the trader should be But this one has taught me a lesson that I should be setting my stop-loss export. If I set my stop loss maybe to lose maximum of $50, I would have cancelled
[05:23] and gotten out of the trade after I've lost $50. But thank God I saw it because if I didn't see it, maybe I would have even lost more money. But I saw it early and I canceled it and I lost $150. So what I'm just telling you is that if you
[05:36] are copying a trader whether for spot trading or futures trading please contrary to what I always do where I don't set stop loss please always set stop loss and even set take profit. So that is what I've been able to make. So
[05:48] from futures trading I lost $150. From sport trading I made $23. Now another thing I want to talk about is that whatever profit or loss I've made in this video does not mean that that's what you also make or lose
[06:02] mean that because let's take for example for this port trading. Now if is that and maybe the trader even trades more cryptocurrencies or trade more coins, for example is futures trading and maybe the trader did not lose too much money
[06:17] and maybe the tra make more money for you, then you'll make profit for because I've lost money or because I've made money with spot trading right here that you also lose money or that you also make money. Please, your profit or
[06:29] loss depends on the trader you are copying. I always say this a lot in whatever video I'm making about copy trading. Again, copy trading is a good way to make money, but make sure you are copying a good trader. But between copy
[06:42] think I prefer Trading B. And in case Trading B on Binance, I have a complete guide on that one. The link to that Watch it and learn how to make money with Trading B on Binance. Now, before I
[06:57] go, let me show you how to stop copying a trader because that's one question you want to stop copying a trader, what you just need to do is to click on this arrow in front of the trader's name and then you click on stop copying right
[07:10] here where I was pointing to. So, I'll click on it and then at the bottom side And just like that, I've stopped copying the trader and my balance will be in my learn how to set up your own copy trading on Binance, the link to that
[07:24] Or if you want to learn how to make money with trading both on Binance, the link to that video will also be in the description below. Thank you for subscribe to the channel so that we can get to 200,000 subscribers very soon.
[07:38] get to 200,000 subscribers very soon. I'll see you in the next one. Bye.