[00:00] daily with copy trading on the Binance app. Now, before I go ahead and show you bots on Binance, I also have a video on that. The link to that video will be in
[00:13] the description below. So, this one is for copy trading. So, in case you want to learn how to make money with copy trading every day on the Binance app, any important information. And please subscribe to the YouTube channel if you
[00:27] this video and learn something from it. Now, let's get into the video. Now, as first thing you want to do is to go to your wallet and make sure that the money
[00:42] you want to use for copy trading is in your sport wallet. So, I'll go to my left bottom corner of the screen. So, you can see it right here where that is pointing to. Just click on it. And right here on the screen is the asset page.
[00:57] responding to and then this is your sport trading page. So I will open it to see how much I have right here. So you can see I have a little bit above $500 in my sport wallet on the app. So make sure that you have USDT or the amount
[01:13] crypto on your Binance app, just transfer from any other crypto app you crypto from another app to your Binance wallet, I have a video on that already.
[01:26] The link to that video will be in the description below. So that's the first wallet, the next thing is to go to the copy trading page. Now to go to the copy screen. Just click on it. And then at the top of the screen, you will see
[01:44] where it says copy where they pointing to. Just click on it. And right here is the copy trading page on the Binance app. Now at the top corner where you have futures copy where they responding to just click on that small arrow beside
[01:56] it and once you click on it you see that you have two options you have futures copy and you have sport copy. So this means that you can make money with copy through sport trading. That means you can copy a trader that is into futures
[02:11] alone and you can also copy a trader that is into sport trading alone. So in And in case you're only interested in futures copy, then you click on futures copy right there. But I'll be doing both in this video. So I'll be showing you
[02:26] copy whatever I'll be showing you in this video and start making money with copy trading on the app. So right now I'll be starting with the futures trading. So I'll click on futures copy right here. And then the next thing will
[02:41] private, and then you have favorite. Now what are these three categories? Now when you come under public it means that anybody on the Binance app can copy traders in this category. That means that anybody from the public can copy
[02:57] traders in this category. That's the meaning. So that means that if I come person. But if you come under this second category which is private for this private right here, the copy trader or the master trader has to invite you
[03:13] before you can copy his or her trades. That's the so you cannot just copy it have like a padlock icon beside it. So that means that it is not open to the category for this one, this is where you can add maybe your favorite master
[03:31] traders, maybe the person you like to copy maybe all the time or maybe you see person to your favorite and be copying the person consistently. So you can do that right here. So these are the three different categories you will see next.
[03:46] my choice. Now the next thing is for you to copy a trader. Now before you can under this public section. Now you can see where you have 30D that is showing
[04:01] you 30 days. So this means that it is showing you the result or maybe the performance of these traders in the last 30 days. That's the mean. So any information you are seeing about each trader right here is the details or
[04:13] maybe the performance of each trader in the last 30 days. And then you can see the order of PNL in the last 30 days. So that means that this first person is the
[04:25] person that has made the highest amount of PNL in the last 30 days. So you can see right here, this person has made $220,000 in the last 30 days. That's the number one person. Number two has made $126,000 in the last 30 days and number
[04:39] three has made $53,000 in the last 30 days and then you'll be seeing it right here. So it'll be starting from the highest to the lowest. I hope you get check only PNL. You can just click on where you have this P&L. Just click on
[04:54] it and you see that you have different categories. Now you can see the next one is ROI. Now, if I pick ROI, it's going to arrange the traders according to the amount of ROI they've made in the last 30 days. So, ROI is in percentage. So,
[05:08] take note of that. So, let me pick ROI right here and show you. So, I'll pick 5,000% profit in the last 30 days. That's a lot. That is too high. If you
[05:21] the last 30 days, this trader has made 5,000% profit. The second person on the list has made 1,749% profit in the last 30 days. And
[05:34] the third person has made 663% profit in the last 30 days. So if in ROI in the last 30 days. Now for the next category, I'll click on this ROI
[05:47] again. And you can see the next one is MDD. Now MDD means maximum draw down. order of losses they've made. So, I'll click on MDD right here. Let me show
[05:59] you. Now, you can see the first person on this list has made 0% loss in the last 30 days. And is even the same person that has made 5,000% profit in the last 30 days. Now, you can see the second person on the list has made 0%
[06:11] loss in the last 30 days. The third person to has made 0% loss in the last made the highest amount of loss in the last 30 days. Now, for the next category, I'll click on MDD again and show you the next one. So the next one
[06:27] is AUM. Now AUM means asset under management. So it will show you the traders that have the highest amount of money under them that they are managing for their copers. So I click on AUM right here. So let's check it out. So
[06:39] you can see the first person on the list is managing $5.6 million which is a lot. The second person is managing $2.3 million. The third person is managing $2.1 million. So you'll be seeing the amount each person is managing right
[06:54] here on the list. Now the next category is copiers. Now if you pick copiers this have. That is copiers means the people who are copying their trades. So that people copying his or her trades. And then the next category is copiers PNL.
[07:11] Copers P&L means that you arrange the traders according to the amount of money their copers have made. So these are the different categories that you can arrange the traders and pick whichever trader you want to copy. But in case you
[07:23] or this process. What I would advise you to do is to come here to where you have this icon, this filter icon where that is pointing to where you have something like 99 plus on the top. Just click on it. Now the next thing you want to do on
[07:38] copy. So the first thing you want to pick is the time range. And I advise you pick like 30 days. So 30 days will show you traders who are doing good in the in the last 7 days, but I think 30 days is still longer. But 90 and 180 days are
[07:55] just too long. So I think it's okay if you pick 30 days. So just leave it at 30 different traders. You have traders that are tagged as top performance, most
[08:07] resilient, solid growth, money maker, wheel manager, low leverage. So if you have any particular kind of trader you want to copy, then you can pick it right you want to copy a trader that uses low leverage. Then go ahead and select low
[08:23] to do is this 30-day PNF. For this one also don't change it. You can see it's between 0 to $5 million. Don't select it. Don't change anything right there.
[08:35] Now the next category will be 30-day ROI. Now this means that what is the ROI or what is the percentage of profit you are hoping that the trader you want to copy has made in the last 30 days. Now, for me, I want to copy a trader that has
[08:47] made at least 25% profit in the last 30 days. So, I'll just click on 25 right here. If you want a trader that has made at least 50% profit, you select 50 and so on. I hope you get it. Now, let me scroll up. Now, the next one will be
[09:00] this 30-day MDD. Don't forget MDD means maximum draw down. That is the maximum loss they've made. Now, for me, I want to copy a trader that has made maximum of 10% loss in the last 30 days. So, I'll just select 10% right here. And
[09:13] then the next thing is 30-day copy trader P&L. For this one too, don't change anything. And then the next one is days trading. That is the number of days the trader has been trading for. So you select 30 days. That means that you
[09:25] want to copy a trader that has been trading for at least 30 days. If you for at least 60 days. So for me, I'll just pick 30 days. 30 days is still okay. So I'll pick 30 days right there. And then aum means asset under
[09:41] $25,000, you select $25,000 right there. Or in case you want to select a trader that is managing at least $100,000, you select $100,000 right there. Or let's
[09:53] $25,000 lower, then you don't need to select anything right here. So, for me, I don't really take this into consideration. I'll just leave this. And then the next one is minimum copy amount. For this one, you can select a
[10:08] trader that can allow you to copy with maybe at least $10 or $50 or $100 or $1,000. So, let's for example, I want to copy a trader that can allow me copy with at least $10. I'll just click on $10 right here. So, once you've done
[10:21] of the screen. So, you can see right here with what I've done out of 1,000 traders on Binance, it has shortlisted everything to just three traders for me. three. So out of these three traders right here, I can now decide which one I
[10:39] want to follow or which person I want to follow. So I hope you get what I'm using that filter icon will really really help you to avoid the stress of trying to look for the perfect trader to follow. Just make sure that you follow
[10:54] the process I just did using that filter icon. So again, like I said, just come right here and pick one trader that you want to follow out of these three that has made the lowest amount of loss. And you can see right here on the
[11:08] screen, it is this person right here. This first person right here. This person has made 2% loss in the last 30 days, but this one has made 5%. This one has made 4%. That's not bad. All of them are doing good, but I want to go for the
[11:20] lowest. And then if you look at their ROI also, this first person has made 57% profit in the last 30 days. This second person has made 35% profit in the last 30 days. And this third person has made 26% profit in the last 30 days. So this
[11:35] sense to follow this first trader. So once you've decided on the trader you want to follow, the next thing is to click on copy. So I just click on copy you want to use to copy the trader. Now there are two methods to do this. The
[11:53] first method is fixed ratio and the second method is fixed amount. Now I'm attentively. Now you can see right here where you have fixed ratio. Now what
[12:05] say that person has $1,000 in his wallet. Now if that person should enter a trade with let's say $500. You know that $500 is 50% of what he has in his
[12:17] wallet. That means that he is using 50% of his capital for the trade. That's the meaning. So that means that if I will be copying this trader, I'll be entering each trade with 50% of what is in my wallet. So if I have like let's say $500
[12:31] in my wallet, that means that I'll be entering each trade with $250 or maybe half of whatever is in my wallet. I hope you get the logic. So that's just the meaning. So if I come here and put um let's say I put $500 right here and
[12:45] in his wallet or let's say 10% of whatever is in his wallet. It is that percentage that will be taken from this $500 to enter the trade. I hope you get it. So that is how to use this fixed ratio. But if you want to use fixed
[13:01] amount right here, this means that you have to enter the exact amount you want cost per trade. So you put the amount you want to use to enter each trade. So let's say for example, I want to enter each trade with $50. I'll just put $50
[13:16] right there. And then for the copy amount. So this is like maybe the total amount I want to use. So let's say I want to use $500. I'll just put in $500 right there. So that means that for all my trades, I don't want to use more than
[13:29] $500. But for each trade, I want to be copying the trader with at least $50. I hope you get it. So that's the meaning. So for me, I'll be using this fixed amount option. So that means that for each trade I copy this trader, I'll be
[13:43] copying with $50. And the total amount I want to use to copy is $500. So I hope you understand. Now the next thing you want to do is to set your total stop-loss. So you can see it right here. Just put in the percentage of loss
[13:56] you are willing to make. So let's assume that maybe you are okay with taking 30% loss. Just put it right there 30%. So what this means is that once I lose $150 out of the total $500, I will stop copying the trader. That's the meaning.
[14:09] All the trades I'm copying the trader will close and I will stop copying the trader. I hope you understand. If that is maybe um 10%, just put in 10% right there. That means that once you lose $50, you stop copying this trader. I
[14:22] hope you get it. But for me, I'm not going to be putting stop loss. So, I'll leave it to run itself. So, that means that whatever the copy trader or whatever the master trader is doing, that is what I'll be doing too. I hope
[14:37] advanced settings just click on it right here. And the first thing you want to do options. So if I click on this arrow let me click on it. You see that you have
[14:51] lead traders margin mode and fixed mode. Now for me I always try to use whatever margin mode the lead trader is using or the master trader is using. So so I'll just leave it as lead traders margin mode right there. Now the next thing is
[15:04] to select your leverage. Now for this leverage, I also like to leave it as ahead and change it. So that's it. And then the next thing is to set your takerit and your stop-loss. So like I said earlier, I don't like to set my
[15:18] takeprofit and stop loss. So I'll just leave it like that. And then the next thing is to set your maximum cost per order. So the maximum cost per order will still be $50. That mean that that's the maximum amount I want to use to copy
[15:30] each trade. Remember, it's $50 I set at the top. So once you set all of these things, you see where it says I have confirmed profit sharing is 10%. Now profit you make, the master trader will be taking 10% of that profit. 10% of the
[15:49] profit, not 10% of your capital. So that means that if I enter a trade and copy this trader with let's say $50 and let's say I made $30 profit. Now, out of that $30 profit, the master trader will take 10% and 10% of $30 is $3. So, I hope you
[16:04] $27. That's just it. So, once you've confirmed that, just click on this two boxes right here and click on confirm at the bottom side of the screen. And right
[16:16] So, make sure that everything is correct. And then just click on this box right here and click on confirm. So just like that, I started copying this trader and I can start making money by copying this trader right now. So if you want to
[16:31] see the details, just click on view details right here. So let me open it here every day to see how much I'm making or how much I'm losing by copying
[16:43] this trader. Now that is for futures copy. Now this trader I'm copying is only doing futures trading. Don't forget. But if you want to do sport risk with futures trading. You know, futures trading is more risky than um
[16:57] sport trading. So you don't want to take that risk, you can just do sport futures copy. Click on it and change it to sport copy. And then you come right
[17:09] portfolios and then you'll be able to see the different traders you can copy process I showed you for the futures copy. So, what you just need to do is
[17:21] come here to this filter icon where I was pointing to. Click on it and don't of looking for the perfect trader to copy out of over 1,000 traders right here. So, just come right here and click on this icon. Click on it and then pick
[17:35] here and pick it. So, let's for example the 30-day ROI. If you want to copy a trader that has made at least 25% profit in the last 30 days, just click on 25%
[17:47] right there. And then for the 30-day MDD, which is the 30-day maximum loss, just click on less than 10%. That's maybe if you are okay with maximum of 10% loss in the last 30 days, just click on it. And then for this 30-day copy
[18:01] trader PNL, just leave it. Don't change it. And then for this days trading, just click on 30 days. Maybe you want to copy a trader that has been trading for at least 30 days. And then you come right here to this AUM asset under management.
[18:14] put it right there. And then the minimum copy amount, that is the minimum amount you can use to copy the trader. Let's say $10. Just click on $10 right there. And click on confirm. It will show me the available traders right here. So you
[18:29] of these three traders right here. Now if you look at this last trader right here, you can see that only one person is copying this trader. You can see one out of 300 and that is poor. So if one trader is just copying this person, I
[18:44] don't think it is wise for you to go ahead and copy that person. Can see the his trades. But this first person right here, he has 729 people copying his
[18:56] person. And you can even see the person has made 42% profit in the last 30 days, which is quite good. So if you're okay copying this first person just click on
[19:08] click on fixed amount right here and put the exact amount I want to use to copy this trader. So let's say for example for each trade I want to copy with let's say $50 also. And then for the copy amount I'll just put $500 right there.
[19:24] done that you come here and set stop loss but me I'm not setting my stop are all the trading pairs. You have BTCU USDT and so on. So you'll be seeing all
[19:38] the trading pairs that this trader trades on sport trading right here. So if you are okay with that, you click on this. I have confirmed profit sharing is trader will be taken 10% of whatever profit you make. So if you're okay with
[19:53] that, just click on these two boxes and click on confirm. And then you'll be just click on confirm again. And just like that, you're already copying this trader for sport trading. So if you want to see it, click on view details right
[20:08] this trader with $500. So if you want to check the one for futures, just click on this arrow right here. Change it to futures. So you also see it 500 USDT. So this means that I've invested $500 into copying a trader
[20:25] for futures trading and another $500 into copying a trader for sport trading. to leave it for. So you guys please tell me how many days should I leave it for? Should I leave it for 7 days or 14 days or 21 days or even 1 month? And let's
[20:41] after 7 days and show you how much I've been able to make or lose from this. So be able to see whether my $1,000 has gone up or whether my $1,000 has gone
[20:53] down. So please, if you appreciate this kind of video, please like this video to support, subscribe to the YouTube channel and please share this video with learn how to make money with trading both on the Binance app, I also have a
[21:08] you for watching. I'll see you in the next one. Bye.