[00:01] video. In today's video I will tell you whether you can make profit by copy trading on Binance not. Friends, if you want to do copy trading on Binance, then how do you find the best trader who will not cause you loss. Here friends, I am just [00:15] if we can really make profits by copy trading on Binance. Here friends, I had copied about four traders. So I will tell you what their result was and friends, here I have an ongoing one and friends, let [00:28] me show you the position. Currently it has taken a position which is running in loss with ROE of approx 16%. And here I have closed some positions etc. I copied some traders. First of all you can see here that it has caused [00:40] me a loss of approximately 4.24 USDT. When friends, I copied this trader on the first day. So here it tripled my investment amount. But friends, here all [00:55] its trades continuously went into loss. So first of all let me show its trade history here. Friends, right now I have closed this position. It you can see because I had placed some stop loss etc. So here the [01:08] copy trading spot has been removed because the stop loss was hit. Here nothing will be shown in profit share because I did not book any profit etc. Now you can see that this position has been closed. Second, here I copied this trader [01:21] again to see. So right now friends, he has taken a trade in Dog DG USDT which is running in a loss of 15%. Now let me show you its portfolio and what mistakes you should avoid if you copy trade on Binance. [01:34] So first of all you people will see here that here we will do it for 30 days first of all. Let's see what he has done in 30 days, friends ? ROE of 427% means forex amount has been done. Has given a return of 427%. But you [01:48] will see that here its copyists who have copied it are running in loss. friends, the minimum copy amount in this is 10 USDT and when we copy someone with 10 USDT and that person takes a trade with a bigger amount, then [02:02] because as soon as the market falls a little, our position gets liquidated automatically and our entire funds get lost here. So that's why you don't have to copy here for 10, 20, $50. Ok? So if you [02:16] want to copy here, then you will copy from 100 USDT, 200 USDT and 400, 500 USDT. Now friends, if you want to find the best here, then first of all you will come to Binance Pay Trade here. After coming to Trade, you have to click on the three dots here above. I have to [02:29] go to the copy. After that, here you will get the option of future copy. So it has to come in the future copy. After that friends, first of all you have to see here whose MDD is the lowest. MD means Maximum [02:43] Drawdown. Meaning, how much percentage loss can he incur in 1 day ? So here this guy has ? So here this guy has say it's very useless. Now you can see here that its MD is 8 which is [02:58] fine. But its returns here are not that good. Is 25%. What will you do now friends ? If you want to play safe so that your capital is saved and there is no major loss on it. And we do n't want very good returns. Meaning a return of 20-30% is [03:11] also very good. Because if you invest in other sources funds, then we do not get even 10% return in a year. But here if you invest or trade in future then you are getting a return of 53% [03:24] which is very good. Ok? So first of all we have to look at ROE, friends. Don't run after ROE or too much ROE. Meaning, even if the ROE is 20, 30, 25 or 40, it will still work. Just [03:39] friends what we have to see is that the maximum drawdown should be low. This MDDD should be reduced. The less it is, the better. And Sharpe ratio means this should also be low friends. One should be below two or the maximum can be three. It should [03:51] you copy that guy. And here friends, its win rate is 80%. Its win rate is 80%. Meaning if it is taking 80 trades out of 100 then it is making profit in 80 trades. in loss. So this is a good symbol. Now we will check here and see that [04:07] it has given an ROE of 10% in seven days. After that, if we look at it in 180 days, then how much return has been given in 180 days. So in 180 days it has given an ROE of 36%. Now friends, here you can see that if this guy who had a high position here, [04:22] if someone had copied him, and friends, you can see here how much friends, you can see here how much ROI he gave, 23%, meaning approximately 23%, and how much was the profit here, then 10%, that is, there would have been a loss of 2310 33%, if the person who would have [04:35] copied him at the high position here, friends, he would have incurred a loss of 33%, so you have to invest here at a good time. Ok ? Now friends, you can see from here in which it is taking trade. BTC, Ethereum, Sol, BNB i.e. Binance, LTC, B [04:49] BCA. So friends here, if someone is trading mostly in the big coins because many people here invest in small coins which keep entire portfolio here gets blown away in one go. So, you don't have to make this mistake. [05:04] Now you can see how many people have copied this guy. There were 700 seats. 700 people have copied it. Now the guy is genuine. It is giving good returns. That's why friends, as many people as there were seeds have copied it and kept it. And it has been trading here for 610 [05:16] days. So it means that the person must have had a good experience. And friends, if you search for such things here, you will find many of them. Now you can see that it has given a return of 282%. This is also good. And its maximum drawdown can be seen to be [05:28] 28%. Meaning if you invest 100%. If you invest 100 USDT, it can lose 28 USDT in 1 day. Ok? And we can copy this with a minimum of 200 USDT. So you have to see which person [05:41] most of the people are copying. So you have to copy that. And friends, I want to tell you one more thing that you should want to see whether you can really make profit by copy trading on Binance, then [05:56] you can do it because if the position, then our position gets liquidated immediately and if we keep a stop loss etc. then it gets hit. Now friends, you can see it here, let me [06:10] show you. Let me show you a little example of the trade I took. can see now that he is again giving me a loss of USDT 1,430 here. So you don't have to copy such guys. But [06:26] I had to make a video so I copied it here. So in this affair, I have lost ₹500 to ₹600 here. But it doesn't matter, you friends please like the video. This will give us [06:38] some support. And friends, if you have any doubt here about how to invest If you do not want to take the risk then tell me by commenting. Friends, I will make a video, I will take the risk with my own money. But please [06:51] like the video. So that's all for today's video, see you