Binance Copy Trading Guide — Step-by-Step Guide & Transcript

[00:02] Welcome to a new video! In this video, we'll talk about copy trading on the Binance platform. Click here on "More" and then "Search" at the top. We'll select "Copy Trading," as you can see. Clicking on that will bring up this interface. We'll then see "Copy Futures," and if we click on that, we'll see "

[00:18] if we click on that, we'll see " Copy Spot Trading." We can choose which type of copy we want to use. Of course, copying futures trading or futures trading involves very, very, very high percentages,

[00:36] very large, but the risk is also very high, as I mentioned. So, when you copy a futures trader, it's like you're trading futures yourself. Trading futures involves very, very, very high risks.

[00:48] Trading futures involves very, very, very high risks. I'm going to click on this option, the one with the I'm going to click on this option, the one with the number 99, as you can see, and I'll apply number 99, as you can see, and I'll apply more advanced filtering to the traders. I'll

[01:00] more advanced filtering to the traders. I'll set the time frame to 180 days, meaning I want to see the trades of an experienced trader over the longest possible period because it's very possible that I, for example... This week I traded and made a lot of profit, but for the past two or three months I've been losing. This

[01:17] gives me an impression of this trader: are they a skilled trader or not? I can identify their specific characteristics: top performer, skilled trader or not? I can identify their specific characteristics: top performer, low leverage. Of course, each of these is a distinguishing mark of a trader. The top performer

[01:35] are the traders who have achieved the best results. The money maker ranks results. The money maker ranks traders based on how much money they've generated for their followers, regardless of performance. The most flexible are those who enter trades rationally with low

[01:53] leverage without risking large amounts of capital; they are the most flexible. I rank them from best to worst. The large amounts of capital; they are the most flexible. I rank them from best to worst. The

[02:06] based on the assets they manage, strong growth (account growth rate), and low leverage. I rank traders who use low leverage before those who use high leverage.

[02:21] Profits For losses over the last 180 days, you can specify the amount you want. You can also sort traders based on their return on investment (ROI), such as those with returns above 100% or above 50%, depending on your preference. Additionally, there's the decline rate, allowing you to sort traders with declines of

[02:37] sort traders with declines of less than, say, 10%, 30%, or 50% – whatever you want. You can also filter by less than, say, 10%, 30%, or 50% – whatever you want. You can also filter by trading days, the assets traded, and the minimum copy amount. As

[03:11] Notice this second trader: their ROI over the last 180 days was 113%, their assets traded were over $5 million, and their decline rate was 26%, meaning their

[03:25] decline rate was 26%, meaning their portfolio experienced its maximum decline at one point. 26% If we click on it, it will show you how many days he has been trading on the platform, how many people have copied him, the total number of people who have copied him, how many are copying him fakely, his trading balance, and assets under management.

[03:42] trading balance, and assets under management. Notice that he has caused the followers who Notice that he has caused the followers who copied him to lose more than two million dollars, even though, copied him to lose more than two million dollars, even though, as you can see, his chart is green. Of

[03:54] course, people might have entered with him and exited at a loss while he hasn't yet. This is why you should be careful with futures trading. Just because you copy someone doesn't mean you'll achieve the same

[04:07] results they are achieving. Now we'll move on to instant trading copying. As we mentioned, we rank traders first based on the number of days they have been trading and their return on investment. Here, the ranking of traders changes. As we said, this

[04:24] ranking of traders changes. As we said, this trader has achieved 519% profits in the last 180 days for the people who copied him, with total profits of about $179,000 and assets under management of $630,000. This is one One of the best ways to track a trader is by copying their trades. Here in

[04:40] trader is by copying their trades. Here in see all their trades, whether any part of them is still active or if they've been

[04:56] completely closed. If closed, was it at a profit or a loss? You can track everything related to profit or a loss? You can track everything related to the trader through the balances and trading history section. You can see all their trades and learn from their trading methods. You can

[05:12] learn from their trading methods. You can basis for opening and closing each trade, and so on. The balance log shows their trading balance. You can also balance log shows their trading balance. You can also

[05:28] how much each one has profited. For example, the first person who has profited through their copy has made over $11,000, a 114% return on their initial investment. This was a general overview of copy trading. Trading on the Binance platform, whether it's

[05:41] futures or spot trading, is easy. If you have any questions, leave them in the comments below, and I'll be happy to answer them. We'll delve deeper into this topic in the online course where you can ask me questions directly. Don't

[05:57] forget to join our Telegram channel for Syria. See you soon! Peace.