AI Summary
This video explains how beginners can earn like pro traders by using Binance's copy trading feature. It provides a step-by-step guide on setting up an account, selecting profitable traders, and managing risk.
Chapters
Trading is very difficult for beginners and takes at least four years to become a pro trader.
Binance allows users to copy trades of pro traders exactly, eliminating the need to analyze indicators or charts.
Download Binance app, enter email, and use referral ID 9i8282 to get copy loss protection worth $50 USDT.
Click on the trade option and select 'Copy Trading' from the menu or search for it.
Futures trading is highly volatile and risky; spot copy trading is recommended for beginners.
Look at 30-day ROI (Return on Investment) and number of followers. Example: 32.61% ROI means $32 profit on $100.
Check USDT profit, MDDD (Maximum Drawdown), win rate, and trade history. Use mock trading to test before copying.
Traders take a 10% profit share. Choose fixed ratio or fixed amount for investment. Set stop loss to limit losses.
Uncheck pairs you don't want the trader to trade in. Confirm settings to start copy trading.
Add balance, adjust settings, or stop copying anytime. Funds remain in your wallet and can be withdrawn.
Copy trading on Binance is a simple way for beginners to earn without trading knowledge, but it carries risk. Always do your own research and use stop loss.
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80% Legit"Title promises easy earnings via copy trading, and the video delivers a clear guide, though it downplays risks."
Mentioned in this Video
Tutorial Checklist
Study Flashcards (10)
What is the minimum time to become a pro trader according to the video?
easy
Click to reveal answer
What is the minimum time to become a pro trader according to the video?
At least four years.
00:16
What is the referral ID mentioned for Binance account creation?
easy
Click to reveal answer
What is the referral ID mentioned for Binance account creation?
9i8282
01:26
What benefit does the referral ID provide?
medium
Click to reveal answer
What benefit does the referral ID provide?
Copy loss protection worth $50 USDT.
02:35
What does ROI stand for and what does a 32.61% ROI mean?
medium
Click to reveal answer
What does ROI stand for and what does a 32.61% ROI mean?
Return on Investment; a 32.61% ROI means a profit of 32.61% on the invested amount.
03:45
What is the profit share percentage that the copied trader takes?
easy
Click to reveal answer
What is the profit share percentage that the copied trader takes?
10% of the profit.
07:04
What is the purpose of mock trading?
medium
Click to reveal answer
What is the purpose of mock trading?
To test a trader's performance with fake funds without risking real money.
05:58
What is MDDD and why is it important?
hard
Click to reveal answer
What is MDDD and why is it important?
MDDD is Maximum Drawdown, indicating the maximum loss a trader has experienced; it helps assess risk.
04:38
Can the copied trader withdraw your funds?
medium
Click to reveal answer
Can the copied trader withdraw your funds?
No, the trader only has authority to trade; funds remain in your wallet and cannot be withdrawn by them.
08:05
What is the recommended stop loss setting?
medium
Click to reveal answer
What is the recommended stop loss setting?
Set a stop loss to limit losses, e.g., 50% means trading stops when balance drops to 50%.
08:48
How can you stop copy trading?
easy
Click to reveal answer
How can you stop copy trading?
Click 'Stop Copying' and confirm; the remaining balance returns to your wallet.
11:42
💡 Key Takeaways
Four Years to Pro
Sets realistic expectation for trading mastery.
00:16Copy Trading as Cheating
Analogizes copy trading to cheating in exams, making it relatable.
00:28$50 Loss Protection
Key incentive for using referral ID, reduces beginner risk.
02:35Mock Trading Before Real
Encourages risk-free testing, a prudent strategy.
05:58Funds Stay in Wallet
Addresses security concerns, emphasizing that trader cannot withdraw funds.
08:05Full Transcript
[00:03] trading is very difficult. Who should do technical analysis and who should do fundamental analysis? How to read charts? Which are bullish trends, which are bearish trends ? He wastes his energy in all these things. Because trading is
[00:16] really difficult for beginners. It takes you at least four years to become a pro trader. But let me tell you here that you only need four steps to earn like a pro trader. Yes friends, I will give its example exactly like this.
[00:28] If you cheat in school exams then it is not allowed. different. You can easily copy a pro trader as Binance provides you this facility. Yes, all the pro traders who are
[00:41] placing trades, placing good trades , you simply have to copy them. Whatever trade he places will be a copy exactly the same. You will not have to worry about anything. No one will have to not have to look at any indicators. And
[00:58] easy method for beginners and also for those who just have some investment. Those who do not know trading can increase their portfolio by following and copying expert traders. Those who do not know trading can increase their portfolio by following and copying expert traders.
[01:11] What you have to do is simply see here, first of all you must have a Binance account. You will also get the link in the description of this video or you can download it directly from Play Store or Apple Store. You can download the Binance app. This window will appear in front of you. Simply enter your email address.
[01:26] above. The next window will open in front of you. You simply have to You simply have to add the referral ID here. 9i8282 As soon as your account is created, this Binance window will open in front of you.
[01:40] window like this will appear. People who are facing problems in verification. Simply write it on YouTube. 90 and How to Create Binance Account. In that, I have taught you step by step
[01:55] P to Puppy will appear. You can add funds through it from here. comes the point that you people do not know trading at all. You have zero trading knowledge earn money. So you simply have to come to this dashboard. This is what you see in front of you.
[02:10] You have to click on the peacock button. Please scroll down. see the trade option, right? You have to click on the trade. An option is visible here. Can you see copy trading ? You can select from here or
[02:23] you can also go above the search button and write copy trade. Simply write COPY Copy Trading and this option will open in front of you. Look here, this option is visible in front of you. Now as I told you in the beginning, please add the referral ID.
[02:35] 9i8282 What is the benefit of that? Look here, you can see it, right? Look here you are getting copy loss protection worth $50 USDT. Ok? Look here, click on the claim button. It will tell you here that if you
[02:50] click on I Agree, you will get a protection bonus of $50 here. This means that whatever trade you make, there will be a loss of up to $50. This way you get its voucher. Therefore, definitely use the referral ID. Now look here, the first option
[03:04] If you want to do future trading then select these. It is highly volatile. There would be more risk involved in this. You simply have to focus on the future. click on it. Spot copy here, you have to click on it.
[03:18] All the copies of this spot trading will be available here. Now look here how many traders are visible in front of you. All these are Now look here how many traders are visible in front of you. All these are their own teams. What is the team that when you copy them yourself, you will become a part of their team.
[03:31] Who are making profits here. What do you have to do simply Look here, the first trader is visible here. This is private. Let's leave this. Look here under the name Free Brothers. See 30 days ROI here.
[03:45] ROI is Return on Investment. That means, look here it is 32.61%. I mean, let me tell you this calculation that if you copy traded for $, then that if you copy traded for $, then they made a profit of 32% of it i.e. approximately $32.
[03:59] Ok? Look here, it is visible in front of you. Look, there is a group of 300 people here. He has made it. 227 people have copied this. Scroll down. Look here, another one is visible in front of you.
[04:11] Look here, this is a group of 1500 people. About 1049 people have copied it here. Its ROI is very low. Ok? I will tell you how to select a good trader.
[04:23] Now let me tell you one thing here. Whichever trader you like, look here for example, the one whose ROI is the best. Look at this 39%, this one is Look here, let us select this. Look here, its USDT profit for the last 30 days is approximately 5655.
[04:38] And look here 39.76% we open it. And this MDDD is also very important. Ok? MDDD is also very active. click on it. Look here, it will open in front of you. Here the
[04:52] he has been doing copy trading for 18 days. Look here, 239 people have joined it. 300 means slots are still available here. Look here, he has mentioned all the things here. See here what is the leading balance.
[05:05] See here how much the amount is in the sum. See here what is the total profit. And see here they also make profit and loss. It is not necessary that they make profits. But accumulative, look here, this is profit. ROI it is.
[05:17] Look here there is 100% win rate. And after that, look here if you you can also guess from the graph. See the trade history here, it is mentioned here. placed a sell trade right now. Look here, look here, he has sold it.
[05:32] Look here, I bought this. That means, look here, he had said bye. He has made a sale after coming here. Ok? Their entire trade history will be visible to you. Which pairs is this one trading in here? It's done.
[05:45] If you like this trader, you can also bookmark it. Ok? , it will be bookmarked. The financial advice for you here is that you should not come here and trade blindly. Do n't copy anyone. You
[05:58] accounts are also available. For example, if you find a good trader, its ROI is good. You understand that it is making good profits. Look here, there is a mock button here along with the copy. Mock will click on the mock here. You will get fake fund
[06:11] click on the mock here. You will get fake fund mock fund $00 which will be temporary fund. It will neither be deducted from your wallet nor will it come into your wallet. But you want to check whether this copy trade really works or not. You have to
[06:23] click on the continue button. This trade will be mocked here. Fake in Mock means you have received fake funds to take the test. Here you can see how much, look here, a fund of Rs 10,000 has been received here. What is the ROI? Here,
[06:35] trader is making good profits. Then you have to copy this. Ok? This is fake, keep it aside. Now you have money. Learn step by step how you actually have to copy. From here, you can randomly select any trader who you think is a good trader. For
[06:50] example, I select this. This first one that is visible has 32% ROI. I click on the simple copy button. The trader will open in front of you. his portfolio etc. The trader will open in front of you. This looks like a Chinese
[07:04] free brother. Now see, there are two options here. Here, look above the two options, 10% is written. What does it mean? This means that whatever profit this expert pro trader makes, that is, $ profit he makes,
[07:19] 10% of it will be his. That means a profit of $ was made. 10% will go to this. It will cost you $90. There is a 10% sharing profit ratio here. After that here you can enter Fixed Ratio and Fixed Amount. Look here and understand it. Look here, we will first go over the fixed ratio.
[07:33] Look here, we will first go over the fixed ratio. Ok? $100 as you wrote it means you have a balance of $100. An amount has been kept. Now this trader places any trade
[07:47] of his portfolio. That means if he invests 10% in BTC then 10% of your 100 will be traded. After this he invests 10% in Ethereum, then your 10% will be traded from this money. It is a fixed ratio.
[08:05] here it is not like that you give money to someone, he will run away with your money. This is not the case at all. This only happens in the real world. But this function on Binance keeps the money inside your wallet. You just
[08:17] give this person enough authority to trade money on your behalf. Neither can he withdraw it nor can he transfer it to anyone else. This money remains in your wallet. This guy just gets the option of trading. It is fully
[08:30] secure. Now see, have you understood what fixed ratio places his trade with, the trade will be placed at that ratio from this amount. Now the most important thing is to After unchecking, the most important stop loss is recommended here. Meaning
[08:48] you have given a balance of $ here. Now you have to see how much loss your ribs can tolerate. Because in trading it is not 100% certain that you will make profit. Even this expert trader can make a mistake. It can also cause loss. Ok?
[09:01] Therefore, you must have loss protection here. You say that out of $100 I can You say that out of $100 I can afford a loss of 50% i.e. when the amount reaches $50 I cannot afford a loss more than this. It
[09:15] can you tolerate? You must invest a minimum of 50% here. You can also apply 10%. You can also put 90%, 90% means I can only afford a loss of $10. Ok? Stop loss is recommended. It is mentioned here also. You guys must definitely
[09:30] apply it. Scroll down. Subcent now see some people here understand that is, what is its use and how? You people don't know. So for that you can Click on the pencil button. As soon as you clicked on the pencil button, you will
[09:45] see 359 pairs in front of you, you have to uncheck it. Like unchecked, look here, the top coins BTC, Ethereum, Sulana etc. say that BTC, Ethereum, Sulana etc. say that
[10:00] trader copies your trade in these pairs. If you want to your trade will be placed. You can select from here. Click on the confirm button. Like you have clicked on the confirm button, I have terms and
[10:14] conditions and then you have to click on the confirm button. As soon as you click on the confirm button, tell you everything here. You have applied a fixed ratio. This is the amount and look here, this is your stop loss. Click on the confirm button. Your
[10:26] copy trading will start here. Ok? See, copy trading will be successful. Click on View Details. Look here, it has come in front of you. Now what does this mean? That means you have just given it $100 here. So
[10:38] why is there no profit and loss here yet? This means that this guy has not executed any trade yet. This does not mean that if you allocate so much funds then it will keep placing any trade randomly. They do proper analysis. When it sees
[10:50] that there is an entry point, that if we enter here and we get profit, then it will place the trade. It can also be applied after hours. One can also place one trade in the entire day. Someone places four trades. Accordingly, when it places a trade, you will get a notification.
[11:03] And whatever your realized profit or unrealized profit will be, all these things will be important thing here is that you have given this fund to him. This does can definitely take it back. Look here,
[11:16] All these things will be visible here. You have to see that it is well and good. All the history etc. will be visible here. All these three or four will be Look here, profit share will be visible. If you can
[11:30] things. Now the scene is something like this that if you want it to trade well then you can add more balance to it by clicking on add balance. You can also do the settings. Look at the ratios etc. here, you can reduce the stop loss etc.
[11:42] If you want to, I do n't want to continue trading with it anymore. Simply click on Stop Copying. Whatever balance you have deposited, it will simply come back to your wallet. Click on the confirm button and the money will be
[11:56] returned to your wallet. Copy trading is such a simple task. So friends, this was a simple way that even if you do not know trading at all, you you do not know trading at all, you
[12:08] educational video just to teach you guys. If you do any work , any trade, you have to do it at your own risk , if there is profit, you will get it and if there is loss, you will also suffer the loss. Therefore, do
[12:21] your research before investing any amount. The work of this channel is only to provide education to you people functions are available in the world of crypto and through this you can earn and again there is loss also in it. I hope friends you found this video valuable.
[12:34] So please give it a thumbs up. Share it with your friends. Please subscribe to this channel 90 is Mentor. Thank you.