Dewayne
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Hi everyone, today I'm going to share some information with you regarding copy trading and its advantages.
In actuality, copy trading is intended for individuals who wish to invest in trading but lack the necessary trading experience or who are afraid of losing money on their own. For their treading, they therefore selected professionals.
Let's check the image. This image shows the Binance homepagem
Where five alternatives are shown downstairs. Home, marketing, trades, future, wallet. Then just select trades.![Backhand index pointing down :point_down: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f447.png)
![Backhand index pointing down :point_down: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f447.png)
___________________________________________
Several additional functions show up on the screen. Above the page, there are more than six options.
Convert, spot, margin, bots, copy buy, p2p others.
Then just select copy.
Then another page will be displayed options with future and spot
Just select on spot.![Backhand index pointing down :point_down: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f447.png)
![Backhand index pointing down :point_down: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f447.png)
After selecting "Copy," and "spot" the crucial section appears. You will see a number of knowledgeable traders there, but you don't know them personally, so how can you determine who is the most knowledgeable and who will be profitable?
You then have to monitor their ROI (return of investment) And observe how many people watch his trading activities.
ROI displays the percentage and graphed profits of investors and traders. Take a look at the screenshot now. Two experts are currently ranked highest by ROI, with earnings of 18.02% during the last seven days. Next has ROI, with 16.56% profit during the last seven days.![Backhand index pointing up :point_up_2: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f446.png)
![Backhand index pointing up :point_up_2: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f446.png)
![Backhand index pointing up :point_up_2: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f446.png)
___________________________________________
Next, you must choose a candidate based on their return on investment (ROI) and look into his current following and copiers. Out of 500, 499 persons have already reserved his copy trading. I now have 18.02% chosen based on ROI.
Just click the copy button, which is shown on a yellow a background and has black text on it.
__________________________________________
when you click "copy" after choosing "expert." Then, fix ratio and fix amount are the two alternatives available.
First, let me clarify what does mean by "fix amount." This is especially for newcomers.
After selecting "fix amount,"
Options appear on the screen.
Cost per order, copy amount, total stop loss.
Cost per order.
$10 minimum.
Copy amount.
$10 minimum.
Total stop loss.
$1 or $2
The option to cost per order is for trading.
The minimum cost per order for trading is $10, although an expert should involved $10 for my side.
The option to copy amount is for investing.
A $10 investment is what you should put down.
A $100 copy amount option will result in an expert trading $10 each trade. You could only make one deal with experts if you put down $10.
The total stop loss option.
you can quit trading if you're losing.
Suppose you invest $2, experts initiate $10 transactions. If you lose $2, your copy trade stop instantly, and the remaining funds will be sent to your spot wallet.![Backhand index pointing up :point_up_2: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f446.png)
![Backhand index pointing up :point_up_2: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f446.png)
_________________________________________
Now i would like to explain fix ratio to you.
After selecting "fix ratio"![Backhand index pointing down :point_down: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f447.png)
![Backhand index pointing down :point_down: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f447.png)
Options appear on the screen.
Copy amount, total stop loss.
copy amount.
$100
Total stop loss
$2 or $5
In fix ratio of copy amount.
once you enter the minimum of $100. Experts claim that if he can trade with $100, he can do so at a rate of $10 per trade or all in.
In fix ratio of total stop loss.
When experts lose $2 out of $100, copy trading will stop after you enter the $2 or $5.![Backhand index pointing up :point_up_2: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f446.png)
![Backhand index pointing up :point_up_2: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f446.png)
_________________________________________
Choose a cryptocurrency for copy trading. choose your preferred cryptocurrency by clicking on it (pair preference
)
I advise newbies to avoid trading on bitcoin, ethereum, bnb, bch, sol, ltc, xrp, doge, trx, and usdt.
Choose a low price or pick ten recently listed crypto currencies.
Next, select two![Check mark button :white_check_mark: โ](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/2705.png)
, and then press Confirm.
After that, you will see trading details. When you wish to stop the copy trading, click on copy details. When you go to copy details, the close/end option is visible downstairs.
Low risk low profits high risk high profits.
In actuality, copy trading is intended for individuals who wish to invest in trading but lack the necessary trading experience or who are afraid of losing money on their own. For their treading, they therefore selected professionals.
Let's check the image. This image shows the Binance homepagem
Where five alternatives are shown downstairs. Home, marketing, trades, future, wallet. Then just select trades.
![Backhand index pointing down :point_down: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f447.png)
![Backhand index pointing down :point_down: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f447.png)
___________________________________________
Several additional functions show up on the screen. Above the page, there are more than six options.
Convert, spot, margin, bots, copy buy, p2p others.
Then just select copy.
Then another page will be displayed options with future and spot
Just select on spot.
![Backhand index pointing down :point_down: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f447.png)
![Backhand index pointing down :point_down: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f447.png)
After selecting "Copy," and "spot" the crucial section appears. You will see a number of knowledgeable traders there, but you don't know them personally, so how can you determine who is the most knowledgeable and who will be profitable?
You then have to monitor their ROI (return of investment) And observe how many people watch his trading activities.
ROI displays the percentage and graphed profits of investors and traders. Take a look at the screenshot now. Two experts are currently ranked highest by ROI, with earnings of 18.02% during the last seven days. Next has ROI, with 16.56% profit during the last seven days.
![Backhand index pointing up :point_up_2: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f446.png)
![Backhand index pointing up :point_up_2: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f446.png)
![Backhand index pointing up :point_up_2: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f446.png)
___________________________________________
Next, you must choose a candidate based on their return on investment (ROI) and look into his current following and copiers. Out of 500, 499 persons have already reserved his copy trading. I now have 18.02% chosen based on ROI.
Just click the copy button, which is shown on a yellow a background and has black text on it.
![Backhand index pointing down :point_down: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f447.png)
![Backhand index pointing down :point_down: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f447.png)
__________________________________________
when you click "copy" after choosing "expert." Then, fix ratio and fix amount are the two alternatives available.
First, let me clarify what does mean by "fix amount." This is especially for newcomers.
After selecting "fix amount,"
Options appear on the screen.
Cost per order, copy amount, total stop loss.
Cost per order.
$10 minimum.
Copy amount.
$10 minimum.
Total stop loss.
$1 or $2
The option to cost per order is for trading.
The minimum cost per order for trading is $10, although an expert should involved $10 for my side.
The option to copy amount is for investing.
A $10 investment is what you should put down.
A $100 copy amount option will result in an expert trading $10 each trade. You could only make one deal with experts if you put down $10.
The total stop loss option.
you can quit trading if you're losing.
Suppose you invest $2, experts initiate $10 transactions. If you lose $2, your copy trade stop instantly, and the remaining funds will be sent to your spot wallet.
![Backhand index pointing up :point_up_2: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f446.png)
![Backhand index pointing up :point_up_2: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f446.png)
_________________________________________
Now i would like to explain fix ratio to you.
After selecting "fix ratio"
![Backhand index pointing down :point_down: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f447.png)
![Backhand index pointing down :point_down: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f447.png)
Options appear on the screen.
Copy amount, total stop loss.
copy amount.
$100
Total stop loss
$2 or $5
In fix ratio of copy amount.
once you enter the minimum of $100. Experts claim that if he can trade with $100, he can do so at a rate of $10 per trade or all in.
In fix ratio of total stop loss.
When experts lose $2 out of $100, copy trading will stop after you enter the $2 or $5.
![Backhand index pointing up :point_up_2: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f446.png)
![Backhand index pointing up :point_up_2: ๐](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/1f446.png)
_________________________________________
Choose a cryptocurrency for copy trading. choose your preferred cryptocurrency by clicking on it (pair preference
![Black nib :black_nib: โ๏ธ](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/2712.png)
I advise newbies to avoid trading on bitcoin, ethereum, bnb, bch, sol, ltc, xrp, doge, trx, and usdt.
Choose a low price or pick ten recently listed crypto currencies.
Next, select two
![Check mark button :white_check_mark: โ](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/2705.png)
![Check mark button :white_check_mark: โ](https://cdn.jsdelivr.net/joypixels/assets/7.0/png/unicode/64/2705.png)
After that, you will see trading details. When you wish to stop the copy trading, click on copy details. When you go to copy details, the close/end option is visible downstairs.
Low risk low profits high risk high profits.