#Binance #Copytrading

Tips for Selecting Copy Traders on Binance:

1. ROI (Return on Investment) - 7, 30, 90 Days:

Monitor ROI across these periods. Consistent and balanced performance is better than volatile results.

2. Profit & Loss (P&L):

Choose traders with steady profits and limited losses.

3. ROI Efficiency:

Focus on traders achieving stable returns relative to the capital used.

4. Maximum Drawdown:

A drawdown of less than 20% indicates lower risk.

5. Assets Under Management (AUM):

A high AUM reflects copier trust, but always analyze the trader's actual performance.

6. Sharpe Ratio:

A ratio above 1 indicates good returns compared to risk.

7. Number of Copiers:

A higher copier count is a positive sign but verify the trader’s actual results.

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Recommendations for Binance Copy Trading:

Select traders with consistent performance over 30 and 90 days and low drawdown rates.

Diversify your copied strategies to balance risk.

Regularly monitor trader performance and adjust your strategy as needed.

Binance provides powerful tools for analyzing data—use them to make informed decisions!