Are you interested in spot copy trading at Binance to copy the trades of the lead traders?
Here are two of the most important tools you will want to use when evaluating the lead trader's results to decide whether or not to copy it:
1) The first tool is the "Copy Trader PNL" filter:
- You can find it in the spot copy trading main page (portfolios page).
- It is available only at the web browsers (mobile & desktop), and not available at the android mobile APP ( not sure about IOS mobile APP).
- While the PNL, ROI & MDD filters don't reflect the real or the Net results for the accounts as they only shows the ( change ) in results from the filter period start to the end, The "Copy trader PNL" is reflecting the USDT amount (net profit) gained to the copy traders during the entire copying period (not the filter period only) Without taking into account the differences in the funds amount managed by each account.
In other words, this filter shows you the amount of real net profit (gains minus losses) that the lead trader has made for the copiers throughout the period of the account’s existence since its begining. Therefore, when you find an account at the first ranks in this filter, especially if it manages a small funds amount, it is undoubtedly an account worth examining and seeing the rest of its statistics to know whether to copy or not.
- The "copy trader PNL" value does not appear on the account from outside, you have to open the lead account to see its value and compare it to the AUM (It's called "copier pnl" inside the account page).
2) The 2nd important tool is the chart that you find it when you open a lead trader account page:
- This chart can be set to ROI or PNL.
- The last day at this chart shows you the real net results for that copy account unlike the ROI & PNL filters in the main page which only show you the change in results depending on the filter period.
- You can use it to see the development of results day by day within a maximum of 90 days.
Thanks for reading and if you are interested in the spot copy trading then you can copy my Spot lead trading account.
I offer you wise trading with cumulative profits whatever the market situation is, and without a significant drawdown in the bear market.
Check my results yourself, copy my account, let me take care of your portfolio 24/7, get rid of the constant stress and go touch some grass.
- My spot lead trading account name is: MetaFOX_CR (you can use the seach box at the spot copy trading main page to find me).
- Copying Settings:
1- Use Fixed Ratio or you will lose (Don't use the Fixed Amount option).
2- Recommended minimum amount is $700 (if less: will not cause a loss, but you may miss some of my trades).
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