Beparanf
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October 14, 2022, 09:23:11 AM |
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Crypto exchange like Bybit or Kucoin doesn’t have that kind of strict requirements when it comes to lead trader because it’s based on your ROI and winning rate to become lead trader. Lead trader feature is only available on bot trading and not on regular spot or futures trading. Copy trade on exchange are meant for traders that use the bot so you can become a lead trader without being notice by you if you setup your privacy that allow copy trading.
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| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
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justdimin
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October 15, 2022, 03:38:21 PM |
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Crypto exchange like Bybit or Kucoin doesn’t have that kind of strict requirements when it comes to lead trader because it’s based on your ROI and winning rate to become lead trader. Lead trader feature is only available on bot trading and not on regular spot or futures trading. Copy trade on exchange are meant for traders that use the bot so you can become a lead trader without being notice by you if you setup your privacy that allow copy trading.
At the end of the day, lead trader is something to be careful about and there are not that many people who would be able to do that without needing some technological input. I mean it is clear that there is a need for a bot trading, or some signal tools, or something of another, because without those things you are not going to end up with anything good in the long run. People who trade manually without needing anything else are not professional traders and they can't be at the top. However, you could end up with something that is doing a lot better and you would be profiting at a level where others can't if you do long term investment instead of focusing on lead trader.
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Wakate
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October 15, 2022, 11:55:03 PM |
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This is not an advice for any newbie to use copy trading. I have seen many lead traders that are copied but losing. This is just about knowing if lead traders are truly making much money.
I mean lead traders to be those traders that newbies are automatically copying their trades.
Are you a lead trader? If you are, what is the best crypto exchange you can be a lead trader and what is the maximum profit in percentage?
Copy trading can be very profitable based on different factors that need to be put in place. The market is very strict so we need to ensure we copy trade someone that has good knowledge about the crypto market and that has a good result as a trader. Someone can copy trade on Binance and some of the famous exchanges we have in the market. One if the problem of copy trading is one can go and copy trade as the wrong time which can cause heavy loses in the crypto market is not in a bullish trend.
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Shinpako09
Legendary
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October 16, 2022, 01:53:43 PM |
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I tried copy trading last month since I saw lots of content creators in tiktok making a profit from it. I just want to know if it's real and don't have a confidence on it so I tried with 10 bucks only and chose a trader with almost perfect rating. The first two days was fine, after that his/her ratings sank in my third day following that trader and so on. If you are just curious like me, try it with $10 bucks to see it for yourself but imo better do it yourself when it comes to trading.
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lixer
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October 16, 2022, 06:53:21 PM |
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It was profitable depending on what strategy you have been following. Most newbies are doing this just for the sake of having an experience but of course, not all it works so well and fast adoption that even it was profitable, losses are still there. But I think the idea to keep doing this is not good as it encourages to make our own strategy because the market behavior has changed and we need also to adapt to the condition of the market making these old strategies may not work well.
Follow trading is never been a good thing on making yourself learn about it.Its better to stick into manual.Main reasons on why newbies do tend to follow is that they are going for the easiest way on making profits and this is where things ends up on which they do plan to follow someone.I do hear off on eToro which there are lots of feedbacks that there are people who do really make money with that but i dont really believe that it is really that something worth to do so. People who are on those been followed are the ones who really make money due to those fees i believe. Maybe there are pro traders who can explain on why they did that move, if that so then it's possible to learn on them but I think most copy trading doesn't work like that. You can only copy the outcome of their analysis. This is why it's better to learn on our own. As usual, there will always be people who look for shortcuts. They don't want to venture the hard road so they will use a copy trade. Etoro has this service but the reviews that they put can be one of their ways to market this service. They and the trader that is been followed are mainly the ones who earn a profit. Those who pay for such service can make a profit but that will be greatly lessened due to fees.
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AmoreJaz
Legendary
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Leading Crypto Sports Betting & Casino Platform
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October 16, 2022, 11:26:37 PM |
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I tried copy trading last month since I saw lots of content creators in tiktok making a profit from it. I just want to know if it's real and don't have a confidence on it so I tried with 10 bucks only and chose a trader with almost perfect rating. The first two days was fine, after that his/her ratings sank in my third day following that trader and so on. If you are just curious like me, try it with $10 bucks to see it for yourself but imo better do it yourself when it comes to trading.
there is nothing wrong to experience copy trading as you will get a hold of why they are being promoted. as you said, try it with small funds, so if ever you lose, it is not hard from your pocket. copy trading is only good if you have no time and trying to understand the trading market. but it is still best if you learn it on your own, as you can gain some insights that are not being shared publicly and you will only learn by experience. just an example is - how to spot a potential pump and dump coin. if you have no experience, you have no idea that the team is about to rug pull. but by experience, you will know the warning signals if they are about to abandon the coin.
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chaser15
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Undeads.com - P2E Runner Game
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October 16, 2022, 11:38:32 PM |
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This is not an advice for any newbie to use copy trading. I have seen many lead traders that are copied but losing. This is just about knowing if lead traders are truly making much money.
I mean lead traders to be those traders that newbies are automatically copying their trades.
Are you a lead trader? If you are, what is the best crypto exchange you can be a lead trader and what is the maximum profit in percentage?
Lead traders, professional traders, big traders, or any trader that already reach the top-tier knowledge of doing trades are still committing losses. There's no perfect trader that has perfect winning stats. But the good thing is that their winning stats are impressive and good. In copy-trading, don't expect that it's always a win. More importantly, enough funds should always be there to keep up with that copied trader's activity. Not every day is the worst day and for sure, they can hit a good trade within a short period of time.
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agustina2
Legendary
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October 16, 2022, 11:59:13 PM |
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This is just about knowing if lead traders are truly making much money.
To be on the list of traders that will be used as a reference for those who want to use copy-trading, it's difficult to achieve and be put there. On a trading platform, E-toro which is known for its copy-trading feature, I think the candidates should really have good stats to be considered. So my answer is yes, lead traders are truly making money as they won't reach their top status if they are not.
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libert19
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October 17, 2022, 03:30:19 AM |
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I wouldn't use it, just cause it causes dependency. Anyhow, if you were good trader why would you need to sell your trades?
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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UserU
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October 17, 2022, 06:21:04 AM |
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I wouldn't use it, just cause it causes dependency. Anyhow, if you were good trader why would you need to sell your trades?
Some platforms incentivize traders with followers, or copy traders. So if you have a stable or profitable track record, people tend to follow you and their trades will make you money.
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ethereumhunter
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October 17, 2022, 06:31:22 AM |
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I am not a daily trader and only take advantage of the market situation to trade. But maybe many people use copy trading to trade because they follow professional traders and have a lot of money to trade.
But I believe professional traders can make a lot of money because they can analyze the market situation and know what to do. The thing to remember from all this is that whatever you choose, you have to be able to analyze and if you want to use copy trading to trade, make sure you follow someone with good judgment and you should also analyze before following him to trade. That way, you can avoid or minimize the risk of loss when the market reverses direction.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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crwth
Copper Member
Legendary
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Try Gunbot for a month go to -> https://gunbot.ph
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October 17, 2022, 06:45:13 AM |
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If you know what's going to happen with the market, then you can really be a lead trader. But in this world, there's no perfect prediction so lead traders can always make mistakes with the current market. There are just too many variables that would affect the current condition. It's everyone's ball game. Are you a lead trader? If you are, what is the best crypto exchange you can be a lead trader and what is the maximum profit in percentage?
In terms of having the best crypto exchange, I think you would select the one that has the least fee per trade so you can get the most out of your trades. In general, it's just the same as long as you are trading in the correct way.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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blue_hurricanger
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October 17, 2022, 10:17:47 AM Last edit: October 18, 2022, 10:22:34 AM by blue_hurricanger |
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I wouldn't use it, just cause it causes dependency. Anyhow, if you were good trader why would you need to sell your trades?
Some platforms incentivize traders with followers, or copy traders. So if you have a stable or profitable track record, people tend to follow you and their trades will make you money. aka they want to increase the liquidity on their exchange. Most people don't understand copy traders only work when it was at a certain number of followers, enough to not tip the balance of demand and supply, buy and sell orders. Too much, you might as well just add more liquidity to a coin or exchange, reducing the spread. Or provide the liquidity for someone to dump their bag.
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Natalim
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October 17, 2022, 12:13:22 PM |
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I wouldn't use it, just cause it causes dependency. Anyhow, if you were good trader why would you need to sell your trades?
This is really the case to think why I don't trust people who provide signals. Might say it was selfish not to share with others but I see this is more realistic than claiming their signals are good and right. Because the truth is that nobody has able to predict the market and all of these signals are just their speculations bound to be wrong. We'd rather make use of our knowledge and skill to create our own strategy, maybe this will work even better than others.
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UserU
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October 17, 2022, 12:21:44 PM |
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aka they want to increase the liquidity on their exchange. Most people don't understand copy traders only work when it was a certain number of followers, enough to not tip the balance of demand and supply, buy and sell orders. Too much, you might as well just add more liquidity to a coin or exchange, reducing the spread. Or provide the liquidity for someone to dump their bag.
Correct, but it's more of a two party agreement. By the way, some platforms aren't solely dealing with crypto, so we're talking forex and stocks as well. It's a win-win situation since brokers can utilize this as a marketing boon, while end users are more than happy to leave their monies managed.
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Awaklara
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October 17, 2022, 12:46:00 PM |
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I wouldn't use it, just cause it causes dependency. Anyhow, if you were good trader why would you need to sell your trades?
it's not like selling our skills in trading. those who create accounts to share and follow trades do indeed get some of the profits from the followers. but they don't sell it. copy trading is indeed quite helpful for those who do not have enough time to do analysis. but choosing a trader to follow of course must be careful. we can choose pro traders who do have a pretty good trading record. although the use of copy trading can be quite profitable. but I would not suggest its use. the risk will be greater, and the planning is not made by us.
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YOSHIE
Legendary
Offline
Activity: 2212
Merit: 1779
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October 17, 2022, 02:04:56 PM |
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Are you a lead trader? If you are, what is the best crypto exchange you can be a lead trader and what is the maximum profit in percentage?
I have an exchange called global MEXC, of course I'm not talking about Binance generally know how to trade on Binance, but my trading method on global MEXC I focus on trading ETFs, 5% profit per two days/week I get. My goal is only for a few types of ETFs, I have been trading against the past few months until now, with good results, I did that because the crypto market is not stable, the method I take is simple, namely: Bitcoin goes up 3% ETF goes down 5% and so on, on the contrary, I'm talking about counter trading, not spot trading, Futures & Margin, that's another method. I have considered the ETF counter trading method a good move I am currently doing as my main trade.
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PX-Z
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 17, 2022, 02:19:26 PM |
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This is not a question of how profitable it is but how effective it is. Profit will depends on the amount traded. And the effectiveness or choosing whom to copy is the most important. It might be very efficient because you just copy someone else trade but becoming dependable to others but usually is the path of getting wreck.
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TheUltraElite
Legendary
Offline
Activity: 2982
Merit: 1311
So anyway, I applied as a merit source :)
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October 17, 2022, 03:33:54 PM |
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This is not an advice for any newbie to use copy trading. I have seen many lead traders that are copied but losing. This is just about knowing if lead traders are truly making much money.
I dont find the concept of copy-trading to be something profitable. I prefer doing my own research and then placing my trades such that if I lose money I know whom to blame, myself. This gives you confidence that you are in full control over your profits and it is not that someone is being a big guy and telling you how to trade. Besides, if you are trading on something without knowing what is the basis you will never learn but be like a machine copying someone. That movement which the bigger trader saw in order to start that trade, may have already crossed its time and hence you buying/selling after that may be a wrong move. I prefer doing spot, but if someone finds copy-trading to be profitable, by all means go with it.
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kamvreto
Legendary
Offline
Activity: 1974
Merit: 1157
MAaaN...!! CUT THAT STUPID SHIT
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 17, 2022, 05:20:21 PM |
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Copy trading is a system that copies other people's trading lists on trades that we make on a connected platform. If you ask copytrading profitable or not, the answer is not always profitable, it depends on the person you copy, if they have a good strategy, good management of profits will be obtained. and choosing a trader should look at some of the recommendations of traders who have a good track record. Do not choose a trader without even a minus. Traders and investors (yourself) as well as the platform used both benefit if trading is successful and provides a profit. Every profit will be shared with the trader, you as an investor and the platform used as a place for copytrading. Don't rely too much on copytrading, it won't get any better. honing trading skills is very important so as not to depend on anyone.
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