From "Word of the Day" to "Today's Profits".. How do you start right? 🚀💹
The WODL competition has ended, which taught us the terms of Copy Trading. But the most important question is: how do we turn these terms (like DATA and TRADER) into real profits?
Here’s my advice today for anyone wanting to try "copying" whether on Binance or Bybit:
Don’t just chase the big numbers: a trader who makes 1000\% profit in a day can lose it in an instant; look for stability.
Analyze the data (DATA): check the trader's history (Drawdown) and risk before you deposit your money.
Diversification: don’t put all your capital with one "Trader"; spread your investment to reduce risks.
Learning is the first step to profit, and the competitions were just the beginning!
My question for you:
What platform do you currently prefer for the "Copy Trading" feature? And why? Share with us in the comments! 👇
#Binance #copytrade #crypt #tradingStrategy