#MyFirstFeedPost Hello, Binance Square!

#nefhez #Turkey #swindler #copytrading

There's a trader on Binance named 'nefhez,' who falsely claims to be a securities trader and engages in copy trading. Despite being inexperienced and only betting on long positions, He gained popularity during this bullish market by sheer luck. He had opened around ten copy trading positions, all of which ended in losses, and He currently on He's eleventh attempt. He creates new accounts, but their ROI and PnL get wrecked, within 1 to 3 days. And then He delete the accounts. He repeat this cycle always.

This person even sells courses on Patreon. It's ridiculous that someone who can only take long positions is teaching anything. People new to copy trading on Binance should be extremely cautious. Binance should filter out unverified traders like this to prevent them from offering copy trading. For instance, implementing restrictions such as not allowing accounts with a loss rate of over -100% to open positions could be a solution. nefhez, for example, exceeds a loss rate of -300%(Minimum).