HOW I CHOSE A TRADER FOR COPY TRADING, AND WHY I DIDN'T WANT TO OPEN 20 ACCOUNTS
It turns out that on Binance Futures Copy Trading you can simply place traders side by side and compare them.
Up to 4 at the same time.
And it’s much more convenient than trying to remember:
that the ROI is higher;
the second one has a smaller drawdown;
the third one has a better Sharpe;
and which of them actually trades for longer?
In the table, you can see side by side the trader’s ROI, PNL, Sharpe Ratio, MDD, Win Rate, number of positions, trading days, number of copiers, and even the trader’s top assets.
The one thing I like most here is this:
When you look at one trader alone, a +80% ROI looks very convincing.
But when you place three more next to them and see the risk, drawdown, and length of the track record—the number already has context.
There’s just one nuance: the comparison feature is currently available in the Binance web version.
And the logic for me is simple:
not to look for the "highest ROI".
To look for a result whose risk I at least understand.
#CreateWithBinance #ShareMyTradFi #CopyTrading
It turns out that on Binance Futures Copy Trading you can simply place traders side by side and compare them.
Up to 4 at the same time.
And it’s much more convenient than trying to remember:
that the ROI is higher;
the second one has a smaller drawdown;
the third one has a better Sharpe;
and which of them actually trades for longer?
In the table, you can see side by side the trader’s ROI, PNL, Sharpe Ratio, MDD, Win Rate, number of positions, trading days, number of copiers, and even the trader’s top assets.
The one thing I like most here is this:
When you look at one trader alone, a +80% ROI looks very convincing.
But when you place three more next to them and see the risk, drawdown, and length of the track record—the number already has context.
There’s just one nuance: the comparison feature is currently available in the Binance web version.
And the logic for me is simple:
not to look for the "highest ROI".
To look for a result whose risk I at least understand.
#CreateWithBinance #ShareMyTradFi #CopyTrading