The series “Traderwagon Copy Trade platform on Binance” for investors includes the following sections:

  • What is Traderwagon? Review Copy Trade Binance leading platform

  • Instructions for registering a Traderwagon Account linked to Binance to Copy Trade

  • Instructions for Copy Trade on Traderwagon and how to choose excellent traders

  • Instructions to become a Lead Trader on Traderwagon

In today's article, my friends and I are in the section "Instructions for Copy Trade on Traderwagon"

Instructions for copying Traderwagon liquidity transactions on Binance

From the homepage interface, scroll down to see the list of top traders here.



You can choose to copy the transactions of traders with the word "Copy", and traders with the word "Full" currently have enough people to copy.



But be careful, choosing a bad Trader as well as setting incorrect parameters can cause your account to burn out

You need to pay attention to the following information from a Lead Trader, the red color is the one I emphasize the most:

  • ROI: Profit calculated in %.

  • PNL: Profit calculated by trading assets

  • Win rate: in %

    • If you choose Lead Trader, don't be too attracted by the above 3 parameters because the above parameters only reflect the short term, not the long term. Many of you wonder why you copy some Lead Trader with nice parameters and then trade for a few days. I feel like my account is burned out because 1, they use tricks to create beautiful images, 2, they bet on DCA which is much larger than your capital and other reasons. So please pay attention to the parameters below

  • MMD: Account maxdown calculated in %. MDD is one of the risk indicators. The higher the MDD, the greater the risk. My opinion is divided into levels as follows: 10-20% is super safe, 20-30% is safe, 30-50% is moderate and 50-80% is risky.

  • View Lead Trader's Profile: Few people pay attention to looking at Lead Trader's closed categories and open categories. For example, in the picture below, when I look at 16 closed categories, 14 have a history of fire alarms, while 3 open categories are about to burn out, 1 has an MDD level of 60%, which is not good at all.



If you want to understand more deeply the criteria for choosing a good Trader for us to Copy, you should refer to section 2 of the article written by myself, What is Copy Trade? Copy Trading Guide from Excellent Trader

For those of you who trust that KTS will not burn your account in the long run and have stable profits year after year, but want to Copy Trade according to KTS's Lead Trader trading account, please contact us via Website. trungvanhoang.com please

Digital transactions can increase coins or increase dollars. For dollars, it is USDT, and to increase Coins, there are BTC, ETH, BNB, XRP, NEAR for those of you who want to both Hodl Coin and increase Coins.

After Copying, you set the parameters including:

  • The amount you want to Copy: you need to have USDT or BUSD for Dollars and Coins for Coins in your Binance Spot wallet to be able to Copy.

  • Choose a fixed rate or fixed amount: I recommend you choose a fixed rate because professional Lead Trader has his own way of managing capital, so it's better to follow it or read the description carefully to see what professional Lead Trader recommends. What mode should you choose? Of course, be careful with Lead Traders trading negative DCA, you may burn before the Lead Trader burns, so if you find the Lead Trader has a too risky strategy but still want to Copy, you can combine the Cut Loss Portfolio parameter. Invest below



  • Take profit from your portfolio: that is, at what % your portfolio profits, you stop copying. Personally, I think I will rarely use this mode unless you see Traders trading risky but still want to win with them.

  • Stop portfolio loss: that is, no matter how much your portfolio loses, you stop Copying. This mode should be used and you should set the maximum standing threshold that you can tolerate. Especially for traders trading negative DCA, you should place it

  • Turn on/off low leverage mode: I recommend turning this mode off because professional Lead Traders intend to use their own leverage. However, if you feel that Lead Trader is too risky to bet on any order with high leverage but you still want to Copy someone, you can turn on this mode to customize the Copy of someone's trading strategy but limit the leverage. .



  • Advanced settings: that is, after you close take profit and cut loss on your portfolio, do you want to continue copying or not? Personally, I think there is no need to install this advanced feature because after closing the portfolio you need to consider whether to continue copying or not.



Next article: Instructions for becoming a Lead Trader on Traderwagon

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Source: https://trungvanhoang.com/huong-dan-copy-trade-traderwagon-thanh-khoan-san-binance/

Wishing you success