😓 My Experience with Copy Trading (Real Experience 🎁)
🔷 Around 3 years back, I joined Binance with full hope, curious about blockchain and cryptocurrency.
🔷 I traded spot, derivatives, and even used bots, but after several failed attempts, I looked for a cheap and easy way to earn — that’s when I chose copy trading.
🔷 I had no idea how to select good traders, what MDD, Sharpe ratio, or risk parameters meant.
🔷 I first copied 10 traders with $50 each (total $500 / ₹50,000). Most liquidated me, and even the profitable ones gave poor returns.
🔷 One day, I found a Chinese/Japanese trader using API/Bot trading, consistent for 800+ days. I invested $1000 (₹1 lakh) with full confidence.
☺️ The moment I entered, he dumped everything. My $1000 became $0 within minutes. I was devastated — it was my father’s hard-earned money.
🔷 Left with $700, I copied a trader with low MDD and consistent profits (not a bot). His DCA strategy looked attractive.
☺️ On a bad day, he kept adding positions, bringing liquidation closer. When there was no escape, he closed the copy portfolio. I was lucky to recover $200.
🔷 With the last $200, I copied 20 high-profile traders ($10 each) showing 1000%+ 30D ROI. I thought at least a few would survive.
☺️ Shockingly, not a single one sustained — all got liquidated.
👀 So what’s the lesson?
👉 Big money in copy trading is mostly a trap. Whales wait for followers and liquidate them. Your loss is big, theirs is negligible.
👉 Profits are shared (10–30%), but losses? No responsibility — only silence.
👉 If you don’t research properly, you may face the same experience as me.
👍 At the end, it’s your money, your responsibility.
