Does Your Copy Trading Actually Work?

Coinmatics
Jul 31, 2020 · 3 min read
Get profit with top traders today!

Imagine that you’re sitting in your comfy chair, drinking green tea, and looking at the laptop screen depicting the page with your Binance wallet. And the money is going up. Marvelous, isn’t it?

You can achieve it by using the simpliest formula:

profitable trading strategy + money deposit + safe copy trading platform (let it be Coinmatics) = constant passive income.

But then smth happens: suddenly there are fewer changes on the exchange balance and you decide to have a look at your Coinmatics copy trading account.

OMG! Success rate of copy trading is less than 50%!

The most common reasons:

  • your portfolio does not match the trader’s portfolio, so the system can’t make a transaction in a coin that you don’t have.
  • you don’t have enough money on the exchange balance, so some orders placed by you are below the minimum amount and transactions can’t be conducted. We recommend having at least $200 for successful copy trading (the more the better).
Example: the system can’t copy the deals as the user doesn’t have enough DASH coin

As mentioned above, be sure that your portfolio is similar to the trader’s asset allocation.

You can compare the trader’s allocation of assets and yours in Portfolio. If they are different you need to align your portfolio.

How to align yours and the trader’s portfolio?

Tip!

We recommend converting all your coins to BTC or USDT before the auto alignment operation for better results.

So, the system will do everything for you. As a result, when the balance is adequate and the portfolio has been aligned, Success Rate should be on the highest level.

May the tailwind inflate your profits!

Coinmatics. Trade With The Best.

Continue reading:

What Are Copy Traders Afraid Of?

How to start copy trading and get profit today? The guide you’ve been looking for so long.

5 upgrades which have made Coinmatics the most convenient crypto trading platform ever

Make sure to subscribe for more!

Coinmatics

Copy Trading Platform for crypto traders. Replicate performance of our successful traders straight on your Binance account.

Coinmatics

Written by

Copy Trading Platform for crypto traders. Replicate performance of our successful traders straight on your Binance account. https://coinmatics.com

Coinmatics

Copy Trading Platform for crypto traders. Replicate performance of our successful traders straight on your Binance account.

Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore

If you have a story to tell, knowledge to share, or a perspective to offer — welcome home. It’s easy and free to post your thinking on any topic. Write on Medium

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store