STORY OF SAIRA
Saira is a noob in crypto. She recently entered crypto world and wants to earn money through trading to achieve her goals, but she don't know how to trade and she's been hearing about all the losses people had in Crypto recently. So she's confused what to do but don't worry Saira there's something that could help you trade safely and make good profits even when you're a beginner.. wow right?
SOLUTION TO HER PROBLEM
Let me tell you how.. remember the article I published about An amazing exchange Bityard? Don't worry if you haven't read it yet here's the link for you and you'll know from where you are going to begin..
BITYARD
Bityard is one of the best Crypto exchange with unique and helpful features to help you trade safely without any fear and with fun.. here's how..
Well if you read the previous article now let's get back to where I was.. And let me share a secret to success with you guys..
BITYARD COPY TRADING
If you're a beginner and you want to trade crypto but you're afraid you might make wrong decisions and loss your money, well no worries you can do Copy trading on Bityard and take profits without doing much.. you want to know how? Let me explain in some simple steps but first let's see what what Copy trading is..
Copy trading is a way through which one in crypto can Copy the trading strategies of other popular traders or the positions opened or managed by them.
You can do this by connecting a part of your portfolio to the portfolio of an experienced trader of your choice..
Amazing isn't it? It is beneficial for both beginners and experts, beginners can just copy trades or trading strategies and by doing this they can earn and learn together. Isn't it great? Being a beginner what else you want?
COPY TRADING GUIDE
Now let's see a quick guide on how you can Copy Top traders on Bityard.
Following are the simple steps to do that.
1) Login to bityard or if you're new there just register through some simple steps..
After you've created your account and you login to Bityard
2) Click on the option that says *Copy trading*
remember You should have balance in your account (USDT) at least 10$ to start the copy trading.
2) You'll see a list of top traders to copy trades from, you can simply click on one of them to select as they're in top traders, based on their overall performance (30 day trading history, profit ratio etc).
you can click on their avatar to see their trading history and followers they have also another trade details they have, such as profit and loss ratio, win rate, mid term long and short term trades, etc so select one that could be the perfect match for your trading goals.
So if you like you can go for one of the traders from the list but if you have specific goals or requirements you can just go to the option "Filter" and set few requirements you want in your trader like, trading days, profit or loss ratio etc.
When you're done click on save button, many results will show up based on your added requirements you can select any one from them after you select one you'll go to the "Copy Trading setting page".
METHODS TO COPY A TRADE
you can Copy trades from two ways.
1)FIXED RATIO
In Fixed Ratio you can copy a trader Based on the trader's position margin.
In fixed ratio copying Trader is asked to put the ratio between 10% to 200% and warranty value in usdt and then user is asked to set daily copy margin.
ADVANCE SETTING
Also in advance setting you can set stop loss and max position amount so when your position reaches with trader's position, the order will no longer be followed and when you set stop loss and your trade goes down to that price the trade would be closed automatically.
2)FIXED COUNT
Through this way you can add a certain fixed amount you want to be used for copy trading with your trader.
If you want to do it this way, Then select the amount you want to use from 10$ to any fixed amount for copy trading, The amount you want to be automatically added to the trade that your selected trader opens that would be the amount you would add there.
For example if you add 30$ then only 30$ would be used from your balance for the copy trade.
MAX DAILY MARGIN
Also the important part, don't forget to set Max daily Copy margin.
If you do this, then only the amount you've fixed for daily trade would be used in copy trade every day. After reaching the amount you'll automatically stop copying the trader.
ADVANCE SETTING ( STOP LOSS ) and MAX POSITION AMOUNT
The advance setting is same in both ways you set stop loss ratio or close order strategies with your copy trader so when your Stop loss ratio is reached your trades would be closed automatically and you won't lose more money.this means bityard gives you full control over your trades you can control when to enter and when to leave.
And being a noob trader you should start with the Fixed count method that's what bityard suggests in general. But both the ways are easy to follow so select any way you're comfortable with.
After all the settings are completed, click on Copy and you're done it's that simple.
You can check your copy trading details in Copy trade setting.
And you can also unfollow any trader you want, if you don't want to copy him anymore, just click on Edit button and unfollow him and then you can follow another trader.
And that's all you'll be able to learn from their strategies and earn too when they set a trade with good analysis that you don't know about, see Saira, it is that easy to make money with Bityard copy trading even if you're a beginner, I hope it helps.
BONUS POINT (SPOT COPY TRADING)
Another good news for spot traders is that Bityard would soon bring the copy trading option for spot as well and then people like me that are into spot trading would be able to enjoy profits through the most beginner friendly exchange BITYARD.
CONCLUSION
In conclusion it could be said that Bityard is the most Beginner user friendly exchange and the copy trading on Bityard is easy and provide opportunities to both beginners and experts to earn and learn without doing much. So it is safe to used based on high profit and win ratio and provide you with the best traders to copy from.and you can also become a trader if you are an expert and have the best winning ratio you can apply to be a trader that others could follow for that you must complete the KYC.
This is my entry for the Bityard review content contest for Club1BCH users ✨
My Bityard UID
556280119598399488
THANKS FOR READING
