What are you thinking?
Bitget's copy trades are of high quality, and even beginners can make a profit by leaving them completely unattended.
However, it is up to the trader to make money, so choosing a trader is important.
Some traders show high-profit margins, so it is recommended that you make comparisons and examinations after firmly holding down the points.
This time, we will explain Bitget's recommended traders and how to choose excellent traders.
After reading this article, you won't fail in choosing a trader anymore!
Roughly speaking
Many traders are enrolled in Bitget, and they are listed in order of ranking.
Therefore, recommended traders can be seen at a glance by opening the copy trade screen!
Bitget's recommended traders have the following two features.
It is the total profit from the trader's registration to the present.
The higher the total rate of return, the more stable and long-term earnings you have, so be sure to check it.
However, some traders are inflating their profitability, so it is essential to check the profit details.
For example, this trader has a decent total rate of return of 49.68% and a decent profit within three weeks.
But if you look at the details ...
There are 30 "orders currently being copied", all of which have been lost.
In other words, you can see that the total profit and loss ratio is inflated by closing only the profitable positions and continuing to drop the positions with losses.
The number of followers tells you how famous the trader is.
In copy trading, "earning traders = popularity, " so more followers are more popular and recommended.
Bitget has so many copy traders that most people wonder who to follow.
To avoid failing in choosing a trader, let's compare and judge based on the following points.
If you are interested, check the top screen and the profit details.
You can check some information on the top screen, but you can review more specific numbers and history in the earnings details.
As mentioned earlier, there are cases where there are many unsettled unrealized losses, so it is essential to check each one carefully.
Since Bitget limits the number of followers, the traders you want to follow are full and cannot follow.
In that case, it is common to choose another trader.
However, if you want to follow the trader, use the vacant seat reminder feature to get them notified of the availability of followers.
Copy trading is effortless.
The most critical step in the procedure is "selecting a trader", so be careful when comparing and examining traders.
Bitget uses multiple wallets (accounts) for each transaction, and after depositing, it will be reflected in the "in-kind wallet (account)".
Therefore, when making a copy trade, it is necessary to transfer funds to the "Ex. Contract Wallet".
STEP.1
Display of transfer screen
Click "Assets" at the top right of the screen and select "Fund Transfer" from the appears menu.
STEP.2
Enter the transfer details
Select and enter the currency to be transferred, the wallet of the transfer source, the wallet of the transfer destination, and the amount, and finally, click "Finish".
Then select a trader.
STEP.1
Open the copy trade screen
Click "Copy Trade" at the top left of the screen.
STEP.2
Select a trader
Then a list of traders will be displayed, so follow the trader you want to copy. caution
"Full" traders cannot be selected, so wait for them to fill up or select another trader.
After following the trader, set the trade content.
The items to be set are mainly four items, "contract transaction copy order", "copy order type", "copy order limit", and "detailed setting"
The recommended traders at Bitget are "traders with a high total rate of return" and "traders with a large number of followers".
However, because Bitget has a limit on the number of followers, there are many cases where you cannot follow the trader you want to follow.
In such cases, use the vacant seat reminder function to get immediate notification of follow-up availability.
Also, when choosing followers, be sure to check your bottom line details and be careful not to be fooled by false data.
Bitget Recommended Trader Review
Asset management consultant for the wealthy. With 10+ years of project investment experience in the trading industry, financial industry, gaming industry, and IT industry, he provides various consulting services around the world. Serving as a director of an energy development company, responsible for asset operation and coordination of business cooperation with government agencies of various countries. And operate leading companies in Japan and Singapore.
Being able to see what other traders do make me able to learn and interact with some amazing people all over the world.