Copy Trading Made Me 60% Profit… Then Destroyed EverythingHave you ever heard about copy trading — that magic button promising you can earn profits just by following someone else’s trades?
I’d heard it a hundred times, but I was skeptical. Still, I decided to test it myself — because if it really worked, it would mean there’s a shortcut to success in trading, right?
My Real Experience in the Crypto Copy Trading World
At first, I started small — just a test with a tiny amount of money.
After one week, I couldn’t believe what I saw: +60% profit.
That’s the kind of return some professional traders don’t make in an entire year.
So I added more capital. And again — more profit.
It was so consistent that for a short moment, I started thinking:
“Maybe I don’t need to trade manually anymore… maybe this is it.”
Until one random day, everything changed.
Within hours, 60% of the total capital vanished.
Not only the profits — but the entire account took a massive hit.
Why Copy Trading Fails (Even When It Works for a While)
After this happened, I started studying how professional traders approached this topic — including Ross Cameron’s own test of multiple copy-trade alert services.
The conclusion was almost identical to my experience.
1. You’re Always Late
By the time you receive the alert or your account copies the trade, the entry price has already changed. If the trade goes up, your profit is smaller. If it goes down, your loss is bigger. Latency kills consistency.
2. You Have No Control
You can’t decide the risk per trade, the stop-loss, or the position size. Someone else does — and that means you’re exposed to risks you didn’t choose.
3. Liquidity and Spread Issues
In crypto, when someone opens a large position on a low-cap coin with thin order books, the copy trades that follow open at much worse prices — higher if it’s a buy, lower if it’s a sell. In other words, their exit point becomes your entry point.
4. False Confidence and Dependence
Even if the system makes money for a while, it teaches you nothing. You’re not becoming a better trader — you’re just outsourcing your decisions. And when it stops working, you have no skills to fall back on.
5. High-Risk Behavior of “Top” Traders
Many of the accounts behind copy systems take massive risks and show extremely poor Sharpe ratios. They might look profitable short-term, but their equity curves often end the same way — a crash.
Lessons Learned
Copy trading gives you the illusion of control — the dream that someone else can do the hard work for you.
But the truth is, you’re not participating in trading — you’re observing someone else’s gamble.
The only sustainable way forward is independence:
Learn the strategy
Practice on a simulator
Understand risk
Build your own discipline
That’s how you trade with confidence — not by copying trades, but by owning your decisions.
Copytrading
GBPUSD - Sell Trade SetupLet's see what happens with the upcoming CPI data from the UK. In the event figures come in less than analyst forecast, guess what?? Well this pair will go south! Why well Fed's comments last week were not dovish, tariffs are still causing inflation providing strength and stability for the greenback.
Waiting for UK CPI data to confirm my analysis.
Leave a comment below, let me know what you think. Share with friends. Check out my profile for more awesome trade plans and setups. DM for copy trading, use any regulated FX broker.
Trade Safe - Trade Well
~Michael Harding
EURUSD - Sell Trade SetupTaking a look at the daily chart, EURUSD is resting at a minor pivot point. However, I suspect further weakness based off comments from the Fed last week and with all eyes on this Friday's PCE report.
Leave a comment below, let me know what you think. Share with friends. Check out my profile for more awesome trade plans and setups. DM for copy trading, use any regulated FX broker.
Trade Safe - Trade Well
~Michael Harding
EURJPY - Buy Trade SetupIf risk-on sentiment prevails, I expect to see further upside with EURJPY towards the 165 handle. Should technicals breaks back below the most recent bullish breakout, I most likely will lose confidence confidence and trim my lose. For now, I'm bullish ~ Know thy self
Leave a comment below, let me know what you think. Share with friends. Check out my profile for more awesome trade plans and setups. DM for copy trading, use any regulated FX broker.
Trade Safe - Trade Well
~Michael Harding
Favorite Trade Setups for Next WeekSummary of positions I'm looking to take next week with my Copy Trading program include the following:
AUDCAD - LONG ⬆️ 🟢
AUDNZD - SHORT ⬇️ 🔴
NZDCAD - LONG ⬆️ 🟢
US30 - SHORT ⬇️ 🔴
USDCHF - SHORT ⬇️ 🔴
For optimal risk management, it's best to always scale with small volume relative to your equity. Leave lots of available margin on your account. Diversifying with multiple pairs is recommended to mitigate risk.
If you like my setup and would like to copy my trades, send me a DM for further information.
Let's Grow Together 👍 LIKE - FOLLOW - SHARE
~ Michael Harding
I Turned Crazy Strategy Into a Python Program & It’s RunningAfter years of refining my AI Harmonic Fibonacci strategy, I’ve fully automated it into a Python-based trading system, and it’s now LIVE on Binance Copy Trading. The results? 773 trades in just 7 days with an insane 98% win rate!
📊 Why Is This Strategy So Powerful?
✅ AI-driven precision – No emotions, just math.
✅ High-frequency trading – More trades, more wins.
✅ Zero risk approach – Built-in smart risk management.
✅ Fully automated – Profits while you sleep.
🔥 And the best part? You can access it right now.
🔍 Search "아몰랑" on Binance Futures Copy and see it in action!
sorry I accidentally made with a Korean nickname,
#Binance #CopyTrading #PythonTrading #AITrading #TradingBot #CryptoTrading #HarmonicPatterns #HighWinRate
www.binance.com
Why you should choose your trading period carefullyFirst, let's look at the four most important trading sessions. The Forex and stock market is divided into different trading sessions, which are based on the opening hours of the main financial centers:
Session Opening Hours (UTC) Major Markets:
-> Sydney session 22:00 – 07:00 Australia, New Zealand
-> Tokyo session 00:00 – 09:00 Japan, China, Singapore
-> London session 08:00 – 17:00 UK, Europe
-> New York session 1:00 p.m. – 10:00 p.m. USA, Canada
Note: Times vary slightly depending on summer or winter time.
Why are trading sessions important?
-> Volatility & Liquidity
Depending on the session, there are different market movements.
High liquidity → tight spreads and better order execution.
Low liquidity → greater slippage and wider spreads.
-> Active currencies & markets
During the Tokyo session, JPY and AUD pairs are particularly active.
During the London session, EUR and GBP pairs are the most volatile.
During the New York session, USD pairs and stock markets moved the most.
Opportunities & risks during overlapping times:
The overlaps between sessions are the most volatile times because several major markets are active at the same time.
1. London-New York Overlap (13:00 – 17:00 UTC)
→ Highest volatility
Why?
The world's two largest financial centers operate at the same time.
Opportunities:
Big price moves → good for breakout traders and scalping.
High liquidity → tight spreads, fast order execution.
Risks:
Extreme volatility → rapid price changes can trigger stop losses.
News (e.g. US jobs data) can cause sudden movements.
Practical example:
A trader is watching EUR/USD and sees strong resistance at 1.1000.
US inflation data will be released at 13:30 UTC.
If the data is better than expected → USD strengthens, EUR/USD falls.
If the data is worse → USD weakens, EUR/USD rises.
Within a few minutes the price can fluctuate by 50-100 pips.
→ Strategy: News traders rely on quick movements, while conservative traders extend stop losses or pause during this time.
2. Tokyo-London Overlap (08:00 – 09:00 UTC)
→ Medium volatility
Why?
London opens while Tokyo is still active.
Opportunities:
JPY pairs (e.g. GBP/JPY) are moving strongly.
Breakouts through the European opening.
Risks:
Sudden changes in direction as European traders often have a different market opinion than Asian ones.
Practical example:
A scalper is trading GBP/JPY in a narrow range of 185.00 – 185.20 during the Tokyo session.
At 08:00 UTC London opens with GBP/JPY breaking above 185.50.
Within 30 minutes the price rises to 186.00 as European traders buy GBP.
If you recognize the breakout early, you can quickly take 50-100 pips.
→ Strategy: Scalpers rely on quick entries and take profits before volatility subsides.
3. Sydney-Tokyo Overlap (00:00 – 07:00 UTC)
→ Low volatility
Why?
Mainly the Asian market is active.
Opportunities:
Less volatility → good for range trading.
Cheaper spreads for AUD and NZD pairs.
Risks:
Little liquidity → Slippage may occur.
Strong moves are rare, except for major news from Japan or Australia.
Practical example:
A swing trader notes that AUD/USD has been fluctuating between 0.6500 and 0.6550 for days.
During the Sydney-Tokyo session the price mostly stays in this range.
The trader places a sell limit order at 0.6550 and a buy limit order at 0.6500.
Since there is little volatility, it can be profitable with multiple small trades.
→ Strategy: Range trading is ideal because no major breakouts are expected.
Conclusion:
Each trading session has its own characteristics, opportunities and risks.
The crossovers are the most volatile times - good for day traders, but risky for inexperienced traders. Anyone who understands the market mechanisms can take targeted action at the right time. The strategies mentioned above are simply derivations from the advantages and disadvantages of the respective sessions. Of course, a well-founded strategy concept requires much more.
keep calm XAUGOOD MORNING everyone
for more info, check the signature space below 🔽
HERE WE ARE, Traders.
I kindly ask you to leave a like below the image.
if you want to continue receiving free analysis.
It costs you very little, but it makes a huge difference for me.
^GOLD ANALYSIS^
The weekly close makes me think of a continuation long until the 2300 level is decently invalidated; the breakout happened, but it's not enough for me. On the daily level, I would expect a SMT (play) below the lows where I marked the chicken, and then look for an upward movement from there. We have two zones to keep under control.
As you know, I only trade New York, so I don't trade until 14:00. Plus, we have news at 14:30. Monitor it, and we'll update live.
Let me know what you think in the comments! Thank you very much, everyone.
For any doubts or questions, don't hesitate to write to me; I will be happy to answer you.
for more info, check the signature space below 🔽
-Have a good day
-Happy trading
-Use stops
-Manage risk
Hellena | EUR/USD (4H): Long to resistance area at 1.08843.Dear Colleagues, I believe that the price is in the impulsive movement of the senior wave “3” and in the junior corrective wave “2”.
Therefore, I expect the price to correct to the area of 50% - 61.8% Fibonacci levels at 1.07217, then I expect the upward movement to continue and reach the resistance area at 1.08843.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
BTCUSD Waiting for Tomorrow's PMI PullbackTaking a look at the daily chart, I am looking to go how. However, I want to see how this instrument trades following tomorrow's PMI data from the US.
On my chart I plotted out an AOI level which would be nice to test. If that happens I'll be looking for bearish stalling action on the small timeframes such as the 5 min to scalp a long entry.
That's it - That's all
Trade Safe
Future Forecast for GBPUSD== KEY TAKEWAYS ==
+ There were four-month lows for the pound sterling relative to the US dollar.
+ It appears that GBP/USD will be vulnerable coming up to UK inflation week.
+ The pound sterling maintains its bearish technical indication target at 1.2400.
The US dollar (USD) continued to lose ground against the pound sterling (GBP), causing the GBP/USD pair to drop below 1.2500 for the first time in four months.
The pound sterling continues to decline.
GBP/USD sellers made a strong comeback this week following a respectable recovery in the earlier part of the week due to renewed demand for the US Dollar. Rising geopolitical tensions in the Middle East and expectations surrounding the US Federal Reserve's (Fed) policy turn contributed to the Greenback's rise to its highest level against its main peers in five months, above 105.00.
The US Consumer Price Index (CPI), the week's primary event risk, came in hotter than anticipated, dashed hopes for a June Fed rate cut. According to data provided by the US Bureau of Labor Statistics (BLS) on Wednesday, the US CPI increased 0.4% MoM in March, exceeding predictions of 0.3%. In the same time frame, the Monthly Core CPI increased by 0.4% as well, exceeding estimates of 0.3%. Against the 3.4% market estimate, the yearly headline CPI increased by 3.5%.
Compared to the around 52% odds observed prior to the data release, markets are now pricing in only a 22% possibility of the Fed cutting rates in June. There is a 70% chance that the Fed will decrease rates during its September meeting.
The rationale for delaying the Fed's policy change was further reinforced by the hot US core Producer Price Index (PPI) for March, hawkish remarks from a number of Fed policymakers, and the minutes of the Fed's March meeting. All of these factors combined to keep inflation high despite a robust economy.
The US and its allies believe major missile or drone strikes by Iran or its proxies against military and government targets in Israel are imminent, in what would mark a significant widening of the six-month-old conflict, according to a Wednesday Bloomberg report that cited people familiar with the intelligence.
Concurrently, Russia, Germany, and the United Kingdom united on Thursday to urge Middle Eastern nations to exercise moderation, particularly in light of the growing danger of an impending Iranian attack on Israel. Israel declared that it was getting ready to "meet all its security needs" in case Iran launched an airstrike.
This comes after Iran threatened to exact revenge for the airstrike that killed a senior Iranian general and six other Iranian military officers on April 1st at its embassy compound in Damascus, Syria, raising tensions that were already high due to the Gaza conflict.
Severe geopolitical concerns continued to hurt the safer-haven US dollar while strengthening the higher-yielding pound sterling. However, Megan Greene, a policymaker at the Bank of England (BoE), gave some consolation to the British Pound with her hawkish remarks. Greene hinted on Thursday that rate cuts from the BoE are still a ways off, saying that "UK services inflation remains much higher than in the US."
In the face of persistent US Dollar strength on Friday, GBP/USD remained susceptible despite a slight recovery from four-month lows of 1.2511. The solid industrial data for February and the UK GDP, which was estimated to be in line with expectations, did not inspire the buyers of pound sterling.
Following a 0.3% recovery in January, the Office for National Statistics (ONS) released its most recent figures on Friday, indicating that the UK economy grew by 0.1% in February. In the stated period, a 0.1% expansion was anticipated by the market. According to additional UK data, February saw monthly increases in manufacturing and industrial production of 1.2% and 1.1%, respectively.
The week ahead: UK CPI remains on tap
After a hectic week, traders of the pound sterling are getting ready for a data-light week, with the UK CPI inflation report for March serving as the sole major event.
On Wednesday, the inflation statistics will be made public. Prior to that, policymaker Sarah Breeden of the BoE will speak earlier that day, while the US docket will include the March Retail Sales report on Monday.
Tuesday is when the UK jobs data is expected to be released. BoE Governor Andrew Bailey is scheduled to appear at the International Monetary Fund (IMF) Spring Meetings later that day.
On Wednesday, Bailey will talk once more at the Institute of International Finance Global Outlook Forum.
The US weekly Jobless Claims and the Existing Home Sales figures for March will be released on Thursday.
Lastly, following the publication of the UK Retail Sales figures for March, BoE officials Dave Ramsden and Sarah Breeden will make their scheduled appearances on Friday.
Additionally, market participants will be keenly examining the remarks made by Fed policymakers to see if they support the bets on postponed rate decreases.
GBP/USD: Technical Outlook
Technically speaking, the short-term outlook for GBP/USD is still bearish as sellers attempt to prolong the decline from the rising channel that was seen a few weeks ago.
The 14-day Relative Strength Index (RSI) indicator is still susceptible to further falls because it is still below the midline, close to 40.00.
The sellers of pound sterling produced a long-lasting breach below the 200-day SMA, which is horizontal and located around 1.2584, supporting the bearish bias.
In order to continue the decline toward the low of 1.2449 on November 22, sellers must establish a firm foothold below the 1.2500 round number. The lows of November 16 and 17 line at 1.2375, which is the location of the next significant support.
Alternatively, the short-term selling pressure may lessen if buyers are able to consistently close above the 200-day SMA at 1.2584.
A significant rebound in the GBP/USD pair might then occur, heading toward the confluence resistance zone between the 1.2650 and 1.2670 area. The convergence of the 21-day, 50-day, and 100-day SMAs is located there.
For buyers of pound sterling, the rising channel support that turned resistance at 1.2790 will be a difficult nut to crack further up.
Gold is in Periods of consolidation and range from 2146 to 2186.Gold Trade Idea
Gold is in periods of consolidation and ranges from 2146 to 2186. The mentioned area will be best for scalping in a short time frame.
But if you want to confirm the bullish and bearish momentum, then go head-to-head for a swing trade above or below the mentioned area of 2146-2186.
The trend on H4 and Daily time frame is still bullish but in short time frame like M30, M15 and H1 the momentum has change from bullish to bearish.
My target in Gold will be more high as you think that!
BTC UPDATEHi Everyone!
BTC Update today
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰
The Bitcoin Dump becouse news 10,915 #BTC (474,057,767 USD) transferred from unknown wallet to #Coinbase
Open positions are currently very risky, but if you want buy, i suggest in the support area 41,700 and 40,800
Good Luck Guys!
*Follow For More!
*DYOR
CTKUDT 80%+ Profit Symphony in Mid-Term PlayCTKUDT is experiencing a fiery surge as the bulls triumphantly safeguard the demand zone.
Before this, a pivotal breakthrough above the descending channel has been observed, marking a significant trend shift.
The current landscape unmistakably favors the bulls, and we anticipate a solid profit potential exceeding 80% in the mid-term. CTK is likely to be a standout performer in the current market heat.
WOOUSDT: Anticipating a 200% Growth Opportunity⚪ WOOUSDT staged a robust breakout above the supply zone back in March this year, setting the stage for subsequent developments. Although the price has generally trended downward since, a significant pattern emerges with three consecutive bounces off the $0.15 demand zone over the past eight months.
⚪ Recent price action further reinforces a positive outlook. The uptrend trendline has been consistently respected, culminating in a break above the downtrend trendline. This alignment signals a long-term bullish stance, and we are actively considering a long position on a potential pullback.
⚪ In terms of growth potential, WOO shows remarkable promise, with the potential for nearly 200% growth in the coming months. As always, we'll provide a detailed buy setup in our channel to support your trading decisions.






















