Overview

1. What to look out for Copy by "Per Order"?
2. What to look out for Copy by Position Ratio?

 

1. What to look out for Copy by "Per Order"?

Copy by "Per Order" applies to Perpetual Futures and Standard Futures. Traders should take note of the following when using Copy by "Per Order" mode:

1. Traders should try to avoid unsuccessful shared trades, as it may lead to a discrepancy between their earnings and the earnings of their copiers. Common reasons for Copy Trading failures in the Copy by "Per Order" mode:
The leverage used by the Standard Futures trader exceeds the leverage limit for Copy Trading. For details on leverage limits, please refer to: https://bingx.com/support/articles/12367915528601

2. When the number of copiers and their combined copy trading funds of a Standard Futures trader reach a significant scale, the copy trading group may reach its maximum position limit during trades. In such cases, copiers may find that their order amount is less than the set margin. Traders can provide updates to clarify this in the Insight. For details on the maximum position limit for Copy Trading groups, please refer to: https://bingx.com/support/articles/360056989014

3. Traders should avoid trading low-cap cryptocurrencies with high leverage and in large positions. Reason: The opening price, closing price and PnL ratio of copiers may differ from the trader as a result of objective factors such as market fluctuations and market depth. In extreme market conditions, these differences can widen and lead to profitable trades for you but losses for your copiers.

 

2. What to look out for Copy by Position Ratio?

"Copy by Position Ratio" mode applies to Perpetual Futures Copy Trading and CopyTrade Pro (Binance Copy Trading). Traders should take note of the following when using Copy by Positon Ratio:

1. Avoid making significant deposits while holding positions.
Reason: It may lead to changes in the trader's ROI and trigger position reductions for copiers. In "copy by position" mode, the positions of traders and copiers are aligned. When a trader makes a substantial deposit while holding positions, it lowers the trader's position ratio. Copiers' positions will then be automatically aligned with the trader, triggering the copiers' position reductions.
The ROI displayed on the trader's homepage is calculated using the time-weighted return method, and the ROI will be affected by changes in the unrealized PnL of positions held by the trader.

Take the 30D ROI as an example:
Last 30D ROI = (1+ROI of week 1)*(1+ROI of week 2)...*(1+ROI of week n) - 1.
Weekly ROI = (net equity at the end of the week + withdrawals for the week) / (net equity at the beginning of the week + deposits for the week)
Since the calculation method for the weekly ROI includes withdrawals and deposits, significant deposits or withdrawals by traders can affect the calculation of the weekly ROI, resulting in changes in the trader's ROI when no trading activities have occurred.

2. Avoid trading low-cap cryptocurrencies with high leverage and in large positions.
Reason: The opening price, closing price and PnL ratio of copiers may differ from the trader as a result of objective factors such as market fluctuations and market depth. In extreme market conditions, these differences can widen and lead to profitable trades for you but losses for your copiers.

3. Avoid strategies such as hedging, Grid Trading, Martingale strategy, or high-frequency trading.
Reason: The above types of strategies require traders and copiers' positions to be strictly aligned. Due to objective factors such as market fluctuations and depth, the positions may be misaligned, resulting in losses for copiers.

4. Avoid excessive high-frequency trading

Reason: If a trader opens and closes positions too frequently in a short period, the processing time for signals may cause significant price deviation. This leads to failed copy trades and increased risk of loss for copiers.

 

Contact Us
BingX exclusive trader support on Telegram: @BingXRyan
Suggestions & feedback on our features: https://bingx.com/feedback/?referPath=%2Fzh-tw%2F

 

BingX Operation Team
2023-10-02

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