Im trying to decide which Copytrader to copy, how do I select the best one?
This is entirely up to you, but we do have some suggestions to take into consideration:
Which quote: A way to choose the quote is to decide; what is the coin you prefer to accumulate? If it's Bitcoin, you can filter to view traders who trade using Bitcoin pairs. Or if it is USDT select USDT as the quote.
Which exchange: You can filter to only list copy traders providing signals for the exchange you are using: example: Zignaly Exchange.
Who is the best one?: Once you set your desired filters like Quote and Exchange, you'll see the entire list of traders for this combination, we encourage you to set the time frame to at least 90 days. It's always a good idea to consider long term results. Who is able to get good results even during strong market movements?
To view more specific information of each copytrader click VIEW TRADER on the Copytrader box:
Tips when choosing a copytrader:
- look at long term statistics, a trader that has shown continuous results
- how informative are they on their copytrader page, do they provide details of their strategy, why it succeeds, what drawdown is to be expected, do they offer an independent website for more information
- do they have an active community or way to be reached (discord, telegram)
- and finally does this strategy fit with what you are looking for, some prefer more conservative strategies, and others are more open to high risk/reward strategy.