To successfully engage in copy trading on Bitget, the first step is to create an account and familiarize yourself with the platform. After signing up, take the time to explore its features and functionalities. Understanding the dashboard is crucial,as it will provide you with insights into traders’ performance,portfolio management,and trading history. You can start by:
- Researching top traders: Look for traders with a proven track record.
- examining risk profiles: Assess traders’ risk levels to match your own investment strategy.
- Reading performance metrics: analyze metrics such as win rates, average return, and drawdown ratios.
Once you feel comfortable navigating the platform, it’s essential to set your investment parameters wisely. Determine how much capital you want to allocate to copy trading and set stop-loss limits to manage your risk effectively. Make use of the following table to keep track of your chosen traders and their respective metrics:
| Trader Name | Win Rate | Average Return | Risk Level |
|---|---|---|---|
| Trader A | 75% | 15% | Low |
| Trader B | 60% | 25% | Medium |
| Trader C | 45% | 35% | High |
