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Topic: 3068 Trades Won and only 1 Trade Lost (Read 238 times)

legendary
Activity: 3500
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
June 11, 2023, 03:11:32 PM
#35
I am not going to really trust that to be true, I feel like it doesn't make that much sense to me at this point. Could it be that someone who just makes multiple trades with multiple accounts and just make sure that the one he does well stays at the top and the ones he does badly stays down and the income for being this good and paid by others to help them somehow trumps the losses he gets trying to do it?

I am just making an example, maybe he uses some other method, but I honestly do not trust someone that has over 3k true trades that made him a profit and just 1 loss, that just doesn't look like it would be realistic. One would be so rich with that it would make trading futile after some point and he would be swimming in cash living a dream life instead of chasing more.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
June 11, 2023, 08:01:16 AM
#34
Hi on the Bingx copytrading platform there is a trader with 3068 trades won and only 1 trade lost. He only trades long and with only x2 leverage.

Does anyone know what strategy he uses and why he only trades long and how he gets those results? I understand he uses a bot?



he uses as low leverage as possible to minimize the risk of the trades he makes. you could copy this one, but we wouldn't know how exactly the strategy he followed in the many long trades he made.
Everyone has their strategy, and so do you. try it with low leverage and also some trading indicators that you master. maybe you will find your trading style. after that, you can consistently use it to effectively get profits.
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
June 11, 2023, 07:49:22 AM
#33
I believe he is using a bot to ensure he wins every trade, but I agree that his win ratio is nearly 100%. However, I don't believe he is making good profit from each trade. It's possible that he is only making a few dollars from each trade, which isn't particularly difficult when dealing with Bitcoin. As we are aware, Bitcoin's price can fluctuate alot, sometimes ranging from negative several hundred $ to positive several hundred $ in a single day. Therefore, it is possible to execute successful trades consistently with Bitcoin.

This is just my assumption though. There could be other factors or strategies he is using. The only way to truly find out is by personally asking him.
legendary
Activity: 2828
Merit: 6108
Blackjack.fun
June 11, 2023, 07:46:45 AM
#32
It’s basically impossible to have a hit rate that well. Most likely what he is doing trading with extremely low leverage and basically never closes his losing trades. He probably keeps them open.

Reminds me of an anime I was watching with my nephew.

One of the characters argued that her machine had a 100% success rate, but it turns out she wasn't testing her machines even once because no matter how good they are if they will fail once and work 1 million times it won't be 100% anymore.
Same here, if you're not losing your position it means you haven't yet lost, besides, at x2 if he plays with pennies as some others suggest probably he can exchange a week of beer money for a year of not-closed losses.

How can we discuss a trader if we haven't seen his profile and the deals he has made? Before you ask such a question, you need to first place a link to his profile here. But I doubt that there is such a trader who has 3068 profitable trades against one unsuccessful one.

This is the most annoying aspect on topics here, people who come and say I've seen this and that on some platform, a  friend told, I know a guy without actually showing what they talking about.
I've found a  guy with 100%, and +250 trades and one with 450 but I quit browsing that damn website:

https://bingx.com/en-us/CopyTrading/1158896475034845191/?apiIdentity=0&rankStatisticDays=30&list_id=all&from=1&type=

https://bingx.com/en-us/CopyTrading/1163380660729036807/?apiIdentity=1163607983166013444&rankStatisticDays=30&list_id=all&from=1&type=




jr. member
Activity: 32
Merit: 1
June 11, 2023, 07:30:24 AM
#31
I don't think it's easy to get such a good Risk & Reward ratio.

Most likely what he is doing is using the long term technique with the method of holding positions while in a minus (this requires strong fund security) with very low leverage, he may keep negative positions open until he gets a profit.

Be careful with lots of Copy Traders like this. They usually get lucky but are short lived.

Eventually what they wanted was fulfilled with you starting to follow and soon after a few trades went against them and they ended up blowing their account and yours. The most profitable traders don't split their positions.
hero member
Activity: 616
Merit: 713
Don't joke with my Daughter
June 11, 2023, 06:06:58 AM
#30
Hi on the Bingx copytrading platform there is a trader with 3068 trades won and only 1 trade lost.

Op where did you source your information and how do you about total trade won and only a trade was lost?
If you have the direct link or profile  to them why not ask over there to get the appropriate answer, one thing I understand so far about trading is that, if there are strategies that perfectly working fine for me, if I do not release them you may not know about it until I freely share with or without some engagements, I think so it's to Bingx and they are in the right position to explain more better.

Quote
Does anyone know what strategy he uses and why he only trades long and how he gets those results? I understand he uses a bot?
This is one thing for sure that almost all copy trade are bots enable trade and sometimes it may malfunction causing a huge lose. If you had intention to copy trade then always be watchful not to run lost.
legendary
Activity: 966
Merit: 1042
#SWGT CERTIK Audited
June 11, 2023, 02:24:32 AM
#29
Hi on the Bingx copytrading platform there is a trader with 3068 trades won and only 1 trade lost. He only trades long and with only x2 leverage.
Does anyone know what strategy he uses and why he only trades long and how he gets those results? I understand he uses a bot?

Quite Shocking results hmm,
Well, I think the reason is mentioned by yourself as buddy he is using the lower leverage of 2x and with that, I think he would be holding the trades for a longer time. Don't fall for stats you never know the inside story.

My Concern

It seems shady because such stats really attract the users towards the copy trading, Consider if he is using low leverage and you copying the trade but there can be a huge difference in the liquidation price because you do not know how much amount he is holding with his cross leverage trade so buddy be careful while going for the copy trade.

My concern depends from platform to platform because some of them provide greater transparency and some of them don't.
hero member
Activity: 1736
Merit: 589
June 10, 2023, 07:22:01 PM
#28
Hi on the Bingx copytrading platform there is a trader with 3068 trades won and only 1 trade lost. He only trades long and with only x2 leverage.

Does anyone know what strategy he uses and why he only trades long and how he gets those results? I understand he uses a bot?



Short answer: No

Long answer: He may have used a bot to call the shots for him which is what a lot of people in this industry do anyway so nothing new, plus why would you want to read his strategy and learn it by heart if a. You don't know the guy and have no ways of ever getting in touch with him to ask what he does to win so much and lose so little. b. If the copytrading of that platform really works? A little counterproductive don't you think? Plus I think I cracked his code. You said he only trades long, most hot coins in the market yield profits if you hold long anyway, especially when it comes to the upper echelons of cryptocurrency like bitcoin and ethereum. Are you sure he's not trading those coins?
member
Activity: 1155
Merit: 77
June 10, 2023, 07:09:18 PM
#27
Hi on the Bingx copytrading platform there is a trader with 3068 trades won and only 1 trade lost.
Let me guess, you believe all his record to be truth and not manipulated by system just to tease the users of the platform in seeing as the best trader to copy? For your information no experienced and successful cryptocurrency can have this record.

Does anyone know what strategy he uses and why he only trades long
You just said the strategy he used yourself.

how he gets those results? I understand he uses a bot?
You calm he used bot. Just be careful buddy because the level of hype in the crypto market is crazy.

hero member
Activity: 2170
Merit: 530
June 10, 2023, 04:36:26 PM
#26
Hi on the Bingx copytrading platform there is a trader with 3068 trades won and only 1 trade lost. He only trades long and with only x2 leverage.

Does anyone know what strategy he uses and why he only trades long and how he gets those results? I understand he uses a bot?



Using only low leverage is not so risky and if you really want to hold it for longer time it would be good. Maybe the user doesn't want to take profit in small span of time only and he is aiming for that coin to be profitable in a long run. I think he also invested after he see the charts and understand the patterns or he did SOME FA and TA before doing it. Long trades is good only if you have high hope in that particular coin and has a great reputation.
hero member
Activity: 2772
Merit: 634
June 10, 2023, 03:42:48 PM
#25
Hi on the Bingx copytrading platform there is a trader with 3068 trades won and only 1 trade lost. He only trades long and with only x2 leverage.

Does anyone know what strategy he uses and why he only trades long and how he gets those results? I understand he uses a bot?
It is impossible to know with such little data, as you do not really tell us anything about that trader except the number of won trades, if I were to guess I think they take a very small profit from each one of their trades, and if for some reason the market goes against them then they just hold and wait until the market changes direction, however make no mistake, as absurd as it may sound such a trader can still lose money if that loss is big enough, since I doubt they use a stop loss, taking into account their high winning rate.
Am I the only one who thinks that this is like an advertisement to that site the OP mentioned? But it can be effective as It can encourage someone to visit it and use their copy trading feature. That is not wrong as long it was a legit website and we can also experience what the traders there are experiencing. They only take a small profit because the leverage is only time two. That was fine, at least the risk is also small and it's normal to make a long winning streak using that kind of strategy.

A trader that we copy can lose big if they increase the amount that they will trade but we that copies them can only lose less if we only placed smaller amounts.
sr. member
Activity: 1204
Merit: 466
#SWGT CERTIK Audited
June 10, 2023, 07:30:14 AM
#24
Does anyone know what strategy he uses and why he only trades long and how he gets those results? I understand he uses a bot?
Well, the answer to your questions is very simple, Every trader has their own way of making trades and has their own strategies which we should not worry about and maybe sometimes those traders do not want us to know that because if we know his tip or trick then why we will follow his/her trades anymore and then we do not have to give commission to those too. And that traders will not like that.

So, i think you have to give him some commission if you want to copy-trade of him. Well, if you are smart enough you could find that out on your own by comparing the patterns of market and Fundamental analysis. And you might get to hold on to something when you start pattern analysis.

Maybe he might be using bots or financial bots, but that also does not mean he could win that many trades because i know financial bots platforms gather data from the past and collect patterns too and then analyze it and then distribute your capital in many tokens to increase your revenue which you have given in the submission form as a target attribute. Other than that, i hope you could also share the profile of that trader or any name so that i can check his stats too because saying here without any proof cannot be trusted blindly so you should proof your statement too.
legendary
Activity: 2492
Merit: 1332
June 10, 2023, 02:42:29 AM
#23
Hi on the Bingx copytrading platform there is a trader with 3068 trades won and only 1 trade lost. He only trades long and with only x2 leverage.

Does anyone know what strategy he uses and why he only trades long and how he gets those results? I understand he uses a bot?



It is impossible to know with such little data, as you do not really tell us anything about that trader except the number of won trades, if I were to guess I think they take a very small profit from each one of their trades, and if for some reason the market goes against them then they just hold and wait until the market changes direction, however make no mistake, as absurd as it may sound such a trader can still lose money if that loss is big enough, since I doubt they use a stop loss, taking into account their high winning rate.
legendary
Activity: 2268
Merit: 1655
To the Moon
June 09, 2023, 07:40:01 PM
#22
Hi on the Bingx copytrading platform there is a trader with 3068 trades won and only 1 trade lost. He only trades long and with only x2 leverage.

Does anyone know what strategy he uses and why he only trades long and how he gets those results? I understand he uses a bot?

How can we discuss a trader if we haven't seen his profile and the deals he has made? Before you ask such a question, you need to first place a link to his profile here. But I doubt that there is such a trader who has 3068 profitable trades against one unsuccessful one.
sr. member
Activity: 630
Merit: 420
June 09, 2023, 05:42:46 PM
#21
Hi on the Bingx copytrading platform there is a trader with 3068 trades won and only 1 trade lost. He only trades long and with only x2 leverage.
I don’t trust all those copy trader’s but i don’t see anything special in the strategy which he used, if you are in future trading and you are using just 2 leverage, it will be kind of difficult to lose money, even if you are at lose, you can just leave it their and it’s going to bounce back, with 2 leverage your chances of losing money will be very slim, that’s why people think he is a professional trader. the same way your profit will be small whenever you are making money, but you will have rest of mind because your chances of being liquidated is very slim.

Does anyone know what strategy he uses and why he only trades long and how he gets those results? I understand he uses a bot?
The strategy which he used is that he used 2 leverage, if you are a trader and you use little leverage, then you won’t really be losing money, but your profit won’t also be much compare to if you are using a high leverage, but  we all know that risk management should be taken serious when trading.
sr. member
Activity: 2310
Merit: 355
June 09, 2023, 05:29:41 PM
#20
Hi on the Bingx copytrading platform there is a trader with 3068 trades won and only 1 trade lost. He only trades long and with only x2 leverage.

Does anyone know what strategy he uses and why he only trades long and how he gets those results? I understand he uses a bot?
That’s a small leverage and with his BOT, he might be able to set up a good pattern and it has a good results too. If he only lose one, then it can tell that his strategy is effective, and that copy trading site offers a good one. I’m just wondering if its a high leverage, can that site provide more winnings too? Are you able to see high bettor and lose only small amount of money from their trades?
legendary
Activity: 3080
Merit: 1500
June 09, 2023, 02:34:17 PM
#19
Hi on the Bingx copytrading platform there is a trader with 3068 trades won and only 1 trade lost. He only trades long and with only x2 leverage.

Does anyone know what strategy he uses and why he only trades long and how he gets those results? I understand he uses a bot?


From the available information, it is not possible to tell whether the trader uses a bot or not. It could be very much possible. It could be sheer luck or extreme precision. The only thing I can say is that the trader uses very low leverage which makes his trades more economically effective and profitable. I see some people calling it fishy but I do not find it fishy at all. In the real-world stock market, I have seen multiple traders making money with such precision without subscribing to any signal services. So such kind of result is actually possible. This doesn't prove that the trader is doing something wrong or fishy.

Or it could be one of the platform-owned accounts. Some platform owner uses accounts with ramped-up stats to make their copy trading services more popular among the users. It could be one of them.
sr. member
Activity: 2520
Merit: 329
June 09, 2023, 01:54:21 PM
#18
It’s basically impossible to have a hit rate that well. Most likely what he is doing trading with extremely low leverage and basically never closes his losing trades. He probably keeps them open.

You need to becareful with many of these Copy traders. They usually get a lucky streak but it’s short lived. Eventually you start to follow and shortly after some trade goes against them and they end up blowing their account up and yours. Most profitable traders don’t share their positions.
Even if it is possible to have a hit rate that high, the profit ratio will probably be very low since he is using only 2x leverage. Personally, I don't understand why people would follow others in trading instead of doing it themselves and it is not that difficult if one wants to learn, it is your money and you should be the one taking investment decisions with your own money and not someone else. Learn how to trade and how to do analysis and do it yourself.

As you said, these traders will not always provide profits to their followers too, if their trades start going wrong, they won't really care about their followers and make trades for them but they will start trying to correct things that have gone wrong with their own accounts and trades.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
June 09, 2023, 05:40:22 AM
#17
Hi on the Bingx copytrading platform there is a trader with 3068 trades won and only 1 trade lost. He only trades long and with only x2 leverage.

Does anyone know what strategy he uses and why he only trades long and how he gets those results? I understand he uses a bot?




That trader is surely doing something fishy and keeping the ones in dark who are copying his trades. There isn't a strategy to win all of the time in the world of crypto-trading. Even if someone is expert in technical analysis he/she still has to face some looses once in a while, and that's enough to prove that strategies aren't always profitable and the market changes could destroy them.

In the world of crypto-trading news media and other huge whales have enough power to change the condition of the market and if someone is constantly getting profitable trades then that trader will never ever share his trades and his open positions with anyone. Why would someone allow others to copy him if he is making millions per trade? I don't think that anyone would do that and that's why you should be careful when you are copying the trades of a user whom you don't know personally.

Instead of following him and copying his trades why don't you learn trading yourself so that even if a trade doesn't work, you can still protect yourself from huge losses. I recommend you to learn trading as a beginner and only trade with short amount of money in initial stages of learning. After experiencing the trading you'll learn a lot about it in some time and may earn good income from trading.
hero member
Activity: 2604
Merit: 816
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June 09, 2023, 05:18:25 AM
#16
That will be recorded as a win for him. What he will care about is the win rate but not the ROI which could as well even be in negatives due to fees.
But what is happening is against the concept of copytrading, meaning that the main goal is to achieve profit and a high return, such useless gains, and if it is real, then it is scam because it shows the user as if he is an expert, while all he does is content with a little profit.

It is like someone who opens the trade and does not close it until after he earns a dollar. It is true that he earns daily, but the return on investment may be the least that the banks give you and without getting tired.
I think it depends on how each person in trading can achieve their goals because the ultimate goal is profit.

We can say it is impossible or can be done but we don't know what the purpose of that person is trading like that. After all, we also don't know if that person is such an expert that he only had one loss. It's interesting to learn because not many people can do it.

And as long as it is for profit, people can use various methods, including what he did. And for people who want to copy his trades, you better be careful because we don't know how he trades. It's better to rely on our ability to trade so that we can improve our skills if we still can't help to make a profit.
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