12 days as a Binance copy trading lead trader: what fees actually do to the result

I began operating a futures strategy as a lead dealer on Binance copy trading on Oct 13. Small account, about $3k. Sharing the numbers as a result of the charge aspect stunned me, and I feel it matters for anybody copying traders right here too.

12 days up to now:

• 146 trades
• $1,083 buying and selling revenue earlier than charges
• $456 paid in charges, so 42% of it went to charges
• $627 internet
• worst drop 14% (Oct 16 to Oct 21), back at a new high by Oct 23

The payment half: 79% of my volume goes in as market orders, so I pay taker each time. My stops and targets are about 1% away from entry, so each spherical trip eats a real piece of every win.

What I maintain eager about is the copiers. As far as I perceive, they pay their very own buying and selling charges on every copied commerce, plus the profit share (mine is 10%). If their charge tier is worse than mine they usually get barely worse fills, a technique that’s high quality for me may be close to flat for them.

So two questions for people who’ve used copy trading right here, both aspect:

1. For those who copy someone, do you take a look at how typically they trade and the way close their stops are, or principally at ROI on the leaderboard?
2. For lead merchants: did you move to restrict orders to cut charges, and did it truly help your copiers?

Completely happy to share extra details in the feedback.