Copy Trading Master’s Winning Strategies Review — Episode 6

LBank Exchange
2 min readOct 25, 2023

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Easy Follow, Smart Trade! Discover the winning strategies of our popular traders.

1. Copy Trading Master’s Introduction

User ID: LBA4D00693

Trader’s Profile: https://www.lbank.com/copy-trading/lead-trader/?id=LBA4D00693

Trading Style: Trend Swing, Combining Long and Short Trades

2.Trade Operation Recap

Long NEARUSDT with 10x leverage, entry at $63.58USDT, exit at $64.72USDT, generating a 11.74% ROI. Less than 2 hours spent. As shown in the chart below

3.Trade Review

During BTC’s consolidation phase, NEAR experienced significant fluctuations but did not break the support level at 1.10 after a downward movement. The probability of a continued upward rebound increased. I decisively opened a long position and continuously monitored the 5-minute trading volume. After noticing insufficient bullish momentum, I closed the position.

In a stable BTC market, altcoins often fluctuate significantly. Market makers capitalize on this by providing liquidity through continuous buying and selling. For participation in such markets, it’s advisable to set tight stop-losses, commonly known as intraday scalping.

Note: Personal opinion, for reference only. Opportunities and risks abound, always do your research before investing.

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LBank Exchange
LBank Exchange

Written by LBank Exchange

LBank (https://www.lbank.com/) —The World’s Leading Digital Asset Exchange.

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