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

I began operating a futures technique as a lead trader 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 issues for anybody copying traders here too.

12 days thus far:

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

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

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

So two questions for individuals who’ve used copy buying and selling here, either aspect:

1. In case you copy somebody, do you take a look at how typically they commerce and how close their stops are, or principally at ROI on the leaderboard?
2. For lead merchants: did you progress to limit orders to cut fees, and did it truly help your copiers?

Completely happy to share extra particulars within the comments.