How much capital do I need to start copy trading?
To make it simple, there must be at least a 1000 USDT balance on your Binance Futures account to cover the subscription fee and make a profit on top. With every trade, we risk 3% of the currently available balance, where the risk/reward ratio is either ½ or ⅓. At the same time, we might have up to 5 signals opened simultaneously, which makes the maxim possible drawdown up to 15% at a time.
Nonetheless, most of the time we don't have more than 3 trades opened simultaneously, and usually, there are 2-3 trades per week. Considering the scenario where we have one losing trade and 2 winning trades per week, the profit potential is 9%+9%-3% = 15% weekly. Such an approach allows achieving from 20% to 60% monthly with only 3% risk per trade.