🎭Copy Trading

Copy trading lets you copy another trader’s buy and sell orders. Configure your settings carefully, as you’re essentially entrusting your capital to them.

How to Set Up a Copy Trade

Find a wallet you want to copy trade, and follow the steps below.

  1. Select "Copy Trading" from the start menu or type /copytrade in the text box.

  2. Select "New Copy Trade."

  3. Enter the target wallet address.

  4. Enter a description (e.g., "Top Trader").

  5. Select the wallets you want to use and confirm.

  6. Select "Inactive" and toggle to "Active" to start copy trading.

Important: Review the copy trading settings below (e.g., "Active h," "Max Buy") and adjust them to match your risk appetite.

Copy Trade Menu

This menu appears after you set up your copy trade. It displays basic and advanced copy trade settings.

Copy Trade Menu
Button
Description
Example & Details
  1. Active

Toggle for activating a copy trade.

You set up a copy trade for 1 SOL. You don't enable activate, you won't copy trade.

  1. Active (Time)

Set the length of the copy trade.

You set the copy trade for 8 hours; it copies trades until the 8-hour period ends.

  1. Wallet Change

Choose the wallet(s) for copy trading.

Your default wallet will be used if you don't select another.

  1. Max Buy

The maximum buy amount you will copy trade per trade.

You put Max Buy on 3 SOL. Target wallets buy 5 SOL of a token. You only buy 3 SOL worth.

  1. Buy Exact

Buy the same amount as target wallet (if under Max Buy).

Target wallet buys 3 SOL. You buy 3 SOL.

  1. Buy Percent

Buy a percentage of target wallet buy.

You set it to 50%. Target wallet buys 2 SOL. You buy 1 SOL.

  1. Buy Fixed

Buy a fixed amount.

You set it to 1 SOL. Target wallet buys 0.5 SOL. You buy 1 SOL. Target now buys 2 SOL. You buy 1 SOL.

  1. Copy Sells

Turns on/off copy sells.

Your trades execute whenever the target wallet sells.

  1. Setup Limit Order

Place buy/sell limit orders.

These orders execute only when the price reaches your target.

  1. Sell Exact

Sell same percentage of holdings as target wallet.

Target wallet sells 20% of its tokens. You sell 20% of your tokens (regardless of absolute values).

  1. Sell Percentage

Sell a percentage of your tokens based on target wallet’s sell order.

You set it to 50%. Target wallet sells 20% of his tokens. You sell 10% of your tokens.

  1. Relative Sell

The percentage you will sell when target wallet sells.

Shows the percent.

  1. Advanced Settings

Opens the "Advanced Settings" menu.

You can further customize your copy trading settings here.

  1. Remove CopyTrade

Deletes your active copy trade.

You want to quickly cancel your copy trade for a target wallet.

Last updated