Copy Traders FAQ: Your Complete Guide to Copy Trading Success

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Why Did My Order Fail?

Several factors can prevent your order from executing successfully:

👉 Master copy trading strategies to avoid these common pitfalls

What Causes Positions to Close?

Positions may close due to:

  1. Manual closure by copy trader:

    • Through "My Copies" > "Open Orders" > "Close All"
    • Via Trade > Positions interface
  2. Lead trader actions:

    • When lead traders close positions, all copied positions close automatically
  3. Automated triggers:

    • Take profit/stop loss execution
    • Liquidation due to:

      • Insufficient margin
      • Lead trader liquidation

Choosing the Right Lead Trader

Select Discover > Copy Trading to evaluate traders using these metrics:

MetricImportance
PnLShows absolute profitability
PnL%Reveals percentage returns
Win RateIndicates consistency
AUMDemonstrates trust level
Copy TradersShows popularity

Pro Tip: Combine multiple factors when selecting traders rather than relying on single metrics.

Our proprietary ranking system weights factors as follows:

FactorWeight
Cumulative PnL%20%
Recent Performance25%
Risk Management20%
Community Following35%

👉 Discover top-performing traders today

Managing Copied Trades

Access My Copies to:

Key Features:

Copy Trading Specifications

Setting Up Copy Trades

  1. Navigate to Trade > Copy Trading
  2. Select preferred trader
  3. Configure basic parameters:

    • Copy amount per order
    • Maximum total amount
  4. Advanced Options:

    • Customize risk parameters
    • Set specific take profit/stop loss levels
    • Adjust position sizing rules

FAQ

Q: How many lead traders can I copy simultaneously?
A: There's no strict limit, but we recommend focusing on 3-5 quality traders for optimal results.

Q: What's the maximum amount I can copy?
A: Limits vary by trader and are displayed on their profile. Always stay within your risk tolerance.

Q: Is copy trading suitable for beginners?
A: Yes! It's an excellent way to learn from experienced traders while maintaining control over your risk parameters.

Q: How often should I review my copied trades?
A: We recommend weekly check-ins, though active traders may prefer daily reviews.

Q: Can I set different parameters for different traders?
A: Absolutely! Each copy relationship can have unique settings tailored to that trader's strategy.

Q: What happens if a lead trader modifies their position?
A: Your copied position automatically adjusts to match their changes, maintaining your specified parameters.