How to Copy Trade
Last updated
Last updated
Users can opt for copy trading mode, where transactions are executed using preset gas fees and slippage.
In copy trading mode, users can choose to follow buys of tokens they already own.
It also allows users to decide whether to buy tokens that have not had their freeze permissions revoked.
Note: Copy trading by default will use the currently set gas priority fees and slippage settings.
Maximum Amount Buy: When the target follow address makes a purchase, the system follows by buying up to the pre-set maximum purchase amount. For instance, if the maximum set is 0.1 SOL, and the follow address buys more than 0.1 SOL, the system will buy 0.1 SOL. If the follow address buys less than 0.1 SOL, the system will match the amount.
Fixed Amount Buy: Each time the target address buys, the system will purchase a fixed amount, such as 0.1 SOL, regardless of the quantity bought by the target address.
Mixed Mode: When hybrid mode is enabled, both follow selling and take-profit/stop-loss selling are activated. After the target follow address makes its first sale of the respective tokens, regardless of the amount, users can set a selling percentage along with take-profit and stop-loss percentages.
Follow Selling Only: After the target follow address's first sale of the tokens, the system will sell a custom percentage of the held tokens, based on the userβs settings.
Take-Profit/Stop-Loss Only: In this mode, only take-profit and stop-loss sales are enabled, not follow selling. Users can set the selling percentage along with take-profit and stop-loss percentages, regardless of the amount sold by the target address.