Copy trading allows you to automatically buy or sell tokens by mirroring the trades of a specified wallet address. This powerful strategy enables you to follow experienced traders without manual intervention, leveraging their expertise in real-time. Modern trading bots now support this functionality across multiple major blockchain networks, providing a seamless and automated experience for users of all levels.
Getting Started with Your First Task
To begin your copy trading journey, the first step is to create a new trading task. This process involves accessing your trading dashboard and initializing a new copy trading instance. The interface is designed to be intuitive, guiding you through the necessary configurations to start mirroring trades effectively.
You'll find the option to create a new task prominently displayed in your control panel. This is where you define the core parameters of your trading strategy and select the wallet you wish to follow. The setup process is straightforward, with clear guidance available at each step to ensure proper configuration.
Configuring Your Trading Parameters
The configuration phase is where you define how your copy trading will operate. All basic settings are mandatory, while buy and sell settings are enabled by default. You can choose to disable either buying or selling based on your specific trading preferences and risk management strategy.
Basic Configuration Settings
Task Name: Assign a descriptive name to your copy trading task, with a maximum length of 20 characters. This helps you identify and manage multiple trading strategies.
DEX Selection: You can choose to follow trades across all supported decentralized exchanges (DEXs) or select specific platforms. The "All" option includes future additions to our supported exchange list.
Target Wallet: Input the wallet address you want to mirror. You can select from preset addresses or manually enter any wallet address you wish to follow.
Funding Wallet: Choose which of your wallets will execute the copy trades, ensuring you have sufficient funds for trading activities.
Group Management: Organize your trading tasks into custom groups for better organization. This allows for efficient filtering and batch operations like enabling/disabling multiple tasks simultaneously.
Token Blacklist: Exclude specific tokens from your trading strategy by adding them to a blacklist. You can block up to 20 tokens, and this list applies only to the current trading task.
Enter token addresses to blacklist, one per line
Buy and Sell Settings Configuration
Purchase Mode Options:
- Maximum Purchase Amount: Set the upper limit for each buy transaction
- Fixed Amount: Always invest a predetermined amount regardless of the copied trade size
- Fixed Percentage: Mirror trades at a percentage of the original transaction value
High-Speed Mode: This advanced option optimizes transaction routing for maximum speed, utilizing multiple channels including 0-slot routing when certain fee thresholds are met. This mode prioritizes ultra-low latency and rapid blockchain confirmation.
Anti-Sandwich Protection: This feature uses private nodes to initiate transactions, helping protect against front-running attacks through additional fee incentives.
Priority Fees: Adjust these fees to incentivize miners to prioritize your transactions. Higher fees typically result in faster processing times.
Slippage Tolerance: Define the acceptable price difference between expected and actual execution prices. This crucial setting helps manage expectations against market volatility.
Solana transactions support custom priority and incentive fees for optimized execution
EVM Chain Gas Settings:
- Gas Increment (Gwei): Additional gas you're willing to pay above network averages
- Maximum Gas (Gwei): Upper limit for transaction gas costs
- Slippage Tolerance: Acceptable price deviation for transactions
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Filter Settings for Different Blockchains
SOL Chain Filters:
- Active Hours: Only execute trades during specified time windows
- Exclude Freezable Tokens: Avoid tokens with active freeze authorities
- Exclude Mintable Tokens: Filter out tokens with active minting capabilities
- Exclude Delegated Tokens: Skip tokens with delegation controls (Solana-specific)
- Single Purchase Per Token: Buy each token only once
- No Follow-on Purchases: Avoid additional buys of already-held tokens
- Pool Burn Ratio: Minimum liquidity pool burn requirement
- Held Token Handling: Rules for buying tokens already in your portfolio
- Purchase Limits: Restrictions based on frequency and volume
- Liquidity Minimums: Minimum liquidity thresholds
- Token Age: Creation time parameters
- Top Holder Concentration: Maximum allowable concentration among top holders
- Copy Trading Range: Value parameters for mirrored trades
- Market Cap Range: Market capitalization filters
EVM Chain Filters:
- Active Hours: Time-based trading restrictions
- Exclude Honeypot Tokens: Avoid tokens identified as potential scams
- Exclude Closed-Source Tokens: Filter non-open source contracts
- Single Purchase Per Token: One-time purchase limitation
- No Follow-on Purchases: Avoid adding to existing positions
- Held Token Rules: Parameters for already-owned assets
- Purchase Limits: Frequency and volume restrictions
- Tax Limits: Maximum buy and sell tax thresholds
- Liquidity Requirements: Minimum liquidity parameters
- Token Age Limits: Maximum token creation age
- Copy Trading Range: Value-based filters
- Market Cap Range: Capitalization parameters
Advanced Configuration Options
Retry Attempts: Number of retries for failed transactions
Concurrent Nodes: Multiple node support for increased success rates
Selling Mode Options:
- Hybrid: Combine mirror selling with profit/stop-loss mechanisms
- Mirror Only: Only copy sell transactions
- Profit/Loss Only: Only execute based on profit/stop-loss triggers
Selling Ratio Configuration:
- Mirror Ratio: Proportion-based mirroring of sell transactions
- Fixed Multiplier: Multiply sell percentages by a set factor
- 100% Sale: Complete position liquidation on sell signals
- Rapid Sale: Priority on speed over precise比例 execution
Initial Offering Sales: Automatic selling after token launches
Developer Sale Mirroring: Copy sales by token developers
Auto Profit/Stop-Loss: Multiple configuration options including single, segmented, and trailing stops
Wallet-Level Profit/Loss Protection:
- Profit Threshold: Stop buying when wallet balance exceeds set value
- Loss Threshold: Stop buying when wallet balance falls below set value
Saving and Monitoring Your Trading Task
After configuring your parameters, save your settings to activate the trading task. The system will immediately begin monitoring the specified wallet for trading activity. You can manually enable or disable the task at any time based on market conditions or your trading strategy.
The platform provides comprehensive tracking through a dedicated monitoring section where you can review all copy trading activity. This includes successful executions, failed attempts, and detailed reasoning for any transactions that didn't complete as expected.
Regularly review your trading performance and adjust parameters based on market conditions and your risk tolerance. The flexibility of the system allows for continuous optimization of your trading strategy.
Frequently Asked Questions
What is copy trading and how does it work?
Copy trading automatically replicates the trades of selected wallet addresses in real-time. When your target wallet executes a trade, your configured wallet automatically performs a similar transaction based on your predetermined settings and parameters.
Which blockchains are supported for copy trading?
The system currently supports multiple major networks including Solana, Base, BSC, Ethereum, and Tron. Each chain has specific configuration options optimized for its unique characteristics and transaction processing mechanisms.
How do I manage risk in copy trading?
Risk management is achieved through multiple layers including transaction limits, token blacklists, slippage controls, time restrictions, and various filtering mechanisms. The comprehensive filter options help avoid problematic tokens while the financial controls prevent overexposure.
What happens if a transaction fails?
Failed transactions are logged with specific error codes and reasons. The system can be configured to automatically retry failed transactions, and detailed error information is available to help troubleshoot and adjust settings for future attempts.
Can I copy multiple wallets simultaneously?
Yes, the system supports following multiple wallets with customizable weighting and allocation strategies. This allows for diversified copy trading across different traders and strategies.
How current are the copied trades?
The system aims for real-time execution using advanced routing and priority fee systems. However, blockchain network conditions and configuration settings ultimately determine the actual execution speed and success rate.
Successful copy trading requires careful configuration, ongoing monitoring, and periodic adjustment of parameters. By understanding and properly utilizing the various settings and filters available, you can create an automated trading system that aligns with your investment goals and risk tolerance.