Copy Trade

Automatically replicate the trades of top-performing wallets. Customize trade sizes, risk parameters, and execution speed to match your strategy.

Discover Wallet

Wallet Details

1️⃣ Selecting a Trader to Copy

1. Navigate to Discover Wallets.

2. Apply filters to find a trader that fits your criteria.

3. Click the Copy Trade icon next to their wallet.

Or click Copy Trade button on Wallet Details Page.

Copy Trade Setup

2️⃣ Configuring Copy Trade Settings

Once you click the Copy Trade icon, the setup screen will appear. Configure the following:

Select Your Wallet

Choose the wallet you want to use for copy trading.

Wallet Address

Displays the selected trader’s wallet address.

Use % of Trader Margin per Position

• Set a percentage of the trader’s margin to mirror.

• Example: If a trader uses $1,000 margin and you set 50%, you will use $500 per trade.

Initial Margin Cap

• Set a maximum dollar amount for each copied trade.

• Example: Even if the trader uses $10,000 margin, you can cap it at $1000.

For detailed explanation in position increase/decrease refer to the methodology

Margin Increase Limit

• Limits the increase or decrease of the position size.

Copy Increase as Open Position

• If enabled, when the Source Wallet increases an already open position, your follower wallet will open a new position.

Stop Loss (%)

• Set a percentage-based stop loss to limit risk.

• Example: If you set 30%, the position will close automatically if it drops 30%.

Take Profit (%)

• Set a percentage-based take profit to lock in gains.

• Example: If you set 15%, the position will close when profit reaches 15%.

Tag

• Add a tag to organize your copy trades (e.g., "fast tx").

Copy Current

• If enabled, your follower wallet will copy all currently open positions from the Source Wallet when copy trading starts.

Run (On/Off)

• ON: Copy trade is active.

• OFF: Copy trade is paused.

Click Save to activate Copy Trade.

3️⃣ Managing Active Copy Trades

To view and manage active Copy Trades:

1. Go to the Copy Trade page.

2. See all active Copy Trades, including the trader, wallet, equity, and performance.

3. Click the Copy Trade icon to edit or remove a copy trade.

Edit Copy Trade

4️⃣ Editing Copy Trade Settings

• To modify an existing Copy Trade, click Edit.

• Change margin percentage, initial margin cap, margin increase limit, stop loss, take profit, or toggle Run Off to pause.

• Click Save to apply changes.

Monitoring Copy Trade Feed

5️⃣ Monitoring Copy Trade Activity

You can track all copied trades in Feed Activities:

• See which trades were executed.

• Monitor PnL, entry price, position size, and fees.

• Get instant updates via Telegram notifications.

6️⃣ Managing Copy Trade Positions

Manage Positions

Viewing Open Positions

Open Positions

• Navigate to Wallet Management.

• Scroll down to Manage Positions.

• Here, you will see details of all active trades, including:

  • Asset

  • Type-Leverage

  • Size

  • Position Value

  • Entry Price

  • Mark Price

  • PNL(ROE%)

  • Liquidation Price

  • Margin

  • Funding

Closing a Position

Close a Position

• Click Market under the Close Position column.

• This will immediately close the position at the current market price.

Adjusting Position Settings

• Monitor unrealized PnL and adjust strategy if needed.

• Ensure you have enough margin to prevent liquidation.

• Track funding rates for leveraged positions.

Start Copy Trading Today!

🔹 Create your wallet and deposit funds.

🔹 Find top-performing traders to copy.

🔹 Customize your risk settings and start earning.

🚀 Take advantage of Dextrabot’s powerful Copy Trading system now!