How to copy trade as a Follower?

2024-08-21 01:51

Copy trading is a platform where a user (known as a Follower) who is typically a new trader, can see Pro Traders' positions and copy the trading positions as their own.

For a follower, copy trading would mean sitting back and observing how experienced traders use their techniques and strategies in the markets.

Participate in Toobit's Copy Trading program and earn high returns together!

Here is a guide on how to copy trade as a Follower.

Navigate to the top left of the homepage. Hover on "Copy Trading" and click on "Copy Trading".

After entering the contract copy trading page, users can filter traders by "Profit Rate", "Total Profit", and "Win Rate" to select their desired Pro Trader to follow. After selecting your preferred trader, click "Copy" and follow the page's prompts to set your "Total Investment Amount," "Single Order Amount," "Daily Investment Limit," and "Copy Trading Leverage." Once you have completed that, click on "OK".

Total Investment: The maximum total amount of capital you plan to use for this copy trading contract.
Amount of single opening position: The maximum amount of capital the trader can use for each order.
Daily Investment Limit: The maximum amount of capital you plan to invest in copy trading each trading day. This is optional; If you do not set this, you may reach the maximum investment limit in one order or within one trading day.

*Note: Currently, only transfers from spot accounts to copy trading accounts are supported. If there is no available balance in the spot account, you need to transfer or deposit in advance.

Once you have reviewed all the information and it is correct, click "Confirm" to start the copy trade.

The following information will be available at the top of the page: Total Investment, Copy Trading Profits, and PNL.

"My Pro Traders" lists all the traders you are currently following. If you need to adjust the investment amount and/or leverage under a Pro Trader (or cancel an order), find the target trader and select 'Cancel Copy Trading' or 'Edit' on the right side of the Pro Trader.
Notice: Currently the system only supports adding investment, if you want to reduce the amount, you will need to unfollow the pro trader and re-initiate copy trading. How to adjust the investment amount and leverage

Users can view their copy trading information by clicking on "Current Copy Trades". If you want to close a position or share the current copy trading profits with friends, find the target trader and click "Close" or "Share" on the far right side of the pro trader.

To view a complete history of all your copy trading details as a Follower, you can click on "Copy Trades History".

And that's it! You have officially applied to become a Follower on Toobit.

*Note*

Currently, each account can follow up to 5 pro traders. You cannot follow new traders once this limit is reached.

If you have any further questions, please email support@toobit.com.