Copy-Trading
Copy Trading Feature
The Copy Trading feature on GDEX.pro allows you to automatically replicate the trading strategies of successful traders on the platform, potentially benefiting from their expertise without having to execute trades manually.
Accessing the Copy Trading Feature
The Copy Trading feature is accessible from the main navigation menu at the top of the GDEX.pro interface. Simply click on "COPYTRADE" to access this feature.
Understanding the Copy Trading Interface
The Copy Trading page is divided into two main sections:
TOP TRADERS: The main section displaying a list of traders whose strategies you can copy
Filtering Options: Categories to help you find traders that match your preferences
Key Elements of the Copy Trading Page
The Copy Trading interface includes:
Trader Listings: Detailed information about each trader
Performance Metrics: Statistics showing each trader's success rate and returns
Copy Trade Buttons: Buttons to start copying a specific trader's strategy
Filter Categories: Options to filter traders by different criteria
Finding Traders to Copy
GDEX.pro offers several filtering options to help you find traders that match your trading style and goals:
Filter Categories
All: Shows all available traders
Pumpfun: Traders who focus on pump-style trading strategies
Smart Money: Traders who follow smart money movements
Popular: Most followed traders on the platform
New: Recently added traders to the copy trading feature
Sniper: Traders who specialize in quick entry/exit strategies
To use these filters, simply click on the corresponding button at the top of the trader list.
Understanding Trader Performance Metrics
Each trader listing displays comprehensive performance metrics to help you evaluate their trading success:
Key Metrics Explained
1D PNL: One-day profit and loss percentage and amount
7D PNL: Seven-day profit and loss percentage and amount
30D PNL: Thirty-day profit and loss percentage and amount
7D Win Rate: Percentage of winning trades over a 7-day period
7D TXS: Number of transactions in the past 7 days
7D AVG Duration: Average duration of trades over 7 days
Last Trade: Timing of the most recent trade
Win/Loss Ratio
The win/loss ratio is displayed as a fraction (e.g., 8/7, 6/5, 5/4) and indicates:
The number of winning trades (first number)
The number of losing trades (second number)
A higher first number relative to the second indicates a better winning percentage.
Starting to Copy Trade
To begin copy trading:
Browse the list of available traders
Review their performance metrics to find traders that match your risk tolerance and goals
Click the "Copy trade" button next to your chosen trader
Set your copy trading parameters (amount to allocate, risk level, etc.)
Confirm to start copying their trades
Once set up, the system will automatically execute trades matching the selected trader's actions, proportional to your allocated amount.
Managing Your Copy Trading
After you've started copy trading, you can manage your settings and monitor performance:
Monitoring Performance
Track the performance of your copied trades
Compare results with the original trader's performance
Analyze which strategies are working best for you
Adjusting Settings
You can adjust your copy trading settings at any time:
Change the amount allocated to copying a specific trader
Modify risk parameters
Pause or stop copy trading if needed
Risk Management
Copy trading, like all trading activities, involves risk. Consider these risk management strategies:
Diversify: Consider copying multiple traders with different strategies
Start Small: Begin with smaller amounts until you're comfortable with the process
Regular Review: Periodically review the performance of traders you're copying
Set Limits: Define maximum loss thresholds that will trigger automatic stopping
Best Practices for Copy Trading
To make the most of the Copy Trading feature:
Research Traders: Look beyond just recent performance; consider consistency over time
Understand Strategies: Try to understand the strategies of traders you're copying
Be Patient: Trading results can vary in the short term; give strategies time to work
Stay Informed: Keep up with market conditions that might affect trading strategies
Use Proper Allocation: Only allocate funds you can afford to risk
Connecting Your Wallet
To use the Copy Trading feature, you'll need to connect your wallet to GDEX.pro. Refer to the Getting Started section for instructions on connecting your wallet.
Copy Trading offers an excellent way for beginners to benefit from experienced traders' knowledge and for busy investors to maintain active trading strategies without constant monitoring.
Last updated