Copy trading

Bitget Copy Trading: Updated Guidelines for Futures Copy Trading Followers

2023-12-12 03:380247

1. How to start Bitget futures copy trading?

Step 1: Head to Copy in the homepage navigation bar > Futures Copy Trading to enter the page.

Step 2: Choose an elite trader you want to follow, then use Copy to enter the copy trade page. You can view data like copy trade coin pairs, ROI, win rate, AUM, and profit share ratio.

*How do I decide on the elite trader to follow? View the Trader Selection Guide for details.

Step 3: Choose the copy mode (diverse follow/smart copy).

Step 4: Configure the copy trading parameters.

1. If you select diverse follow, configure the following settings:

a. For diverse follow, a unified fund pool is used for all elite traders. If the fund pool is empty, users need to transfer in a minimum amount to enable the feature.

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b. If the fund pool is not empty, users can choose Fixed Amount or Multiplier to make copy trades.

i. Enter a fixed amount for each trade if you choose the former.

ii. Enter a multiplier if you choose the latter.

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c. Read the Futures Copy Trading Parameters Explanation for other optional parameters.

d. Switch to advanced mode on the top right to set the copy mode (fixed amount/multiplier), leverage, maximum amount, TP/SL, and slippage for each trading pair.

2. If you select smart copy, configure the following settings:

a. Enter the investment amount for the elite trader as required. The amount will be transferred from your futures account after you configure your copy trading settings.

b. Read the Futures Copy Trading Parameters Explanation for other optional parameters.

*Note:

(1) For diverse follow, after you apply the copy trading upgrade, your leverage for cross margin mode will be 10X by default.

(2) For smart copy, followers will use cross/isolated mode and the leverage of elite traders.

(3) Your settings will be saved as the default once selected.

(4) For a single elite trader, you can only select one copy mode.

(5) You must close all open orders under the elite trader if you want to switch the copy mode.

Step 5:

1. Diverse follow: Use Next and click Confirm in the pop-up window to complete the configuration.

2. Smart copy: All you need to do is select Copy.

2. How to change copy trading parameters?

Step 1: Head to Futures Copy Trading > My Trades > Follower Center (read the Follower Center Introduction for details).

Step 2: Find elite traders you want to modify the parameters of under Current Elite Traders in Overview or Currently Following under Diverse Follow or Smart Copy.

1. Use the Details button to enter the elite trader's page.

2. Use the Edit button in the copy trading settings to modify the parameters.

3. How to view copy trade data?

Step 1: Head to Futures Copy Trading > My Trades > Follower Center (read the Follower Center Introduction for details).

Step 2: Head to Overview to view data such as total performance, currently following, order details, and following history.

Step 3: You can view the above data for both diverse follow and smart copy.

4. How to modify the copy trading investment amount?

1. How to modify the copy trading investment amount for diverse follow?

For diverse follow, a unified fund pool is used for all elite traders. You can adjust the investment via Follower Center > Diverse Follow or use the Adjust Investment button for a specific elite trader in the copy trading page.

Method 1:

(1) Head to the Follower Center.

(2) Enter the Diverse Follow page.

(3) Use the Adjust Investment button in the Total Investment section to make adjustments.

Method 2:

(1) Select a new elite trader.

(2) Use the Adjust Investment button in diverse follow to make adjustments.

2. How to modify the copy trading investment amount for smart copy?

Under smart copy, followers will configure a separate fund pool for each elite trader, allowing them to make adjustments based on different elite traders.

(1) Head to the Follower Center.

(2) Find elite traders under the smart copy section.

(3) Use the Adjust Investment button to make adjustments.

Note that the minimum investment amount is 50 USDT for both diverse follow and smart copy. You cannot reduce the investment amount below 50 USDT.

5. How to set TP/SL?

Step 1: Head to the Follower Center.

Step 2: Enter Currently Following under diverse follow or smart copy and modify the sort order to By Orders.

Step 3: Use the TP/SL button on top of the order list to modify the settings. You can also batch modify settings.

6. How to close positions manually?

Step 1: Head to the Follower Center.

Step 2: Enter Currently Following under diverse follow or smart copy and modify the sort order to By Orders.

Step 3: Use Close All Positions at the top of the page to close all positions directly. You can also close individual positions with the Close button beside them.

7. How to unfollow elite traders?

Step 1: Head to the Follower Center.

Step 2: Find the elite trader you want to unfollow under Current Elite Traders in Overview or Currently Following under Diverse Follow or Smart Copy.

Step 3: Use the Details button to enter the elite trader's page.

Step 4: Use the Unfollow button to unfollow the elite trader.

For diverse follow, unfollowing a single elite trader won't affect the overall investment amount since there is only one fund pool for all elite traders. For smart copy, the investment amount will be returned to your futures account after you unfollow since every elite trader will have a separate fund pool.