Copy trading is a trading model that allows users to automatically follow a trader's trades. Users can replicate the trader's opening and closing operations, earning profits while learning trading strategies and improving their trading experience.
I. What is Copy Trading?
Copy trading refers to a user (the follower) automatically following a selected trader's order placement and closing operations. When the trader's order is profitable and closed, the user's order is simultaneously closed, locking in profits.
✅ Key Features:
• Automated Trading: After the trader opens and closes positions, the user's account executes the same operations synchronously.
• Operational Permissions: Users can manually close positions, adjust stop-loss and take-profit levels, etc., at any time.
• Learning Trading Strategies: Users can observe the trader's trading strategies to improve their trading skills.
📌 Suitable for:
• Novice investors with no trading experience.
• Traders who don't have time to monitor the market.
• Users who want to learn trading strategies.
II. How to Copy Trade?
The steps are as follows:
1. Access the Copy Trading Function
• Open the Bitxex exchange and go to the Contract Trading page.
• Click 【Copy Trading】 to enter the copy trading function interface.
2. Activate Copy Trading Service (Required for first-time users)
• If this is your first time accessing the copy trading function, you need to activate copy trading permissions.
3. Select a Trader
• On the copy trading interface, select your preferred trader and click 【Copy Trading】.
• You can view the trader's historical returns, trading strategies, win rates, and other data, and choose a suitable trader to follow.
4. Set Copy Trading Parameters
• Select the copy trading contract (BTC/USDT, ETH/USDT, etc.).
• Set the leverage ratio (e.g., 5x, 10x, 20x, etc.).
• Select the copy trading method (fixed amount or proportional copy trading).
• Preset stop-loss and take-profit levels to control risk.
• Set the maximum margin to avoid exceeding your risk tolerance.
5. View Copy Trading Data
• After successfully copying a trade, you can view the following on the 【My Copy Trading】 page:
• Current copy trading position information
• Realized net profit
• Unrealized profit/loss
6. Manage Copy Trading Account Funds
• If the copy trading account has insufficient funds, you can transfer funds (Assets → Copy Trading → Fund Transfer).
7. Adjust or Terminate Copy Trading
• You can manually adjust stop-loss and take-profit levels or close positions at any time on the 【My Copy Trading】 page.
III. How to Become a Trader (Lead Traders)?
Steps are as follows:
1. Access the Copy Trading Function
• On the Bitxex contract trading page, click 【Copy Trading】 to enter the copy trading interface.
2. Apply to Become a Trader
• Click the 【Apply to Become a Trader】 button.
3. Meet the Trader Requirements and Submit an Application
• You must meet the platform's minimum requirements for traders (such as trading experience, profitability, risk management capabilities, etc.).
• After submitting the application, wait for approval.
4. Led Trading
• Once the application is approved, the trader will open a position in the perpetual contract area, and the copy traders' accounts will open positions simultaneously.
• Traders can optimize their trading strategies to improve the profits of their copy traders.
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