Copy Trading allows you to automatically replicate the trading strategies of elite performers on WOO X Pro. This guide will walk you through the steps to find a Lead Trader and start copying their futures positions.
Step 1: Navigate to the Copy Trading Hub
1. Log in to your WOO X Pro account.
2. From the top menu, hover over Ai Hub and select Copy Trading. You will be directed to the Master Rankings page.
Step 2: Analyze and Select a Lead Trader
The Master Rankings page is your dashboard for finding a trader. You can filter and sort the list to find a strategy that matches your risk appetite. Key data points include:
· AUM: The total assets under master's management. Higher investment can indicate community trust.
· PnL: Shows total realized and unrealized profit/loss
· Performance Metrics: Look for indicators like Win Rate, Average ROI, and Trading History.
· Risk Warning: Always remember the disclaimer: "Past performance does not guarantee future results. Crypto-futures trading involves significant risk, and you may lose all your invested capital."
Click on a trader's card to view their detailed profile and performance charts before proceeding.
Step 3: Initiate the Copy
Once you have chosen a Lead Trader, click the Copy button on their profile card or within their detailed page. A setup window will appear.
Step 4: Configure Your Copy Trading Settings
You must configure two critical parameters before copying begins:
1. Copy Amount: Enter the amount of funds you want to allocate to copy this trader. This amount will be used as margin for the copied futures positions.
2. Loss Limit: The maximum loss you can tolerate. When losses reach this amount, all positions close and copying stops automatically.
Step 5: Confirm and Monitor
Review your settings carefully. Once you confirm, the funds will be allocated, and your account will automatically start copying the trader's futures positions. You can monitor the performance of your copy trading relationships in the Holding section of the Copy Trading hub.
How to Stop Copy Trading a Trader?
Access Your Holdings
Step 1: Navigate to your Copy Trading dashboard
· Go to "My Holding" section
· Find the trader you want to stop copying from your list
Step 2: Initiate Stop Copying
· Locate the specific trader in your holdings list
· Click the "Stop Copying" button next to that trader
Step 3: Review Summary
Before confirming, review the important details:
Step 4: Confirm
· Click the green "Confirm Stop" button