Selecting the right lead trader is crucial for successful copy trading. By evaluating performance metrics, trading strategies, and risk profiles, you can align your investments with traders who match your financial goals. This guide provides a step-by-step approach to choosing top-performing lead traders.
Navigating to the Copy Trading Page
- Access the Platform: Go to Discover > Smart Trading.
- Switch to Copy Trading: Select the Copy Trading subsection.
- Choose a Trader: Click Copy on your preferred trader’s profile.
👉 Explore top-performing lead traders now
Selecting a Lead Trader
Key Data Indicators
Rank traders using these metrics:
| Indicator | Description |
|---|---|
| Overview | Weighted score combining multiple performance indicators. |
| Win Rate | Percentage of profitable orders. |
| PnL% | Profit relative to investment cost. |
| AUM | Total assets managed by followers copying the trader. |
| Current Copies | Number of active copy traders. |
| Copy Traders’ PnL | Aggregate profits/losses of followers. |
Note: Data updates hourly.
Overview Ranking
The Overview ranking weighs these factors:
| Indicator | Weight |
|---|---|
| Cumulative PnL% | 20% |
| Recent PnL% (30/7 days) | 25% |
| Max. Drawdown (Historical/Weekly) | 20% |
| Copy Trader Metrics | 35% |
Trader Profiles
Click a trader’s name to view:
- Detailed trading history.
- Portfolio composition.
- Follower statistics.
Pro Tip: Follow or copy directly from the profile page.
FAQ Section
1. How often is lead trader data updated?
Data refreshes hourly for accuracy.
2. Can I copy multiple traders?
Yes, diversify by copying several traders simultaneously.
3. What’s the minimum investment for copy trading?
Minimums vary by platform; check individual trader requirements.
4. How do I assess a trader’s risk level?
Review their max drawdown and historical volatility.
5. Is past performance a guarantee of future results?
No—always monitor performance and adjust your strategy.
Final Tip: Use a demo account to test strategies risk-free.