- Recharge the documentary asset account
First of all, please confirm that there is enough free margin in the copy account
You can also click the USDT asset in the copy account to enter the sub-interface to view the copy account details
If the documentary account has insufficient assets, please use the transfer function to transfer the funds in the wallet to the documentary account.
(1) Note that currently only transfers between wallets and document accounts are supported.
(2) Maximum transfer from the wallet account: 50%. For example, if you have 10,000 u in your wallet, you can only transfer up to 5000u to your copy account.
After the replenishment of the documentary account is successful, enter the documentary community and select the favorite trader to follow the document.
2. Choose a trader
All [Senior Traders] are displayed on the homepage of the documentary community. The senior traders are the traders with excellent trading results, and the crown logo is attached to the nickname. The list shows six reference data of current traders:
[Recent P & L Ratio]:
7 days long and short profit / (7 days loss + 7 days handling fee)
[Recent Accuracy]:
7 days long and short profit orders / 7 days total trading orders
[Recent transaction frequency]:
The number of commissions with transactions in 7 days
[Recent Profit / Handling Fee Ratio]:
7-day long / short profit / 7-day total handling fee
[Proportion of recent trading time]:
7-day holding time / 7-day holding time
[Current number of followers] The number of followers
To search for [junior trader], pull the interface to the bottom, find the [View all traders] entry, and click to enter the list of all traders. You can also click the search function next to the list and enter the trader’s nickname for precise search.
Click on the trader to enter the trader’s homepage, and click [copy] in the lower right corner to enter the copy setting interface.
3. Choose copy mode
Instructions for students with documentary positions:
(1) Students can only follow the position-by-position positions of USDT settlement contracts placed by traders
(2) Student’s documentary orders are transacted at market price
(3) Once the student copy positions are generated, the leverage and margin cannot be adjusted, and the operations of adding positions and opening positions in reverse can not be performed.
(1) Order mode with fixed amount
No matter how many margin positions the trader places, the amount you follow to place the order will always be the set fixed amount. For example, if the user sets a fixed amount of 30USDT for a document, no matter how many positions a trader places, your documentary amount is 30USDT.
Note that because the number of orders placed on the contract is an integer, the actual margin amount of the position of the copy may be less than the amount you set. For example, if you set up a 30USDT copy, the actual corresponding number of contracts should be 13.28 contracts, but since only a whole number of contracts can be entrusted in the match, the actual number of orders placed is 13, and the corresponding actual order margin is 29.48. USDT is less than the fixed amount of 30USDT originally set. This is a normal phenomenon and not a system commission error.
(2) Amount ratio ordering mode (larger risk)
First, traders need to set up a value unit benchmark in advance, that is, USDT / unit. Assuming that the trader sets 10 USDT / unit, then when the trader places a contract with a position value of 20 USDT, it means that this position is 2 units of principal. When a trader places a contract with a position value of 50 USDT, it means that the position is 5 units of principal. And so on. (Note that the position value is not the margin amount)
Only after the trader sets the benchmark of the value unit, you can follow the order by the amount ratio. For example, if the amount ratio you set is 30USDT, then when the trader places an order of 2 units of principal, you open a position corresponding to the 60USDT margin. If the trader orders 5 units of principal, you open the position of 150USDT The position corresponding to the margin.
Calculation method: Assuming that the value unit benchmark set by the trader is x and the amount ratio you set is y, then when the trader places a contract with a position value of m USDT,
Margin of a single copy of a single user position = (m / x) * y
(3) Description of other parameters
Documentary currency: After selecting the currency, the documentary contract is the contract settled in that currency
Follow-up switch: if it is turned on, it will keep the position open simultaneously with the trader. If it is closed, the follow-up will be suspended, and when the trader opens the position, you will not follow the opening.
Margin utilization rate limit: when the margin utilization rate in the copy account reaches this set value, the copy will be suspended. When the trader opens the position, you will not follow the open position until the margin utilization rate is less than the set upper limit. Resume automatic order opening.
Leverage mode
[Use the master’s leverage]: The position of the copy keeps the same with the trader’s leverage
[Custom Leverage]: You can customize the leverage to be used for the copy position first, and the leverage of the copy position is the set value for you
Contract Stop Loss Range: When the latest price = opening price * (1-Stop Loss Range%), the long position stop loss is closed
When the latest price = opening price * (1+ stop loss%), the short position will be closed
If it is not set, the stop price will not be enabled.
After setting all the parameters, click the Follow Now button to successfully follow the trader. When the trader orders a contract, you will also follow the contract according to the set parameters.
4. View your copy positions
(1) Check your copy status in my copy
Click My Copy to enter the copy details. Here you will see how you are currently following individual traders.
Edit: You can change the current copy setting. Note that the new copy setting will only take effect for subsequent new positions and has no effect on existing copy positions.
No longer follow the master: clear the trader from your follow list and no longer follow the trader to place orders. Note that you must ensure that you do not currently follow the position of the trader before you can perform the operation of [No longer follow] If you have a position that follows the trader, and you do not want to follow the trader, you can first close the copy switch in the editor. After the position is closed, select [No more following].
(2) In the contract holding position interface, you can view the detailed copying position.
The positions generated by copying have a copy label, and when the trader closes his position, your copying position will also remain synchronized. You can also manually close positions or take profits and stop losses on the copy positions. However, the following positions do not support the functions of adjusting leverage, adjusting margin, adding positions, and opening positions in reverse.
5.Earnings view
(1) On the My Documents interface, you can view the profit status of your documents (including the trader’s profit).
(2) You can also check the profitability of each copy contract through the [History Order] section of the contract section.
(3) The documentary gains obtained on that day will be temporarily locked in the [Profit Lockout] of the documentary asset account (excluding the profit-sharing portion) and will be issued the next day.
