Follower operation process: choose your trader(s) - set copy trading parameters - check your copy trade data - edit the copy trade - close positions.
I. Choose your trader(s)
1. Go to the copy trading page and view the list of Top Lead Traders or All Lead Traders. You can also search for a specific trader by entering their Nickname;
2. Click on the trader's card to view the detailed data of the trader;
For more information on a trader's copy trading data, refer to the "Copiers view the data of Lead Trader Details" guide.
3. In the "Trader's page" you want to copy, click the "Copy Trading" button to proceed, and check the "Copy Agreement" to start copying;
4. Important points:
(1) You can follow multiple elite traders at the same time.
(2) If a trader's capacity is full, you can only copy them when there are available slots.
II. Set copying trading parameters
On the Futures copy settings page, you can configure the following parameters:
a. Set initial margin for each copy trade: You can choose Fixed margin, Proportional amount, or Smart ratio.
b. Set Maximum Follow: The maximum margin amount for copying this trader.
Advanced Settings:
c. Set Single Take Profit and Single Stop Loss: When the profit or loss of a copied order exceeds the set proportion or amount, the order will be automatically closed. This setting will be applied to each order you copy from this signal provider.
d. Set copy trading stop-loss: When your set stop-loss amount is reached, the system will automatically discontinue copy trading and handle the remaining positions as per your settings.
e. Set Lead trader liquidation settings: Select your liquidation setting when the Lead trader's position is liquidated.
f. Futures Settings: Choose the future trading pairs you want to follow.
g. Confirm copy trading parameters.
Check for more info "Futures Copy Trading Modes and Parameter Explanation"
III. View copy data
When succeed in copy trading settings, you can go to "My Copy Trades" to view detailed copy trading data.
1. Go to "My Copy Trades" page
Visit the LBank official website, click on "Copy Trading" to enter the copy trading plaza, then click on "My Copy Trading" to access the page;
2. On "My Copy Trades" page, you can view the following data:
a. Copy Trading Profits: You can view the Total PnL and Today's PnL.
b. Page Overview: Includes the Trading Performance chart, My Lead Trader, and Current Orders.
c. Lead Trader: It covers both the currently followed Lead Traders and Historical Lead Traders. When a trader opens a position, you will open a position simultaneously.
d. Orders: On this page, you can view details of current orders and historical orders.
Check for more information and operations on "My Copy Trading," refer to the "Followers View "My Copy Trades" Data" guide.
IV. Edit copy trading
1. Enter the "My Copy Trading" page, select "Lead Trader", enter "Details", and click "Edit" to edit the copy trading settings or cancel following the traders.
2. Explanation of editing copy trading settings:
(1) After stopping copy trading, the positions that have been copied and opened will not be affected. They will continue to follow the lead traders until they close the positions, or you can close positions manually.
(2) The modified copy trading parameters will only apply to new copy trading orders. Existing copied positions will not be affected.
V. Close Positions
1. When the lead trader you are following closes positions, the copy trading system will automatically close your copied positions.
2. Followers can independently close their current copied positions. You can find "Current Following" on the "Futures" page.
For more information and instructions on how followers can close their copy trading positions, refer to the "What Happens When the Trader Closes a Position" guide.
3. Additional Information:
a. Each copy trading order will be displayed separately on the "Current Following" of the Future page.
b. If you close a position using the position closing function, it will prioritize closing the positions you opened manually.
For more features, refer to the "Introduction to Follower Features" guide.
LBank Community
For any assistance, please contact us at our official email service@lbank.com. We are dedicated to providing quality, professional and prompt support.
Disclaimer: Digital assets are subject to high market risks and price volatility. The value of your investments may fluctuate, and could even lead to a loss of principal. You are solely responsible for your investment decisions, and LBank is not liable for any losses you may incur. You should invest only in products you are familiar with and understand the risks involved. You should carefully consider your investment experience, financial status, investment objectives, and risk tolerance, and consult an independent financial advisor before any investment. Past performance is not a reliable indicator of future performance. Content on the LBank platform does not include advice or recommendations, and should not be construed as financial advice.
LBank reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
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