I. Risk Control Explanation
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For a specific order
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Single investment: Set initial margin for each copy trade.
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Single Take Profit: When a copy trading order's profit exceeds the set ratio or amount, the order will automatically close. This TP setting applies to every order you copy from this lead trader.
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Single Stop Loss: When a copy trading order's loss exceeds the set ratio or amount, the order will automatically close. The SL setting applies to every order you copy from this lead trader.
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For a specific Lead Trader
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Maximum Follow: The maximum margin amount for copying this trader. When the total margin for current positions reaches the set amount, copy trading will pause. You can set a cumulative maximum follow amount or set individual maximum follow amounts for each future.
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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.
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Lead trader liquidation settings: You could choose "Follow Position Liquidation" or not.
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Follow position liquidation: When the lead trader's position is liquidated, your corresponding copy trading position will also be liquidated at the market price.
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Do not follow position liquidation: If enabled, when the Lead trader's position is liquidated, your corresponding copy trading position will not be liquidated at the market price. You will need to take over the position yourself in 'Copy trades.' The system will send you push notifications, and you can choose to adjust your margin to reduce liquidation risks or close the position.
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For the global setting of Copy Trading
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Auto-unfollow:Automatically stop copying Lead Traders who have not opened positions for 21 consecutive days.
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Copy Trading Notification: You will no longer receive copy trading notifications after turning off.
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Global Stop-Loss: When the loss from copy trading exceeds a certain value within 7 days, a notification will be sent, and the set action will be executed.
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II. How to set Copy Trading risk management
1. Settings for a Specific Order
1. Visit LBank homepage, select "Copy Trading" - "My Copy Trades" - the "Lead Trader" tab - the "Details" button - click the "Edit" function in sequence to enter Futures Copy settings Page.
2. Corresponding settings can be made on the "Futures Copy Settings" page.
2. Settings for a Specific Lead Trader
1. Visit LBank homepage, select "Copy Trading" - "My Copy Trades" - the "Lead Trader" tab - the "Details" button - click the "Edit" function in sequence to enter Futures Copy settings Page.
2. Corresponding settings can be made on the "Futures Copy Settings" page.
3. Global Settings of Copy Trading
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Visit LBank homepage, select "Copy Trading" - "My Copy Trades" - click "Preference" on the right side to conduct global Copy Trading settings.
LBank Community
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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.
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