> For the complete documentation index, see [llms.txt](https://tradewiz.gitbook.io/tradewiz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://tradewiz.gitbook.io/tradewiz/copy-trade/new-copy-trade.md).

# New Copy Trade

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<figure><img src="/files/Kwk6iqlY327cuZnly7qW" alt=""><figcaption></figcaption></figure>

The wallet used for the current copy task. Click to switch wallets

## Basic Copy Settings

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#### **Fixed copy**

**Copy Buy Amount:** The amount you want to copy for buy orders

**Sol Spending Limit:** the max amount you can spend this wallet

**Copy Sell:** Copy sell orders, usually following the copied wallet’s sell actions.

#### Buy Ratio

**Buy Ratio**: you buy amount = the copied wallet buy amount × the percent you had set

**Copy Spending Limit**: you single copybuy will not exceed this range

#### Buy Dip

<figure><img src="/files/uuGD8VuuRashD9308oYz" alt="" width="449"><figcaption></figcaption></figure>

**Buy Dip** allows you to follow the trader only when your conditions are met after their buy.

* **Trader Holding**
  * **No sell-off**: Triggers only if the trader hasn’t sold (includes a 1-second safety delay).
  * **Any**: Triggers regardless of whether the trader still holds.
* **Duration**\
  The time window during which Buy Dip remains valid; if the condition isn’t met, no order is placed.
* **Buy Change (%)**\
  Positive = buy after price increases; Negative = buy after price drops.

#### Dex Pool

You can select DEX pool here. You will only copy tokens from the pools you choose

#### Trade settings

You can customize these settings specifically for this copy task. By default, they are the same as the settings in[ Trade Settings](#trade-settings)

## Adv Copy Settings

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**Token Market Cap:** Set a market cap range, and you will only copy tokens whose market cap falls within this range

**Min Token Liquidity:** The token purchase will not be copied if the liquidity pool is below this threshold

**Token Age:** Set a time range, and you will only copy tokens that fall within this period.Token Age is only effective for Pumpfun,Meteora DBC,Raydiium Launchlab tokens only

**Trader Buy Limit:** You only copy buy if the trader's spend amount within this range

**Buy Times per Token:** If the address you copy buys the same token multiple times, you will only copy purchases up to the set number of times

**Buy Times Reset after Sold**: If enabled, the "Buy Times per Token" will reset after copying the sale of the token. If the other party repurchases the token, you will copy the purchase again

**Auto Retry**: This feature supports setting the number of automatic retries. If the copy trade fails, it will immediately retry, increasing the success rate of the copy trade

**No Duplicate Buys from Target Wallet:** After the user enables copy trading and 'No Duplicate Buys from Target Wallet', if the trader has already purchased a token and later buys the same token again, the user will not copy the purchase of that token

**Unrenounced:** Choose whether to copy the token purchase from the norenounced pool

**Unburned:** Choose whether to copy the token purchase from the burned pool

**Sell Proportionally:** Sell the percentage of the token you hold based on the copied trader's percentage sale of their holdings. If disabled, the sale amount will be determined by multiplying the copied trader's sale amount by the buy percentage

**First Copy Sell:** When enabled, the first time the other party sells any amount of a token, you will sell the percentage of your holdings of that token

**Only Copy Sell:** Only replicates the wallet’s sell orders and skips buy orders

**Active Period:** The time period during which the copy task is active

## Auto Sell

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#### TP\&SL

TP/SL allows setting price change percentages and sell ratios to take partial profits or stop losses, enabling flexible position management

Tip：When you enter "-", the TP will automatically switch to SL.

#### Trailing Stop

Trailing stop order helps lock in profits and manage risk by automatically adjusting the stop-loss as the market price moves. When the price moves favorably, the stop-loss rises to protect gains. If the price reverses, the order is triggered to exit the position, preventing further losses

For more detailed information, please click on ["Trailing Stop"](https://tradewiz.gitbook.io/tradewiz/copy-trade/pages/cUC3NLud9OqVElMMm7v7#id-3.-how-a-trailing-stop-works-example-5-trail)

#### Dev Sell

Automatically sell the token when the Dev sells it

#### Time

Set the delay before selling and the proportion of tokens to sell

#### Note

The slippage and fees for Auto Sell can be configured in the [Trade Settings](/tradewiz/trade-settings.md)
