🔁Copy Trading
Copy Trading Instructions:
You can copy someone else's trades according to the proportion of your buy amount. You can also fix the amount by setting a maximum and minimum buy limit per trade, and you don't need to have the same SOL as the other party.
Setting a total investment amount can control your risk. You will only lose the SOL you have set aside for copying trades. Once this amount is spent, no further purchases will be made unless the copied trade is sold.
Slippage:
When you initiate a copy trade, the current price is the base for slippage. Your purchase price will be at most the slippage range. If the price rises beyond this range, your trade will not be executed, and you will be notified of a slippage failure.
PUMP Slippage:
When you initiate a trade, your purchase amount is fixed, and the number of tokens you receive will decrease if the price rises. (If you set the slippage to 50%, then you will get 50% of the tokens, your cost will be 1/50%=2, and you will buy the token at a maximum of 2 times the price.)
MEV Attacks:
If your slippage is set too high, you may be subject to MEV attacks, which can raise your buy price. If you enable MEV protection.
Base Price for Copy Trading Slippage:
The slippage of copied trades is based on the trader's price. However, automatic retries are based on the price at which the trade was initiated.
Copy Speed:
TradeWiz's copy speed is faster than all other bots. With the same GAS FEE of 0.002 SOL, TradeWiz can mostly complete a trade within 1 seconds and trade in the same block as your trader, ensuring you make your trades quickly and efficiently.
Reasons for Slow Trading Speed:
Your gas fee is set lower than the fee for other transactions simultaneously, network congestion, or the transaction retried after a slippage failure.
Why Did Your Purchase Amount Exceed Your Single Trade Limit?
You bought a token on PUMP, and the PUMP slippage logic means that when you initiate a trade, the number of tokens you receive is fixed, but the SOL you spend will increase if the price rises. You need to set the PUMP slippage in the copy trading settings, which indicates the percentage of extra SOL you are willing to spend.
How to Seek Support:
Ask questions in the TradeWiz official Telegram group, and we will respond quickly to your inquiries, providing you with the support you need to navigate the platform.
If it's a transaction issue, send your transaction hash.
Note:
TradeWiz staff will never DM you first. Anyone who DMs you first is a scammer.
Starting with Copy Trading
In the menu, click on 'Copy Trading'
This interface displays the total number of copy tasks for each wallet, as well as how many copy tasks are currently active
All Copy Trades sell only
It means that the system only executes sell orders for the tokens you previously bought by copying the corresponding trader
Pause All / Resume All
Pause or resume all copy tasks
Each token only buy once
All your copy tasks will only purchase a specific token once
Alert Mode
full : In this mode, you will receive all notification messages
standard : When the system is in Standard Mode, if a copied trader buys a coin and you do not hold that coin yourself, the system will not send any position-related notifications
light : When the system is in Light Mode, the system only sends selected important notifications, including successful or failed trade alerts
Create new copy task
Copy Trading Feature Description
Wallet:The wallet used for the current copy task. Click to switch wallets
Tag: Helps you identify the address.
Buy Percentage: Your purchase amount = the copied wallet multiplied by the percentage.
Max and Min Buy: Your single purchase amount will not exceed this range (calculated based on the buy percentage), but if it exceeds your set maximum or minimum purchase amount, you will buy the set maximum or minimum amount.Set both values to the same number to buy a fixed amount of the token each time.
SOL Spending Limit: The maximum amount that can be spent copying this address. The SOL amount spent copying purchases will be deducted from this limit. When copying sales, the SOL received will be added back to this limit.
Buy Limit per Token(1)(2)(3): 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 Limit per Token" will reset after copying the sale of the token. If the other party repurchases the token, you will copy the purchase again.
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.
Max SOL For Target Wallet: If the address you're copying exceeds a certain amount of SOL, you won't follow the trade.
Min SOL For Target Wallet: If the trade's amount falls below this threshold, the trade will not be copied.
Platforms: All the trade pools that bot supported in copytrading.
Min LP: The token purchase will not be copied if the liquidity pool is below this threshold.
Max and Min Market Cap: The purchase will not be copied if the token's market cap is outside the specified range.
Max and Min Token Age: Token Age is only effective for Pumpfun,Meteora DBC,Raydiium Launchlab tokens only.
Copy Sell: Decide whether to copy-sell transactions. If disabled, sell transactions will not be copied.
Sell Proportionally to Target Wallet: 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.
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.
First Sell Copy Percentage: 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.
Slippage: When you initiate a copy trade, The buy price of the address you copied will be used as the basis for slippage. Your purchase price will be at most the slippage range. If the price rises beyond this range, your trade will not be executed, and you will be notified of a slippage failure.
PUMPFUN Slippage: When you initiate a trade, your purchase amount is fixed, and the number of tokens you receive will decrease if the price rises. (If you set the slippage to 50%, then you will get 50% of the tokens, your cost will be 1/50%=2, and you will buy the token at a maximum of 2 times the price.)
Copy Trade Auto Sell: For more details, please refer to AUTO SELL
Start Time and End Time：The time period during which the copy task is active.
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