Following a Trader

Learn how to subscribe to a master trader and set up copy trading on your account.

Prerequisites

Before following a trader, ensure you have:

• Active TradeStaq account
• At least one connected exchange (paper or live)
• Available bot slot for your tier
• Pro tier or above (for live copy trading)

Step 1: Select a Master

From the marketplace:

1. Browse or search for traders
2. Evaluate their performance metrics
3. Click on a master card for details
4. Click Follow Strategy button

Step 2: Choose Exchange

Select which exchange will execute copied trades.

Exchange Options

Exchange Requirements

• Exchange must be Active status
• Sufficient balance for trading
• Matching market type (spot/futures)

Note: We strongly recommend starting with paper trading to test the master's signals before using real funds.

Selection

1. View your available exchanges
2. Check balance and status
3. Click to select
4. Click Next

Step 3: Configure Position Sizing

Set how your positions will be sized relative to the master.

Size Multiplier

The multiplier scales the master's position size:

Choosing Your Multiplier

Conservative (0.1x - 0.5x):

• Lower risk
• Smaller positions
• Good for testing

Standard (1.0x):

• Match master's sizing
• Proportional results

Aggressive (2.0x - 5.0x):

• Amplified positions
• Higher risk and reward
• Only for experienced traders

Note: Higher multipliers amplify both gains AND losses. Use with caution.

Position Limits

You can also set maximum position limits:

Configuration

1. Set your size multiplier
2. Configure position limits (optional)
3. Click Next

Step 4: Risk Settings

Configure additional risk management.

Stop Loss Override

Add your own stop loss on top of master's:

• Use Master's SL - Copy master's stop loss exactly
• Custom SL - Set your own stop loss percentage
• Tighter SL - Use whichever is tighter

Take Profit Override

Similar options for take profit:

• Use Master's TP - Copy master's take profit
• Custom TP - Set your own take profit
• Earlier TP - Use whichever triggers first

Leverage (Futures)

For futures copy trading:

Note: Lower leverage reduces liquidation risk but also reduces position size.

Step 5: Review & Subscribe

Review all settings before subscribing.

Subscription Summary

Verify:

• Master trader name
• Selected exchange
• Size multiplier
• Risk settings
• Subscription cost (if paid)

Payment (Paid Strategies)

For paid subscriptions:

1. Review pricing (monthly/yearly)
2. Choose billing cycle
3. Confirm payment method
4. Complete subscription

Create Copy Bot

1. Review all settings
2. Click Subscribe & Create Bot
3. Your copy bot is created and activated

After Subscribing

Copy Bot Status

Your new copy bot will show:

First Signal

When the master opens a position:

1. Signal is broadcast
2. Your bot receives it
3. Trade executes on your exchange
4. Position appears in your portfolio

Monitoring

Track your copy trading:

• View copied positions
• Check P&L performance
• Compare to master's results
• Review trade history

Managing Your Subscription

Adjusting Settings

To modify copy settings:

1. Go to Signal Bots
2. Find your copy bot
3. Click Settings
4. Adjust multiplier, risk settings
5. Save changes

Pausing Copy Trading

Temporarily stop copying:

1. Find your copy bot
2. Click Pause
3. Bot stops receiving new signals
4. Existing positions remain open

Note: Pausing does NOT close existing positions. Close them manually if needed.

Resuming Copy Trading

To resume:

1. Find your paused copy bot
2. Click Resume
3. Bot starts receiving signals again

Unfollowing (Canceling)

To stop following a master:

1. Find your copy bot
2. Click Settings → Delete Bot
3. Confirm deletion
4. Close any open positions manually

For paid subscriptions:

• Subscription cancels at period end
• No prorated refunds
• Access continues until expiry

Position Management

Copied Positions

When master opens a position:

Position Closure

When master closes:

Manual Override

You can manually manage copied positions:

• Close early (before master)
• Adjust stop loss
• Adjust take profit
• Add to position

Note: Manual changes are independent. Master's subsequent signals may conflict.

Troubleshooting

Signal Not Copied

Possible causes:

Different Position Size

Possible causes:

Master Closed, Position Still Open

Possible causes:

• Signal delay - wait a few seconds
• Error in execution - check bot logs
• Manual override - you modified the position

Solution:

• Check bot logs for errors
• Close position manually if needed

Worse Performance Than Master

Possible causes:

Best Practices

Starting Out

1. Paper trade first - Always test before live
2. Start small - Use low multiplier initially
3. Single master - Follow one master until comfortable
4. Monitor daily - Check positions and performance

Ongoing Management

1. Regular reviews - Weekly performance check
2. Adjust sizing - Based on results
3. Diversify - Consider multiple masters
4. Stay informed - Watch for master announcements

Risk Management

1. Set max position sizes - Limit exposure
2. Use stop losses - Add your own if needed
3. Don't over-leverage - Match your risk tolerance
4. Keep reserves - Don't allocate 100% to copying

Next Steps

• Find More Traders - Discover masters
• Become a Master - Share your signals
• Pricing Guide - Understand costs