• Language & Exchange Rate Switch
  • Preference Settings
    Rise/fall colour
    Start-End Time of the Change
Web3 Exchange
Announcement
Activity
Bi-Weekly Report
Institutional&VIP
Gate Learn
Delisted
Gate Wealth
New Listed
Gate Charity
Finance
Trade Competion
Deposit&Withdrawal
ETF
Live
Gate Card
rename
Announcements Gate.io Copy Trading User Notice - Copying Mode Is Optimized!
Gate.io Copy Trading User Notice - Copying Mode Is Optimized!
2022-08-05 01:47:39 UTC 55257 Read

Update highlights:

1. Copying mode of Gate.io Copy Trading is optimized as "full copy mode( that is, Quick Copy mode in the page" and "free copy mode (that is, Advanced mode in the page)"
2. Enable the lead trader to open two-side positions on the same contract.
3. The copier can follow the trader's in the mode of cross margin and isolated margin.
4. Copiers can switch the copying mode during the copying process
5. Explanation of the logic of opening a position and adding a position
6. Logical optimization of closing a position manually by copiers

1.What is the full copy mode?

The copier completely follows the trader in accordance with his leverage multiple, cross margin/isolated margin mode, and selects all the futures led by the trader. Then follow the trader to open/add a position or close/reduce a position in accordance with the trader's fund proportion, which will makes the copier consistent with the trader in ROI. The free copy mode is quite the same as the original version of the "advanced copy" in principle, and users can customize the parameters such as leverage according to personal preferences.

2.Notes in full copy mode

2.1 Follow the trader in trading leverage

In the full copy mode, the copier does not need to set the trading leverage, who will completely follow the leverage used by the trader. if the trader uses 100X leverage, the copier also uses 100X leverage, and the copier can break through the limits of original 20X leverage on BTC/ETH and 10X leverage on other contracts. At the same time, the copier should be aware of the high risk.

2.2. Select all the futures led by the trader

In the full copying mode, in the case that the trader does not trade in contracts other than the leading contract, and the copier has sufficient funds, the copier's profit will be consistent with that of the trader if he/she selects all the futures led by the trader.

2.3 Users adjust the mode during the copying process

Users can adjust the copy mode at any time during the copying process, and the adjustment takes effect immediately.
Adjusted from full copy mode to free copy mode
Copying amount: unchanged;
Leverage: leverage that you copy the trader - > the specified leverage;

Copy multiplier: follow the trader in accordance with his proportion of the copying account and the trader's available funds - > specified copy multiplier;
Maximum copy amount limit: No -> specifed maximum copy amount limit;
Setting of take profit and stop loss: ratio of take profit and stop loss that you copy the trader-> specified ratio of take profit and stop loss

Tips: it's noted that due to the fact that the parameters such as copying funds and copying multipliers are adjusted according to the user's own situation, there may be an inconsistent ROI between the copiers and traders. It is recommended that users should use the full copying mode!!
Adjusted from free copy mode to full copy mode
Copying amount: unchanged;
Leverage: the specified leverage - > leverage that you copy the trader;
Copy multiplier: follow the trader in accordance with his proportion of the copying account and the trader's available funds - > specified copy multiplier;
Maximum copy amount limit: specifed maximum copy amount limit -> No;
Setting of take profit and stop loss: specified ratio of take profit and stop loss-> ratio of take profit and stop loss that you copy the trader

2.4 Follow the trader in cross/ isolated margin mode

Previous version: it's cross margin mode when there is 0X leverage for copiers; it's isolated margin mode when there is not 0X leverage for copiers
After optimization: follow the trader in cross/isolated margin

2.5 Follow the trader in trading direction (it supports the lead trader to open two-side positions )

Previous version: the logic of the copiers is to follow the position change of the trader.
After optimization: the user follows the position change of the trader's actual long or short direction, and automatically follows the trader's one-side/two-side mode adjustment. If the trader holds the BTC future at the same time: 100 long positions, 50 short positions, and the trader reduces 60 long positions, the copiers will follow the trader's operation of reducing long positions.

2.6 Copiers close positions manually

After the copier closes the position manually, the available balance of the copy account increases, and the copier will continue to copy according to the ratio of the available balance of the new copy account to the trader' available funds.

2.7 Open/add a postion

Place an order according to the proportion of available funds. If the trader's available funds are 10000u, the order amount is 1000u, and the proportion of funds used is 10%. If the amount available for the copier's copy account is 500u, the order amount is: 500u * 10% = 50u.
● Minimum copying amount< order amount: copy according to an amount of 50u;
● Minimum copying amount> order amount: not copy; (The copier needs to ensure that the copy amount is sufficient as much as possible, otherwise the inconsistent ROI between the trader and the copier will happen.)
● When the number of copies is less than 1 calculated by the copier according to the proportion of funds, it will be rounded down, that is, if the number of copies is 1.6, it will be rounded down to 1;

Judge whether the copiers can keep up with the trader's operation of opening a position. If he can keep up, then he is able to follow the trader in the future operation, otherwise he can't judge whether he can copy or not until the trader clears the position and re-opens the position.

● When the trader opens a position, the copier can finish a complete coping when he has sufficient funds all the way;
● When the trader opens a position, the copier has sufficient funds in the beginning, but the subsequent copy operation is insufficient, then he can copy in the case of sufficient funds, ;
● When the trader opens a position, the copier can't copy with insufficient funds. And he will not copy the future until it is cleared;

Close/reduce a position

Copy according to the proportion of positions. If the trader has 100 BTC futures, and the copier holds 10BTC futures in the copying account, when the trader reduces the position by 20%, that is, 20 futures, the copier's copy account will also reduce the position by 20%, that is, 2 futures.

● Minimum number of transactions< number of orders: copy 2 futures;
● Minimum number of transactions> number of orders: rounded up, copy 1 future;
● When reducing the position, when the number of copies is less than 1 calculated according to the proportion of the position, it is rounded up, that is, if the number of copies is 1.6, it will be rounded up to 2;

When there are no open positions in the copy account, the operation of closing/reducing positions is not copied.


Gate.io reserves the final right to interpret the product.
Share Posts
Related Articles
Gate.io Copy Trading: Trade With Lead Traders Who Survive the Black Swan Crisis; Win & Share 20,000U... [Lead Trader] How Can Lead Traders Level Up? Gate.io Copy Trading Triple Rewards: Win Up to 400 USDT Individual Rewards! Guide to Futures Martingale Strategy Percentage Channel Strategy Instructions on Bots Trial Funds
Language and Region
Exchange Rate
Go to Gate.TR?
Gate.TR is online now.
You can click and go to Gate.TR or stay at Gate.io.