🔎Recommendations for Choosing Traders
Choose Directional Traders // Avoid Market Makers It’s generally preferable to copy traders who pursue clear, directional strategies, rather than those relying heavily on funding rate strategies or market-making. Directional traders usually have few concentrated positions running - on the other hands, market makers or funding rate arbers are not as selective and have a lot of positions running at the same time (this is a red flag).
Avoid Over-Reliance on Limit Orders You risk partial fills or missed entries if a trader primarily uses tight limit orders for strategies such as bidding liquidations. Look for directional time-frame traders whose entries and exits are more straightforward to replicate.
Medium Timeframe is the Best Traders who scalp in and out of positions are not good fits for copytrading since they rely a lot on precise exits and entries. Choose traders who have trade holding time in hours and days rather than minutes.
Verify Trading History The best wallets to copy are those with a consistent track record of outperformance—or at least effective drawdown management—across various market conditions. Use Hyperdash to view past orders, PnL curves, and more.
Choose Traders with >30k Equity To prevent the potential copytrader abuse, we put a minimum cap on trader's equity before it is possible to start copytrading them. This way you are protected from sudden withdrawals and malicious actors.
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