🗡️Sizing and Risk Parameters
Sizing and risk parameters
Position sizing depends on the amount of traders you are copytrading. As an example, if you are copytrading 2 traders and one of them is levered 3x and the other is flat (no positions), you are going to be 1.5x levered.
Soon you will be able to set up stop losses on your copied positions.
Leverage settings (!)
During the testing period maximum leverage that your account can have varies on the amount of traders that you follow.
6x if you follow 1 trader
4x if you follow 2 traders
3x if you follow 3 traders
If you follow a single trader and they leverage more than 6x, the system will adjust the exposure back to the maximum leverage. To avoid unnecessary trade churning, you can do the following:
Diversify to 2 or 3 traders so their combined leverage is less than 6x
If copytrading a single wallet, make sure that you choose one that does not lever more than 6x
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