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  • Getting Started
    • Welcome to dEdge
    • Features
    • Starting the bot
      • Analyze Wallet
      • Wallet Finder
      • Curated Wallets
      • Filtered Wallets
    • Understanding the Metrics
      • Tokens Traded, Win Rate & Open Trades
      • Distribution of Trades PnL in percentiles
      • PnL Summary
      • SOL Spent, Received and Net SOL
      • Trading Deltas
      • Trading Fees
  • Tutorials
    • Basic topics
      • What is a copytrading system?
      • The execution bot
      • High delta wallets
      • Avoiding Snipers & HFT's
      • Tips for choosing a wallet
      • Tips for setting up the execution bot
  • Advanced Topics
    • Testing execution bots
    • Building a profitable operation
    • The research phase
    • The wallet testing phase
    • The scale up phase
    • The profitable operation
  • Extras
    • 1-to-1 Expert Call
  • Copytrade Analyzer
  • API
    • Wallet Batch API
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  1. Advanced Topics

The wallet testing phase

PreviousThe research phaseNextThe scale up phase

Last updated 1 month ago

  1. After finding some good candidates, we will start testing them.

  2. You should add from 0 to 2 wallets per day in your operation. No more than that.

  3. If you are new or don't have time, don't copy more than 2-3 wallets at once.

  4. You are not trying to profit at this stage but rather discover if the wallets you selected are good for copytrading.

  5. The betting size should be minimal. Do it with something like 0.01 or 0.001 SOL.

  6. Keep trading fees at the right level. Doesn't mind if the trading fees are eating up more than trading size at this stage. This is a learning phase. It's better to lose small here than have an expensive learning by copying the wrong wallet with a considerable size.

  7. Insert the wallets you're using on Ray (), so it will notify when they trade. This way you watch closely how they're performing.

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