The wallet testing phase
Last updated
Last updated
After finding some good candidates, we will start testing them.
You should add from 0 to 2 wallets per day in your operation. No more than that.
If you are new or don't have time, don't copy more than 2-3 wallets at once.
You are not trying to profit at this stage but rather discover if the wallets you selected are good for copytrading.
The betting size should be minimal. Do it with something like 0.01 or 0.001 SOL.
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.
Insert the wallets you're using on Ray (), so it will notify when they trade. This way you watch closely how they're performing.