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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. Tutorials
  2. Basic topics

What is a copytrading system?

  • It’s composed of a lead wallet (to be copied), your wallet (copytrader) and an execution bot (copytrade bot).

  • It’s a system in which a copytrader aims to copy a successful wallet in order to profit similarly. Most beginner traders think they just need a wallet with big profits and high win rate but actually they need more than that.

  • You need to test your copytrading system before trading with considerable size. You have to be confident about the execution bot and wallet you are going to follow.

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Last updated 1 month ago