What it means: If you set a percentage for copy trading, you are specifying how much of each trade the trader you're copying will be mirrored in your account.
Example: If the trade account “A” you are copying makes a trade worth $1,000, and you set your copy trading account “B” percentage to 50%, your account will execute a trade worth $500 (50% of $1,000).
What it means: A multiplier increases or decreases the size of trades relative to the trader you're copying. Instead of copying the trade exactly, you multiply it by the specified factor.
Example: If the trade account “A” you are copying makes a trade worth $1,000, and you set your multiplier to 2x, your account “B” will execute a trade worth $2,000 (twice the amount of the original trade).
Risk Management: Both the percentage and multiplier settings allow you to manage risk by adjusting the size of the trades copied to your account. A lower percentage or multiplier reduces exposure, while a higher one increases it.
Account Size: Consider your account size when setting the percentage or multiplier to ensure that you don't risk more than you're comfortable with.
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In Review
💡 Feature Request
Risk Tools
Almost 2 years ago

Timotheus Schuchner
Get notified by email when there are changes.
In Review
💡 Feature Request
Risk Tools
Almost 2 years ago

Timotheus Schuchner
Get notified by email when there are changes.