Dear CoinTR users:
「Auto Follow」and 「Follow multiple traders at the same time」are available for CoinTR Copy Trading now. You are welcome to try it.
What is Auto-follow mode？
For Copy Trade settings, the「Automatic」way to calculate the size of orders is added.
[Fixed] and [Leverage] require the user to actively enter the amount of a single order. However, after selecting [Automatic] mode, the system will calculate for followers' positions automatically based on a certain ratio when the trader opens a position. The ratio is the trader's assets and the follower's assets in Copy Trading account. The [Auto] mode allows the users to follow the trader's strategy exactly at the level of fund as well.
For example:
If trader A has a balance of 1,000 USDT in the copy account, trader A uses 100 USDT with 5 times leverage to long BTCUSDT. If a follower invests 500 USDT, the follower's opening ratio is 500/1000=0.5. It means the follower long 0.5*100=50 USDT BTCUSDT with 5 times leverage.
Advantage: The position of the follower and the trader are similar, that is to say, the risk of the position is basically the same. This mechanism lets the risk of follower's positions stay at a relatively lower level. In the long run, traders can better help followers in risk control and income management.
Follow multiple traders at the same time
Users can select multiple traders for copy trading at the same time, and each time they follow a new trader, they need to set new copying parameters and allocate follow-up funds for the trader. The following funds are isolated from each other, and the risks and benefits are calculated separately.
Advantages: Followers can choose traders with different styles to follow, allocate funds flexibly, and disperse investment risks.
In addition, the balance of the user's history copy account defaults to the total amount of following the current trader.