Beginner's Guide for Copy Trading Followers (App)
- New Guidance
Huobi Copy Trading offers a simple and transparent way for users to copy excellent strategies. Both novice and veteran traders can win from this copy-trading relationship.
By copy trading, followers synchronize their trades with those of copied traders to obtain the same yields, while the copied traders will earn a share of the followers' profits.
How to Start Copy Trading on Huobi (for followers)
This guide to futures copy trading will help you kickstart your copy trading journey on Huobi.
On Huobi App
Step 1: Tap Copy Trading on the homepage to enter the Futures Copy Trading page.
Step 2: Tap Leaderboard to filter traders by leaderboard, ROI, total profits, and follower's PnL.
Tap My Copy Trading to view your currently copied trades.
Tap My Trader to check the trader you are following now.
Tap Copy Trading PnL to view your current copy-trading profits.
Tap Become a Trader and you can apply for a trader.
Step 3: Tap traders' avatars to view their trading details.
The trading details are disclosed for your reference: total PnL (USDT), number of followers, win rate, ROI and daily PnL charts, futures copy-trading data, current and history positions, followers, etc.
Step 4: Select your favorite trader and tap Follow. Set up copy-trading parameters: fixed margin, position limit, take profit ratio, and stop loss ratio. Tap Follow to enter the confirmation page.
Fixed margin: The margin of every copy trading order in a range of 20-400.
Position Limit: Position Limit refers to the maximum position size (principals) allowed for your copy-trading positions. Once the limit is reached, the orders that open a position will not be copied, but the orders that close a position will be copied. If this field is left blank, a default maximum limit will be used.
We kindly remind you to set up suitable take-profit and stop-loss ratios to reduce the volatility of your assets.
It's also important to set up a reasonable fixed margin and position limit to properly manage your entry cost.
You can only follow one copied trader at a time. You will need to unfollow the current trader before following another.
*Please transfer assets to your Copy Trading account if there are no assets available in the account.
Step 5: Review to confirm your copy-trading parameters and tap Follow to confirm the copy-trading relationship.
You can only follow one copied trader at a time. You will need to unfollow the current trader before following another.
Step 6: Go back to the Copy Trading page.
Tap My Trader and you can check your current followed trader, history followed traders, today's return, and cumulative PnL. You can tap Unfollow to end the current copy-trading relationship.
Tap Copy Trading PnL and you can check the profit details of your copied trades including total profits, today's return, cumulative PnL, and proceeds details.
Step 7:
Congratulations! You have successfully followed a trader. When the copied trader opens or closes a position, so do you.
On the Copy Trading page, tap My Copy Trading and you can check your currently copied trades and history trades.
Tap Copied Trades to see the information on your currently copied positions.
Tap History to check your previously copied trades.
Trade on the go with Huobi App (iOS/Android)
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Huobi reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and Huobi makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on Huobi. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.
