Copy Trading Guide

Automatically follow successful traders on Polymarket

What is Copy Trading?

Copy trading allows you to automatically mirror the trades of successful Polymarket traders. When a trader you're following makes a trade, Polycule will automatically execute a similar trade in your account based on your configured settings.

Key Features:

  • Automatic Execution: Trades execute instantly when your target makes a move
  • Flexible Sizing: Copy with fixed amounts, percentages, or custom ranges
  • Advanced Filters: Set market criteria like minimum liquidity, volume, and odds limits
  • Copy or Counter: Follow a trader's strategy or bet against them
  • Custom Sell Rules: Configure how to handle sells differently from buys

Getting Started

Step 1: Access Copy Trading

Use the /copy command in the Polycule bot to access the copy trading menu.

Step 2: Add a Copy Trade

Click "➕ Add New Copy Trade" and you'll be guided through the setup process:

  1. Enter the Ethereum wallet address of the trader you want to follow
  2. Set a nickname (optional but recommended for easy identification)
  3. Choose between Copy or Counter trading
  4. Configure your copy amount settings
  5. Set up any advanced filters (optional)

Step 3: Save and Activate

Once configured, your copy trade will be active and will automatically execute when your target trader makes qualifying trades.

Copy Modes

📊 Percentage Mode

Copy a percentage of the original trader's position size.

Example: If you set 50% and the trader bets $100, you'll automatically bet $50.

📏 Range Mode

Copy a percentage but with minimum and maximum limits.

Example: 10% of their trade, but never less than $5 or more than $100. With those settings, if the 10% fell below $5, it would round up to $5, and if it went above $100, it would cap at $100.

💰 Fixed Amount Mode

Always copy with the same dollar amount regardless of their trade size.

Example: Every trade you copy will be exactly $25, whether they bet $10 or $1000.

🔄 Copy vs Counter

  • Copy: Bet on the same outcome as the trader
  • Counter: Bet against the trader (opposite outcome)

Advanced Settings

Fine-tune when your copy trades execute with these advanced filters:

⏰ Max Days Out

Only copy trades on markets ending within X days. Avoid long-term markets if you prefer short-term trading.

💰 Max Per Market

Limit total investment per market. Prevents over-exposure to any single market.

💧 Min Liquidity

Only copy trades on markets with sufficient liquidity. Ensures you can exit positions easily.

📊 Min Volume

Require minimum trading volume. Focuses on active, popular markets.

🎯 Max Odds

Set maximum odds threshold (e.g., 0.8 = 80%). Avoid copying trades on very likely outcomes. If you set it to 0.8, you won't copy trades on markets with odds above 80%.

🚀 Min Trigger

Minimum amount the original trader must trade to trigger your copy. Filters out small test trades. So if you set your min trigger to $10, you won't copy trades where the original trader places trades under that amount.

Sell Configuration

Configure how your copy trades handle sell orders. Access this through "💰 Manage Copy Sells" in the copy trade menu.

🔄 Same % as Trader (Default)

When the trader sells a percentage of their position, you sell the same percentage. Most common and recommended setting. For example, if the trader sells 20% of their position, you will also sell 20% of yours.

💰 Fixed Amount

Always sell a fixed dollar amount regardless of how much the trader sells. Useful for consistent profit-taking.

📊 Custom % of Position

Sell a custom percentage of your position when the trader makes any sell. Example: Always sell 25% when they sell any amount.

Managing Copy Trades

View Your Copy Trades

The main copy trade menu shows all your active copy trades with their current settings, including pause status and share links.

✏️ Edit Copy Trades

Modify any setting of your existing copy trades including amounts, filters, and advanced settings.

⏸️ Pause/Resume

Temporarily pause copy trades without deleting them. Useful when you want to stop copying temporarily but keep your settings.

🗑 Delete Copy Trades

Permanently remove copy trades you no longer want. This action cannot be undone.

📤 Share Copy Strategies

Each copy trade generates a unique share link that others can use to copy your exact settings. Share successful strategies with friends! You will earn referral rewards when others use your link to setup the same copy trading settings.

Best Practices

💡 Risk Management

  • • Start with small amounts while learning
  • • Use max amount limits to control risk
  • • Set max per market limits to avoid over-concentration
  • • Monitor your copy trades regularly

🎯 Trader Selection

  • • Research traders' historical performance
  • • Look for consistent, profitable trading patterns
  • • Consider their trading frequency and market focus
  • • Use nicknames to organize and track multiple traders

⚙️ Configuration Tips

  • • Use min trigger amounts to filter out small/test trades
  • • Set appropriate max odds to avoid copying obvious outcomes
  • • Configure sell settings to match your profit-taking strategy
  • • Use liquidity and volume filters for better trade execution

📈 Performance Monitoring

  • • Review your positions regularly with /positions
  • • Track which copy trades are most profitable
  • • Adjust settings based on performance
  • • Consider pausing underperforming copy trades

⚠️ Important Reminders

  • • Copy trading involves risk - never invest more than you can afford to lose
  • • Past performance doesn't guarantee future results
  • • Always maintain sufficient USDC balance for copy trades to execute
  • • Keep some POL for gas fees on Polygon network

Quick Start Checklist

  1. 1Fund your Polycule wallet with USDC for trading
  2. 2Use /copy to access the copy trading menu
  3. 3Find a successful trader's wallet address
  4. 4Click "➕ Add New Copy Trade" and enter their address
  5. 5Choose your copy mode (start with percentage mode)
  6. 6Set a small copy percentage or fixed amount to start (1-5%)
  7. 7Configure basic filters (optional but recommended)
  8. 8Save your copy trade and monitor performance

Ready to Start Copy Trading?

Start following successful Polymarket traders today with Polycule's automated copy trading system.

Start Copy Trading with Polycule