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How does Autocopy work?
How does Autocopy work?

Learn how NAGA Autocopy works on NAGA Help Center❓If you have questions, please contact our Support Team

Support Team avatar
Written by Support Team
Updated over a week ago

Autocopy is a powerful 💪 tool anyone can use to take advantage of traders' expertise by automatically mirroring their trading activity and results.

Before you actually start Autocopying you'll need to follow these simple steps:

👨‍💻 Choose a trader whose trading strategy you'd like to copy.
🔁 Click the Auto Copy button.
💸 Choose the Autocopy type and enter the investment amount.
🔁 Click the Auto Copy button in the right corner to confirm and start copy trading.

👉🏻 Learn what do you need to start Autocopying here.

▫️After you confirmed your Autocopy settings ⚙️, the algorithm will automatically mirror any eligible trade opened by a copied trader.

▫️That means that any order that falls within the parameters you set, will be copied instantly 🔁 unless there are insufficient funds on your balance or another issue. In this case, the order will be skipped, and you'll get a notification about the issue that prevented trade from being copied.

▫️The copied trade will be automatically stopped ⏹ when a trader closes the order.

❗️Please note: Copied trades are always linked to the master trade.

However, you can set your own limits for copied trades. It means that a copied trade closes when a master trade closes or when the set limits are reached, whichever takes place first.

For example:

If limits are reached while master trade is open, copied trade will be closed on the set values. However, if a master trade closes prior to reaching the limits you set, a trade will be closed too.

➡️ You can also set individual limits for each copied trade.

You can copy an unlimited number of traders simultaneously. Every eligible trade of a copied trader will be mirrored automatically until you pause Autocopying.

❗️Please note: Any active position copied before you stopped Autocopying a user, will still be linked to the master trade until closed by a trader.

👉🏻 Learn how to stop copying a trader here.

💁🏼‍♀️ If you still have questions about copy trading check other related articles.

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