Finding the right trader to copy is one of the most important things in copy trading. We do our best to help you with finding the right trader for copying for you. We are providing in-depth trading statistics 📈 and ranking 🏆 for all traders that can be autocopied and you can see the stats transparently.
👉🏻 Read how to start Autocopying here.
The easiest way to find a good trader for Autocopy is by visiting our Leaderboard🏆. Once you open Top Traders, users are sorted by Profits Made (Sum of gross profit made on NAGA). You can change the sorting parameter or choose additional filters to narrow the results. After you have identified a top trader of interest from the Leaderboard, you can visit this user’s profile page and see his/her bio, trading statistics, feed posts and trading history.
Right under a user's name, you can see a trader’s Win Rate. This statistic tells you the percentage of winning trades as compared to the total number of trades. For example, the user on the screenshot below has a win rate of 97.20%, meaning that for every 100 closed trades, the user closed 97 trades with a profit.
Just below the win rate, you will see some other statistics:
👥 Followers: The number of users who are following this user’s activity
🔁 Autocopiers: The number of users who are copying this user’s trades
👤 Following: The number of users this user is following
👀 Visitors: The number of users who visited this user’s profile
❕Note: Click on any number to see the list of users.
Here you can see a user's social activity: statuses published by a trader or related to him. For example, it can be a notification about opening a trade, a new Copier or any other.
👉🏻 Read this article to find out more about the NAGA Feed.
This section contains a user's trading statistics. The chart along the top will show the historical performance for the time period selected.
In this case, we are seeing Galilea's “All-time” performance which shows that after 1,354 trades Galilea has had 1,316 winning trades with a total profit of more than $140,832. ❕ Note that the profits don’t just include only his trades, they include trades he has copied from other users.
The subsequent sections are Copiers, Autocopiers, Frequently Traded, and Additional Info.
💡Here are some calculations that are used throughout the stats page:
Net profit: (profit + commission + swap)
Generated trade: a trade that was created by a user without coping/autocopying/cybo/etc.
Copy trade: a trade that was created by copying or autocopying
This section is very helpful for understanding what a leader trades. For example, the above leader does 58.35% of his trades in GER30 (DAX). He also trades NAS100 (Nasdaq) and a few other instruments.
It also illustrates a breakdown of the leaders winning vs losing trades. The average profit per trade is significantly lower than the average loss per trade, but there are more than 35 times more winning trades than losing ones.
The Additional Info section tells you the Max Drawdown which measures the user’s risk by comparing the biggest decline in the user’s trading account over different time periods. The biggest decline is measured by taking the difference from a Peak to Trough in the user’s historical returns.
Here you can also see an average number of trades per week and a percentage of profitable weeks.
Average Holding time is an average time of a generated trade to be opened (from opening till closing)
Active Since is the day the user’s account was opened with NAGA.
In the “Trades” section you can see the last 20 closed trades by a user. This information can provide further insights into the types of instruments and sizes that the user trades as well as their recent performance.
❗️Make sure you've done profound research of a trader's activity before copy trading him or her. In the end, we are providing you with this powerful tool and you are the one who chooses whom to copy!