The Beginner's Guide to Copy Trading Pro

Dear WEEXer,

Here is the guide on how you can become an elite trader with WEEX and make elite trades.

How do I become an elite trader?

1. Log in to the WEEX official website (https://www.weex.com/en-us) or the WEEX app.
2. Go to "Copy Trading Pro" and click on "Become an elite trader."
3. Fill in the required information.
4. Wait for approval.

What should I do when I apply to become an elite trader?

1. You must have no positions (both live and demo accounts), no pending orders, and no current trigger orders in futures.
2. It is not required to complete KYC verification.
3. An elite trader can only register one account for copy trading.

Refer to the elite trader application requirements for more details.

* Reminder:
Please ensure that the following conditions are not present during the review period or your application may be rejected.

1. Holding positions
2. Pending orders
3. Trigger orders
4. Currently following a trader

How to set your trader alias

Select the avatar icon in the top right to enter the elite trader profile page to set your alias. Please note:

1. Characters, letters, and numbers are allowed. Once set, the alias cannot be changed.
2. You may not display, disclose, or hint at your social media accounts or your contact information in your alias, personal profile, or other profiles that are displayed.

Refer to the elite trader alias, avatar, and profile settings for more details.

Elite trader data overview

1. Days active: Count starts from the registration date.
2. 3-week profit: Total profit from followers over the past three weeks.
3. 3-week PnL: recent 3-week profit ÷ total initial margin in the past three weeks.
4. 3-week win rate: number of profitable orders in the past three weeks ÷ total number of orders in the past three weeks.
5. 3-week profit (in USDT): total realized profit in the past three weeks.
6. Total copy trading profits: historical total profit generated for followers.
7. Total ROI: total profit ÷ total historical initial margin.
8. Total number of trades: total historical number of orders with closed positions.
9. Total followers: Total historical number of followers of this elite trader. Each follower account is only counted once and duplicates do not count.
10. Current number of followers: the number of users who are currently copying the elite trader.

* The above data is updated on an hourly basis. Refer to the trader data definitions for more details.

Criteria to be listed as an elite trader:

1. Complete an elite trade after becoming an elite trader.
2. Once the elite trader list is updated, you will be able to find your trader profile in the trader search.
3. Hold more than 500 USDT in your Futures Pro account.

How to make an elite trade

Initiate an elite trade order > set TP/SL > manage your followers > close position > view profit sharing

1. Place an elite trade order

 a. Elite trader page > Settings > Elite trade > Select the trading pair for your elite trade

 b. Select "Elite trade" on the Copy Trading page or go to the Futures trading page to open a position. After opening the position for copy trading, you can go to "My elite trades" or to the Futures trading page and locate "Active elite trades" to view the details.

Note:

• The position data in "My elite trades" shows the trader's own position data and does not include user copy trading data.
• Each new position opened by the elite trader is displayed separately in "Active elite trades."
• Liquidation prices are not shown for positions in the "Active elite trades" section.
• All positions in the same direction are shown in the "Positions" section on the Futures page.
• As an elite trader, you may choose to display a message on the "Copy Trading" page.
  • The trader must initiate at least one opening or closing trade for the copy trading.
• For each elite trade, the initial position size for BTC and ETH trading pairs must be no less than 10 times of the Futures Pro minimum order size. The initial position size for other trading pairs must be no less than two times the size of the Futures Pro minimum order size.
• There is a total elite trading volume limit for each elite trader (the total is the value of the open positions of all the trader's followers). When the limit is reached, new elite trades will not be copied. Follow this link for more details.

2. Setting the take-profit and stop-loss

Set the TP/SL on the "Active elite trades" page of the Futures page, and go to the elite trader's homepage to the "Active elite trades" to enter the TP/SL percentages.

Follow this link for more details.

3. Follower management

 a. Go to the Copy Trading page and to the "My followers" section to view all current followers and their equity.

 You can remove followers at any time.

 c. Removing a user only means that they will no longer follow your new elite orders. The orders that have already been placed will not be affected

Follow this link for more details.

4. Closing positions

Go to "Active elite trades" on the Futures page or go to "My elite trades" on the Copy Trading page to close positions at the market price.

 a. Elite traders can only close positions at market price.

 b. Elite traders cannot close positions with trigger orders.

 c. The "close position" feature on the Futures page is unavailable for elite traders.

 d. Go to the "Active elite trades" and to "Details" to close each position for each elite trade.

 e. Go to the "Active elite trades" and to the "Summary" to close all positions in the same direction.

Follow this link for more details.

5. View profit sharing

Go to the Copy Trading page and to the "Profit share" section to view the profit share earned from each elite trade and its details.

 a. The total profit share, expected profit share, and yesterday's profit share are displayed in USDT. These USDT values have been converted from both the USDT-M and Coin-M futures values. When distributing profits, the profit share from USDT-M futures trades will be distributed in USDT, while the profit share from Coin-M futures trades will be distributed in the corresponding cryptocurrency.

 b. The expected profit share is a dynamic value.

 c. Only followers with a contribution larger than zero will be displayed in the profit sharing details.

Follow this link for more details.

Follow this link to learn about more features.

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Thank you for your support for WEEX!

The WEEX Team

WXT Zone: https://www.weex.com/wxt

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