Copy Trading: Will my position size be different if I set my leverage to be different from the elite trader I'm copying?

Dear WEEXer,

Read on to find out if different leverage means different position size in copy trading.

FAQ

Will my position size be different if I set my leverage to be different from the elite trader I'm copying?

The copier sets their copy trade position size as 50% of the elite trader's position size. However, the copier only opened a position of 500 lots when the elite trader opened a position of 2,500 lots. Why did this happen?

Here are some reasons why:

Certain situations can occur when a copier copies an elite trader with a set leverage:

1. The position size will be the size set by the copier when the copier's leverage is lower than that of the elite trader.
2. When the copier's leverage is higher than that of the elite trader, the position size will be: (the size set by the copier ÷ leverage) × elite trader's leverage.

For example:

Let's assume the elite trader's leverage is 50× and the size set by the copier is 10 lots.

1. When the copier's leverage is set at 25×, the copy trading position size will be 10.
2. If the copier's leverage is 75×, the copy trading position size = (10 ÷ 75) × 50 = 6 (rounded down)

Thank you for supporting WEEX!

The WEEX Team

Official website/sign-up and download link

https://51weike.xyz

Helpful WEEX resources

WEEX video tutorial: https://weexsupport.zendesk.com/hc/en-us/categories/4410744976409-WEEX-Video-Series-Tutorial

WEEX Help Center: https://weexsupport.zendesk.com/hc/en-us

Official channel

Customer service Telegram account: https://t.me/weex_group

Supported platforms:

Feixiaohao

Cryptowisser.com