Copy Trading Parameter Guide

This guide explains the functions and usage of each copy trading parameter, helping you configure your auto-copy strategy effectively.

1. Copy Percentage / Fixed Amount ($)

Determines how much you invest per trade relative to the target.

  • Percentage Mode (e.g., 10%): If the target buys $100 worth of shares, you buy $10.

  • Fixed Amount Mode (e.g., $50): You always buy $50 regardless of the target's trade size.

  • How to Switch: Type the number with or without the % symbol when prompted.

2. Limit Price Offset

  • Description: Sets a price offset for limit orders so your purchase price is slightly higher or lower than the target’s, increasing fulfillment likelihood.

  • Input Requirements: Can be negative, range -0.99 ~ 0.99, or enter reset to clear.

  • Recommended Setting: Enter 0.02 to buy at $0.02 above the target price for better execution.

3. Limit Order Duration

  • Description: Sets the lifespan of a limit order.

  • Input Requirements: Seconds (positive integer), minimum 90 seconds, no upper limit.

  • Default Behavior: Orders will not cancel by default. If set, they auto-cancel upon expiration.

4. Market Order Slippage

  • Description: Represents the maximum price deviation you are willing to accept. The system always prioritizes the best available market price.

  • Note on FAK Logic: If slippage is too low, you may see error 400 no orders found to match with FAK order. Polymarket uses Fill-and-Kill (FAK) logic; if liquidity isn't found within your slippage range, the order is partially filled or killed entirely to prevent unfavorable prices.

5. Below min limit, buy at min

  • Description: If enabled, when the calculated copy amount is lower than the platform's minimum requirement, the trade executes at the minimum.

  • Platform Minimums: $1 for market orders; 5 shares for limit orders.

  • 💡 Pro Tip: Best used in combination with Item #6.

6. Ignore Target Address Trades Under

  • Description: Sets a minimum trade amount to ignore from target addresses.

  • Input Requirements: 0 ~ 9,999,999, or reset.

  • 💡 Anti-Noise Strategy: * Setup: Set Ignore to $10–$50 and Enable Below min limit.

    • Result: This filters out "dust" trades (noise). When the target makes a "real" trade (e.g., $100), even if your 1% copy ratio equals $1, the bot will ensure you enter the position at the platform minimum.

7. Max Price & Min Price

  • Max Price: Highest price to copy buy (0.01 ~ 0.99). Trades above this are ignored.

  • Min Price: Lowest price to copy buy (0.01 ~ 0.99). Trades below this are ignored.

8. Stop Loss % / Price

  • Input: Percentage (0.1% ~ 100%) or Fixed Price (0.01 ~ 0.99).

  • Execution Logic: All Stop Loss orders use Market Orders. When prices move sharply, market orders may experience price slippage.

9. Take Profit % / Price

  • Input: Percentage (0.1% ~ 100%) or Fixed Price (0.01 ~ 0.99).

  • Execution Logic (PM Constraints):

    • For orders ≥ 5 shares: The system places a Limit Order immediately to lock in gains.

    • For orders < 5 shares: The system uses Market Orders. Note that market orders may experience slippage during volatility.

10. Min Per Trade

  • Description: Minimum amount per copy trade.

  • Input: 1 ~ 9,999,999, reset, or - for no limit.

  • Logic: If the calculated copy amount is lower than this value, it executes at this minimum.

11. Max Spend Per Trade

  • Description: Maximum amount per copy trade.

  • Input: 1 ~ 9,999,999, reset, or - for no limit.

  • Logic: If the calculated amount exceeds this, the trade is capped at this value.

12. Max Spend Per Yes/No (Asset Limit)

  • Description: Maximum USD amount allocated to a single Asset (token).

  • Calculation Includes: Successfully executed orders + Open limit orders (from this bot) + The current pending trade.

  • Note: This represents your cumulative exposure per specific asset.

13. Max Spend Per Market (Market Limit)

  • Description: Maximum capital allocated to a single Market / ConditionId.

  • Logic: Sums the total USD spent on both Yes and No options within the same market to prevent over-concentration in a single event.

14. Total Spend Limit (Trader Limit)

  • Description: Total amount to spend across all assets.

  • Logic: If total exposure exceeds this, copying stops. It automatically resumes after you sell or claim positions and exposure drops below the limit.

15. Max Copy Market Number

  • Description: Maximum number of distinct markets (ConditionIds) you can hold simultaneously.

  • Purpose: A count-based limit to ensure portfolio diversification.

16. Copy Buy / Copy Sell Toggles

  • Disable Copy Buy: Stops replicating buys; continues replicating sells.

  • Disable Copy Sell: Stops replicating sells; continues replicating buys.

  • Disable Both: Pauses all copy-trading activity.

17. Sell: Market Order / Sell: Limit Order

  • Market Order: Allows slippage configuration.

  • Limit Order: Allows Price Offset and Expiration configuration.

  • 🚨 [!CAUTION] TP/SL Compatibility: If you switch Sell mode to Limit Order, TP/SL will no longer function. TP/SL is only compatible with Market Orders because Polymarket does not allow two concurrent limit orders on the same position.

18. Max 5/15min Market start Time

  • What it is: The "Sniper" or early-entry mode.

  • What it does: If you set this to 60s, your bot will ONLY copy trades made within the first 60 seconds after the market opens. Any trades made by the target wallet after the first 60 seconds will be ignored.

19. Max 5/15min Market end Time

  • What it is: The "Last-Minute" or late-entry mode.

  • What it does: If you set this to 60s, your bot will ONLY copy trades made when there are less than 60 seconds left before the market closes. Any trades made earlier in the market will be ignored.

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