Lead traders: How do I carry out lead trades?

Published on Dec 21, 2022Updated on Oct 30, 20242 min read214

What does creating lead trade mean?

After you become a lead trader, you can continue carrying out trades on the regular trading page. If a trade involves one of your selected lead trade contracts, a signal will be automatically sent to traders copying you, and they’ll automatically copy the trade at the market price.

How should I manage lead trades?

Your lead trade orders will be shown in order management at the bottom of the trading page, and also in the lead trading section.

There are two display types for viewing lead trade orders, which are Detailed and Overview. The differences are as below:

  • Detailed: display all data broken down by individual orders.

  • Overview: show aggregated data for each contract type. Due to risk control reasons, the data of Overview display will also include data from orders that weren’t copied.

After a trader starts leading a trade, they can set the take profit and stop loss. To ensure a positive experience for copy traders, when setting a stop loss/take profit order price, or when closing a position, the lead trader can only use the limit price and custom close amount.