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Copy Trading

Automatically mirror the trades of successful wallets in real-time. Add wallets to follow and copy their buys and sells automatically.

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What is Copy Trading?

Copy trading is a trading strategy where you automatically replicate the trades of other successful traders. When a wallet you're following buys a token, your wallet automatically buys the same token. When they sell, you sell.

This strategy is particularly popular in crypto trading because:

Experienced traders often identify opportunities before the market
You can benefit from others' research and market knowledge
Automated execution ensures you don't miss trades
You can follow multiple successful wallets simultaneously

SMAUG's Copy Trading bot monitors your selected wallets 24/7 and executes trades within milliseconds of the original transaction, ensuring you get similar entry and exit points.

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How SMAUG Copy Trading Works

The copy trading system operates through several stages:

Monitor Target Wallets

Real-time monitoring of all wallets you're following

Detect Transactions

Instantly identifies when a target wallet makes a swap

Apply Filters

Checks transaction against your configured filters

Execute Copy Trade

Automatically replicates the trade with your settings

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Speed Matters

Copy trading success depends heavily on execution speed. SMAUG uses premium infrastructure and Jito bundles to ensure your copy trades execute as quickly as possible after the original.

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Adding Wallets to Follow

The first step in copy trading is selecting which wallets to follow. You can add wallet addresses in the Copy Trading interface.

Finding Profitable Wallets to Copy

Finding consistently profitable wallets is key to successful copy trading. Here are some strategies:

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On-Chain Analytics

Use tools like Birdeye, Dexscreener, or Solscan to identify wallets with consistent profits on new token trades.

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Top Trader Leaderboards

Check leaderboards on platforms like Pump.fun or trading analytics sites to find successful traders.

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Social Media & Alpha Groups

Follow crypto Twitter and join Telegram/Discord groups to discover wallets of known successful traders.

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Track Smart Money

Identify wallets that were early buyers on multiple successful tokens using transaction history analysis.

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Verification Warning

Always verify wallet performance yourself. Past performance doesn't guarantee future results. Start by copying with small amounts until you're confident in a wallet's consistency.

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Configuration Options

Configure your copy trading settings to match your risk tolerance and trading style.

Connection Settings

Configure your wallet and connection for copy trading.

Option	Description	Default
Private Key	Your trading wallet's private key for executing trades	-
RPC Endpoint	Standard, Turbo gRPC, or Custom RPC for transaction submission	Standard
WebSocket Endpoint	Real-time connection for monitoring target wallets	Auto

Buying Settings

Control how copy buys are executed.

Option	Description	Default
Transaction Executor	Jito Bundles for MEV protection or Standard execution	Jito
Buy Amount	Fixed SOL amount to spend per copy trade	0.05 SOL
Copy Percentage	Alternatively, copy a percentage of the original trade size	Off
Max Buy Amount	Maximum SOL to spend on any single copy trade	1 SOL
Slippage	Maximum price deviation allowed for buy transactions	30%

Selling Settings

Configure how sells are handled.

Option	Description	Default
Copy Sells	Automatically sell when the target wallet sells	On
Sell Percentage	Percentage of holdings to sell when copying a sell	100%
Auto Take Profit	Sell automatically when token reaches a profit target	Off
Auto Stop Loss	Sell automatically when token drops below a threshold	Off
Sell Slippage	Maximum slippage allowed for sell transactions	40%

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Independent Exits

Consider enabling Auto Take Profit and Stop Loss even when copying sells. This protects you if the target wallet doesn't exit a position quickly enough.

Token Filters

Apply filters to avoid copying trades on risky tokens.

Option	Description	Default
Min Token Age	Only copy trades on tokens older than this threshold	Off
Min Liquidity	Minimum pool liquidity required to copy a trade	5 SOL
Max Market Cap	Skip copy trades on tokens above this market cap	Off
Token Blacklist	List of token addresses to never copy trade	Empty
Skip Filters	Check freezable, mintable, and other token security flags	Varies

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Risks & Considerations

While copy trading can be profitable, it comes with inherent risks that you should understand:

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Slippage Differences

You may get a worse entry price than the original trader, especially on low-liquidity tokens or fast-moving markets.

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Timing Delays

Even millisecond delays can mean significantly different prices on volatile new token launches.

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Wallet Manipulation

Some wallets may trade specifically to attract copy traders, then dump on them. Be cautious of suspicious patterns.

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Strategy Changes

A wallet that was profitable may change strategies, make mistakes, or stop trading altogether.

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Never Risk More Than You Can Lose

Copy trading involves substantial risk. Start with small amounts, diversify across multiple wallets, and never invest money you can't afford to lose.

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Step-by-Step Guide

Follow these steps to start copy trading:

Navigate to Copy Trading

Go to /copytrading or select "Copy Trading" from the sidebar navigation.

Configure Your Wallet

In the sidebar settings, enter your trading wallet private key and select your preferred RPC endpoint.

Add Wallets to Follow

Add the Solana wallet addresses you want to copy. Start with 1-3 wallets that you've researched and verified.

Set Buy Parameters

Configure your buy amount, slippage, and whether to use fixed amounts or percentage-based copying.

Configure Sell Settings

Choose whether to copy sells automatically and set any additional take profit or stop loss levels.

Apply Filters

Set token filters to avoid copying trades on risky tokens. Configure minimum liquidity and other safety checks.

Start Copy Trading

Click "Start Bot" to begin monitoring. The system will automatically copy trades from your selected wallets.

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Tips & Best Practices

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Diversify Your Wallets

Don't put all your eggs in one basket. Follow 3-5 different wallets with different trading styles to spread risk.

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Verify Before Trusting

Research wallet history thoroughly before adding them. Check their win rate, average profit, and how long they've been trading consistently.

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Start Small

Begin with minimal amounts (0.01-0.05 SOL per trade) until you're confident in the wallets you're copying.

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Monitor Regularly

Check your copy trading performance daily. Remove wallets that start performing poorly and replace them with new ones.

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Beware of Honeypots

Some wallets may buy tokens that can only be sold by certain addresses. Always have token filters enabled to catch common rug patterns.

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