📏What are the optimal settings to start with?
Previous6. Frequently Asked QuestionsNextWhat metrics should I look for in mirror wallets worth copy trading?
Last updated
Last updated
Keep your trade size low compared to the size of your account. Ideally less than 10% of your account (less than 2% is better for large accounts).
After you finish testing and are comfortable, use trade sizes of at least 0.1 SOL because low trade sizes make profitability challenging due to priority fees.
We recommend the sell strategy "Sell Proportionally" if you want to sell the same % of your tokens that the mirror sells on each sell.
On the controls screen, we recommend you limit your exposure to each wallet by setting a "max buys per mirror per day." Depending on your strategy, you can set this however you like.
For example, you could limit your buys to 3 per mirror per hour and 6 per mirror per day. Alternatively you can set higher limits at 10 per mirror per hour and 100 per mirror per day.
We strongly recommend setting a per mirror buy limit.
The more wallets you follow the smaller your trade size should be so that you don't max out your account and end up with not enough SOL remaining to cover the cost of entering new positions.
OdinBot has a buffer to ensure enough SOL stays in your account to cover exiting positions.