PlonkBot Documentation
  • 👋Welcome to PlonkBot | PlonkBot Documentation
  • Overview
    • 💡What is PlonkBot?
  • Quick Setup Guide
    • 🔦What is pump.fun?
    • ❓Why PlonkBot?
    • 🥳Initializing PlonkBot
    • 🏦Depositing SOL
    • 🤠Main Menu
    • ⏰PlonkBot Alerts Channel
    • 💰Buying Tokens
    • ⏩Quick Buy
      • Quick Buy Example
    • 🎯Auto Snipe
      • Managing your Snipe Profiles
    • 🧠Migration Snipe
    • 🤑Selling Tokens
    • 💥Dev Sell
    • 🏧Auto Sell: Take Profit / Stop Loss
    • 👮‍♂️Trailing Stop Loss
    • 💣Bonding Curve Sell
    • 🔑Export your Private Key
    • 🎱Raydium Launch
    • 💸Raydium Sell
    • 👬Copy Trading
    • 🫂Referrals
    • 💵Withdrawing SOL
    • 🤩Importing Tokens
    • 📲Import Wallet
    • ⚙️Settings
    • 🤖Auto Sell Command
    • 👾Auto Buy Command
    • ☄️Chrome Extension Setup
      • Trading with the Chrome Extension
      • Pump.fun Direct Buy/Sell
    • 🐝Custom RPC
  • Operations
    • 📊Fee Distributions
    • 💱 $PLONK
    • ⚠️Safety & Security
  • FAQ
    • ☑️Can I change my wallet address?
    • ❔How to Import a Private Key to Phantom
    • 💐What are the best settings to use?
    • 📝How to set custom Transaction fees
    • 🧵What's the difference in Validators?
    • 😍How can I refer friends to PlonkBot?
    • 🐝Can I use a Custom RPC on pump.fun & Raydium with PlonkBot?
  • 👮‍♂️Trailing Stop Loss Example
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  1. Quick Setup Guide

Copy Trading

PreviousRaydium SellNextReferrals

Last updated 5 months ago

Copy trading allows you to copy the trades of your chosen wallets (starting on pump.fun initially), the process to setup your copy trades is simple. To start open you /settings menu and select 'COPY TRADE SETTINGS'

Select 'ADD' to create a new copy trade profile:

Edit your settings for the specific profile you can adjust each of the following:

  • Enabled / Disabled: Tap to turn the profile on and off

  • Name: Give the profile a name to easily identify

  • Pool: Copy the wallet purchases only in specific pools - Pump, Raydium or Any

  • Target Wallet: Set the target wallet that you wish to copy trades from

  • Buy Amount: Tap to edit the Buy Amount of your trades, you can enter a percentage e.g. 50%, OR enter a fixed sol amount to purchase e.g. 1.1

  • Max Total Spend: Define the max limit for how much you want to spend on this profile, if a trade executes and goes past your max total spend, the profile will be disabled. You can see the amount spent in the top summary text. NOTE: If you reenable a disabled profile, the total spent will be reset and start at 0 once again.

  • Min Buy & Max Buy: Trigger copy trades only when the target wallet buys between your set Min & Max Buy amounts. Set to 0 for ANY.

  • Copy Sells: Tap to enable selling when the target wallet sells - the percentage sold by the target wallet is the percentage that will be sold of your tokens if this settings is enabled.

  • Validator, Priority Fee and Slippage: Customize to your liking for both the buy and sell sides.

  • Disable After Trigger: After the profile is triggered once, the profile will be disabled.

  • Enable Retry: When enabled, if your first attempt at a copy trade buy fails it will be retried.

  • Skip Simulation: Tap to disable simulation on copy trade transactions, this can speed up your entry but will also likely mean more transactions failing on chain, this will cost you the transaction fee (not priority fee) each failed transaction.

When a copy trade is executed you'll see the initiated and success (assuming the transaction succeeds) just like below:

👬
Copy Trade Buy Message Example
Copy Trade Sell Message Example