Solana Copy Trading
Are you eager to explore copy trading on Solana but not sure where to start? In this tutorial, we’ll guide you through the process step by step on how to do copy trade on Solana.
Let’s get started!
Finding The Top Traders
If you want to copy the trades of the top players or whales you will need to use a tool like DEX Screener:
- Find a trending coin on DEX Screener on the Solana ecosystem
- Click on the “Top Traders” menu
- Find a successful trader and save its wallet address
P.S. If you want to learn how to find insider wallets that make 1000X, you can read this guide: https://medium.com/@0xPenelop/he-turned-4-7k-into-1-8-million-in-just-a-year-mainly-from-one-low-cap-gem-ece2727a9c5f
How To Copy Trade With Trojan Bot
1. Access Copy Trade Feature
- Launch Trojan Bot on Solana.
- Navigate to the main menu and click on “Copy Trade.”
2. Manage Wallets
- From the Copy Trade screen, you can manage existing wallets or add a new one.
- Click on “New” to set up a new copy trade configuration.
3. Set Up Target Wallet
- Specify a unique tag for your Target wallet.
- Enter the wallet address you wish to copy trade.
4. Choose Buy Amount
- Determine the amount of Solana you want to spend for each trade.
- Alternatively, set your buy amount as a percentage of the Target wallet’s buy amount.
5. Set Buy Gas
- Prioritize your buys by specifying the buy gas.
- This helps ensure timely execution of trades.
6. Copy Sells (Optional)
- Enable the toggle if you want to copy sells from the Target wallet as well.
7. Add and Start Copy Trading
- Once all parameters are set, click on “Add” to initiate the copy trading process.
- Your wallet is now ready to copy trade buys and sells whenever the Target wallet performs a swap.
Ohh… One More Thing!
If you want to nail perfect exit point and sell the top I recommend you to use this AI indicator.
Conclusion
Congratulations! You’ve successfully set up copy trading on Solana using Trojan Bot.
Stay tuned for more tutorials, and happy trading!
Note: Ensure you have the necessary Solana tokens in your wallet to execute trades and always conduct thorough research before engaging in any trading activity.
