1. What is contract copy trading?
XXKK contract copy trading allows investors to use a single fund to simultaneously replicate the strategies of multiple elite traders, providing diversified investment opportunities. In this mode, there is no need to allocate separate funds for each trader followed. The same pool of funds can be used to follow an unlimited number of traders at the same time.
When following traders, followers can choose to copy trades based on a fixed margin or a quantity ratio:
Copying with a fixed margin means each copied trade uses a fixed margin cost, regardless of the amount of each trade placed by the trader; copying by quantity ratio means the number of orders placed in each copied trade is a fixed multiple of the trader’s order quantity.
2. What are the advantages of XXKK contract copy trading?
a. Provides diversified investment opportunities, spreading risk across different traders’ trading styles;
b. Helps capture every market opportunity, ensuring no potential breakthrough trades are missed;
c. Extremely efficient use of funds, as multiple traders can be followed using a single shared fund pool.
3. How to perform contract copy trading?
a. Click “Copy” on the preferred trader’s homepage to enter the copy trading settings page;
b. Required: Enter investment amount (USDT): specify an investment amount for copy trading, which will serve as the shared fund pool for all traders. The investment amount can be transferred from the contract account or purchased directly. The total investment must be ≥ the minimum follow amount set by the trader;
c. Required: Choose copy trading method: Fixed Margin & Quantity Ratio;
Fixed Margin: represents the margin cost for each copied trade
Quantity Ratio: represents the multiple relationship between each copied trade and the trader’s trade
d. Select contracts: add the contracts you want to follow;
e. Set margin mode and leverage: represents the risk level of each copied position when following this trader.
f. Click “Next” and confirm the copy trading.
4. Notes on using XXKK contract copy trading
a. When copy trading contracts on XXKK, all traders share the same fund pool, so it is necessary to keep a certain amount of funds reserved in this pool to ensure the normal operation of copy trading.
Introduction to Copy Trading
