# Step 6: Find traders and start copy trading

* Selecting a trader is streamlined through [Trader Explorer](https://app.copin.io/), [Leaderboard](https://app.copin.io/GMX/leaderboard), [Open Interest](https://app.copin.io/KWENTA/open-interest/positions) or by a known trader's wallet address.

<figure><img src="https://929149727-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWQ8K8XLeUmKHmZ9mElLf%2Fuploads%2FFTg18795g16gjTYgKDHk%2Fimage.png?alt=media&#x26;token=6e80509e-25b1-4d54-9031-17f8a00ab670" alt=""><figcaption></figcaption></figure>

* Once you find the right match, you can begin copying their trades with a simple click on the "**Copy"** button.

<figure><img src="https://929149727-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWQ8K8XLeUmKHmZ9mElLf%2Fuploads%2FtPD9YZ2TWUWuBm89EEwE%2Fimage.png?alt=media&#x26;token=a6ed1798-ded0-4dc9-a403-a214ac4dc73c" alt=""><figcaption></figcaption></figure>

* Select and fill in all the required information in the setup section:

<table data-header-hidden><thead><tr><th width="79"></th><th width="160"></th><th></th></tr></thead><tbody><tr><td>1</td><td><strong>Label</strong></td><td>A field where the user can assign a custom label or name for the copying order.</td></tr><tr><td>2</td><td><strong>Copy Wallet</strong></td><td>Offers a dropdown menu for selecting the appropriate wallet for copy trading, with an additional option to create a new one.</td></tr><tr><td>3</td><td><strong>Margin</strong></td><td>Sets the upper limit for the margin per order in USD when mirroring a trader's actions.</td></tr><tr><td>4</td><td><strong>Trading Pairs</strong></td><td>Provides options for users for selecting specific cryptocurrency pairs to follow, such as BTC and ETH.<em><strong>Follow the trader</strong>: Enables users to automatically replicate all trade orders made by the selected trader, regardless of the specific cryptocurrency pairs involved.</em></td></tr><tr><td>5</td><td><strong>Leverage</strong></td><td>Allows users to adjust their leverage level, ranging from 2x to 20x, thereby scaling their buying power accordingly.</td></tr></tbody></table>

<figure><img src="https://929149727-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWQ8K8XLeUmKHmZ9mElLf%2Fuploads%2Fn6Uhih5hFMlaSAiEg7kd%2Fimage.png?alt=media&#x26;token=8ede7fdf-ca93-4d23-8021-29aa25c21c14" alt=""><figcaption></figcaption></figure>

{% hint style="warning" %}
**Reverse Copy**: Toggles the option for users to execute trades in the opposite direction to the trader’s actions.\
\&#xNAN;*If you are copying normally (not reverse copying), DO NOT enable Reverse Copy, please skip this part!*
{% endhint %}

* Stop Loss / Take Profit settings

<figure><img src="https://929149727-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWQ8K8XLeUmKHmZ9mElLf%2Fuploads%2FmRLvlthNL7BR8lSE2S4L%2Fimage.png?alt=media&#x26;token=6a8ce3d4-d367-4a9b-b11a-f2c186a462bc" alt=""><figcaption></figcaption></figure>

<table data-header-hidden><thead><tr><th width="187">Set up</th><th>Explain</th></tr></thead><tbody><tr><td><strong>Stop Loss</strong></td><td>Position Stop Loss automatically closes a copied position if the market moves unfavorably, limiting potential losses.</td></tr><tr><td><strong>Take Profit</strong></td><td>Position Take Profit automatically closes a copied position to secure profits when the market reaches your desired level.</td></tr></tbody></table>

* Advance settings

<figure><img src="https://929149727-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWQ8K8XLeUmKHmZ9mElLf%2Fuploads%2FTzj2LtmfuEyvL7YkfzmF%2Fimage.png?alt=media&#x26;token=79c035b0-bcc4-4c1a-a177-621b7e5d9ff9" alt=""><figcaption></figcaption></figure>

<table data-header-hidden><thead><tr><th width="286">Set up</th><th>Explain</th></tr></thead><tbody><tr><td>Max Margin Per Position</td><td>Sets a maximum margin limit per position when the trader increases the position.</td></tr><tr><td>Margin Protection</td><td>This feature adjusts your order volumes to match the recent trading behavior of the selected trader in which the system analyzes the trader's last 10 orders, ensuring your investments proportionally reflect any changes in their trading strategy, without relying on fixed order sizes.</td></tr><tr><td>Skip Lower Leverage Position</td><td>Skips copying trades with lower leverage than specified.</td></tr></tbody></table>

<figure><img src="https://929149727-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWQ8K8XLeUmKHmZ9mElLf%2Fuploads%2FbVIOJVK5PeubQMr6dcVs%2Fimage.png?alt=media&#x26;token=f81aa8d2-f75a-4102-973f-707df1782842" alt=""><figcaption></figcaption></figure>

* Tick to **Checkbox**: Requires users to confirm they have read and agree to the Copytrading Service Agreement. Initiates the copy trading process based on the settings by clicking on **Copy Trade** button
* You can also choose "Clone Settings" at the top right to save a copy of these settings when copying other traders

<figure><img src="https://929149727-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FWQ8K8XLeUmKHmZ9mElLf%2Fuploads%2F2CYxsrbaikXJkkFZTxal%2Fimage.png?alt=media&#x26;token=d5f88e2c-051a-47e1-91c9-16e28a08897f" alt=""><figcaption></figcaption></figure>

* Open Telegram to link your Telegram account with the Copin.io BOT to receive notifications every time a trader starts trading and the status of your copied trades