After the detailed presentation about the how to do copy trading on Trojan on Solana Bot you asked me how we will be able to copy traders who buy new tokens under 20.000 market cap from the page Pump.fun.
So let's go straight to a detailed guide on how to do it and also the problems I encountered.
Table of Contents
Pump.fan
The @pumpdotfun is a website that offers the opportunity to buy many cryptocurrencies even from 3$ marketcup.
There are many tokens out there that once their marketcap exceeds 69K, and 12K of its liquidity is transferred to Raydium.
So there many traders come and exploit these tokens and make money.
Now how can we win by copying their moves.
Trojan on solana Bot
The Bot we will focus on will be with the Trojan on solana Bot a Telegram bot that you can buy and sell tokens in solana.
However, it also has a category that we can make Copy trading successful wallets
You can download it Trojan on solana bot from here and you will get -10% on fees
Now after downloading bot on telegram you will go to category Copy trading and you will put the wallet you want, personally I will put the wallet EZkouE1Q1imN8nYxp8RfWafmMMvKmfAW9Fqnqy5fSTFn which also makes a challenge the 10 sol to 200 sol
However, they are not for small wallets at least $300 in sol inside the Bot to be able to correctly get all the trades with the copy.
Here are some settings for copy trading.
- Tags: As soon as you press the Tag it will tell you to put a name you want. Take for example Copy1
- Target Wallet: Here you will write the solana wallet you want to copy trade, I do it here EZkouE1Q1imN8nYxp8RfWafmMMvKmfAW9Fqnqy5fSTFn.
- Purchase Percentage: Here you will write how much money you want the bot to buy when it opens a trade. I ordered to buy 0.060 sun (At the moment I am writing the article the 0.060 sol is $10)
- Buy Gas & Sell Gas: Here you will put 0.0034 SOL
- Slippage: Here you will put more than 45% to 70% to open the transaction for sure and then it will press the ADD button and it will show you the Activate.
Lots of trades to buy
A common phenomenon is a trader you follow opens many positions for example see the picture.
It needs a lot of attention because if you have set the bot to buy automatically for example 10$ will open you 7 positions from $10 = $70.
What I do is when he makes a new purchase as soon as he makes a profit and I am in profit along with the fees, I close 50% manually.
(That's why when you go to try and do copy trading you have to be on top of the bot and monitor it to see that everything is working normally so that there is no problem and you don't lose money ).
LIABILITY DISCLAIMER:
Cryptocurrency trading is VERY risky. Make sure you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your money
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