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Learn how to effectively use Owly’s copy trading features.

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Finding Traders

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Discovery Page

Open Copy Trading → Explore. Discovery uses a Multi-Dimensional Ranking System to help you find “Smart Money” based on comprehensive performance metrics, not just ROI.

Smart Ranking

Algorithmically weighted scores balancing profit, risk, and stability.

Performance Filters

Filter by ROI, win rate, and time period.

Risk Metrics

View drawdown, leverage usage, and volatility.

Trading Style

Find traders matching your preferred strategy.

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Key Metrics to Consider

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Starting Copy Trading

1

Select Trader

Click on a trader card to view their full profile.
2

Review Details

Analyze their trading history, open positions, and risk metrics.
3

Click Copy

Press the “Start Copy Trading” button.
4

Select Sub-Account

Choose an eligible API Wallet, native Hyperliquid Sub-account, or authorized LeverAcc account. An account already running a bot or without readable available collateral cannot be selected; legacy Owly managed accounts are disabled.
5

Set Copy Ratio

Configure how much of each trade to copy (e.g., 0.5x, 1x, 2x).
6

Configure Risk Settings

Review this copy account’s Exit Rules (SL/TP), PE Ratio Cap, ROE entry filter, market/coin selection, and leverage synchronization. SL/TP thresholds start unset; configure the controls you require.
7

Confirm

Review all settings and start copying.

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Copy Ratio Explained

The copy ratio determines how your position sizes compare to the trader’s. For example, assume the trader’s total capital is 100,000 USDC and your capital is 10,000 USDC. If the trader opens a position using 10% of their capital, that trade size is 10,000 USDC. At a 1x copy ratio, your position would be scaled proportionally to your own capital, so your copied trade would be 1,000 USDC. The full comparison would look like this:
Copy trading fundamentally replicates trading actions, not PnL with 100% precision. Because markets are complex and can move quickly, Owly can only do its best to keep your performance as close to the trader’s as possible.
Higher copy ratios amplify both profits AND losses. Use with caution.

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Managing Active Copies

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Viewing Status

Open Copy Trading → Portfolio to see:
  • Active copy trading relationships
  • Current copy status and available positions
  • Performance for the selected period

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Stopping Copy Trading

1

Go to Portfolio

Navigate to your sub-account.
2

Find Active Copy

Locate the active copy trading card.
3

Click Stop

Press “Stop Copy Trading”.
4

Handle Positions

Choose to close existing positions or keep them open.
The stop dialog defaults to also closing positions. Clear that option to stop automation while retaining positions. Inspect remaining positions, orders, and bot cleanup status after the request; a successful submission does not guarantee every close has filled. Stopping a LeverAcc strategy does not repay its debt.

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Advanced settings and account limits

Copy settings also include spot/perpetual selection, venue filters, periodic position synchronization, TWAP copying, quote-coin synchronization, and small-position filtering. Their effect depends on enabled markets and available collateral. The ROE filter controls whether an existing source position is synchronized; it is not a stop-loss. For LeverAcc, copying pending orders is disabled. Project binding and execution authorization must remain valid. Adding or funding an account does not start copying automatically. Use History to inspect past bot operations. Review saved settings and actual fills after starting or changing a strategy. See Risk Management and Portfolio & Navigation.