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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

The Discovery page 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

MetricWhat to Look For
Ranking ScoreHigher score indicates better overall balance
Sharpe Ratio> 2 indicates excellent risk-adjusted returns
Max DrawdownLower is generally safer (< 20%)
Win Rate> 50% combined with good risk/reward
Trade FrequencyMatches your preferred activity level

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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 which sub-account to use for copying.
5

Set Copy Ratio

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

Configure Risk Settings

Set Portfolio SL/TP to protect your total equity, along with max leverage and position limits.
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 RatioTrader Opens 10% Position ($10,000)You Open
0.5x$10,000$500
1x$10,000$1000
2x$10,000$2000
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

On your Portfolio page, you can see:
  • Active copy trading relationships
  • Real-time position mirroring
  • Performance since starting

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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.
When you stop copy trading, you can choose whether to close all open positions at the same time.