What is Copy Trading?

Copy trading lets you automatically replicate the trades of experienced traders. When they buy, you buy. When they sell, you sell. It's like having a professional manage your portfolio.

How It Works

1. Browse rankings on Arena to find top-performing traders

2. Analyze their profile — check ROI, drawdown, win rate, and trading style

3. Follow them on their exchange's copy-trading platform (Binance, Bybit, OKX, etc.)

4. Set your allocation — decide how much capital to allocate

Benefits

• No experience needed: Let proven traders make decisions
• Diversification: Follow multiple traders across different styles
• Transparency: See real-time performance before committing

Risks

• Past performance ≠ future results: Even top traders have losing streaks
• Drawdown risk: A 50% drawdown means you need 100% gain to recover
• Slippage: Your fills may differ from the trader you're copying

How Arena Helps

Arena's Arena Score combines profit, risk, and confidence into a single risk-adjusted metric. Use filters like "Low Risk" (low drawdown) or "Consistent" (high win rate) to find traders matching your risk tolerance.

> Pro tip: Don't put all your capital with one trader. Spread across 3-5 traders with different trading styles for better risk management.