Bitget short-term copy trading strategy is part of our global trading strategy. For stable profitable trading, we recommend using two trading strategies at the same time. In this case, your deposit will feel comfortable both in a highly volatile market and during small consolidations. Therefore, we recommend that you also set up a Bitget medium-term copy trading strategy.
If you are not registered on the Bitget Exchange for copytrading – Do it and get a 5% bonus on your deposit!
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Bitget Short Term Copytrading Strategy Details
The main goal of the strategy is to catch fast trades of 3-5% on local price impulses.
- The number of probable trading situations per year – 180
- Maximum trading leverage – 20
- The optimal trading leverage is 13
- Minimum trading leverage – 7
- The maximum amount of entry into one position is 15% of the total deposit
Now, using the example of 7, 13 and 20 leverage, we will calculate the maximum position size you will have if you enter a position for 15% of the total deposit.
Let’s say your deposit is $1000. If you have 20 leverage, the maximum size of one position will be:
1000*0.15*20=$3000 (3rd leverage)
If you have 13 leverage, the maximum size of one position will be:
1000*0.15*13=$1950 (2nd leverage)
If you have 7 leverage, the maximum size of one position will be:
1000*0.15*7=$1050 (1st leverage)
The position is entered by 1 or 3 equal orders. The size of the entry into the position depends on the volatility of the market and the size of the potential stop order.
In order for the total position amount to not exceed 15% of the total deposit by entering 3 orders, one order must be 5% of the total deposit. If your deposit is $1000, then the volume of one order should be:
$1000*0.05%=$50
To join a short-term trading account, where you need to enter the settings, follow this link
This value must be entered in the “Fixed amount” field during copy trading settings:
In what trading situations will we enter with one order, in which with three?
If the distance to a fair stop order is about 1%, the entry into the position will be 3 orders (15% of the total deposit). If the stop order is 3% – entry into the position with one order (5% of the total deposit).
Attention! More than 3% stop order is not allowed for this Bitget copytrading strategy.
Additional Goal of Bitget Short Term Copytrading Strategy
An additional goal of the strategy is to hedge risks of positions in Bitget mid-term copy trading strategy. How should it work? In places of a probable price reversal, with the help of a short-term trade, we can insure the medium-term position against loss of profit (if there are specific signals from the market for this).
Example: On a medium-term position, we entered a BTCUSDT position at a price of $37,000. The price grew to almost $46,000 and gives a reversal signal:
In this case, if you look for a trade using a short-term strategy, you can see a change in the balance of power in the market and the local initiative of sellers:
By opening a short position, we protect the profit of the medium-term trade. If the price continues to fall, then the potential profit of the medium-term position will decrease, but the profit of the short-term position will increase. If the price continues to grow, then in the worst case, we will have a small loss on a short-term strategy. But, on the medium-term position, profit will continue to grow.
Bitget short-term copy trading strategy risk control
Risks are controlled by stop orders (unprofitable and breakeven). The maximum number of unprofitable stop orders per week is no more than 3 in a row. Profit/loss ratio of at least 2:1. It is forbidden to make more than 2 transactions per day. An exception may be in the case of knocking out a position on a breakeven stop order.
Risk calculation table depending on the choice of margin leverage
If you still have questions about the settings or how to join copytrading on Bitget, write us!