One of the reasons of failed copy trading is because a follower does not meet the minimum requirement of position size when elite trader starts a trade. Followers are able to modify/amend the setting in copy trade limit, either in [Fixed Amount] or [Multiplier].
Scenario:
At the beginning, follower X set his copy trade setting before followed elite trader Y with the details below:
| Futures | All selected by default |
| Mode | Basic mode (by default) |
| Set copy trade limit | Multiplier |
| Copy mode | 0.1 x |
| Stop-loss ratio | Not set (by default) |
| Take-profit ratio | Not set (by default) |
| Maximum copy | 100000 (by default) |
Sometimes later, elite trader Y starts a trade in BTC/USDT Futures contract.
| Futures contract | BTC/USDT (USDT-M Futures) |
| Leverage | 50 |
| Direction (Long/Short) | Long |
| Position size | 0.01 |
| Open Price (USDT) | 30000 |
| Margin | 6 USDT |
| Take-profit | Not set |
| Stop-loss | Not set |
*Assuming no trading fees involved in this example.
End result:
Follower X was unable to copy this trade from elite trader Y because the [Multiplier] of 0.1x from follower X does not meet the minimum order size in BTC/USDT Futures since 0.01 BTC x 0.1 multiplier = 0.001 BTC.
To find out more, visit this link and look for A. The Minimum Order Size.
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