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    SyncMaster Feature (Copy Trading)
    bybit2024-06-18 13:07:41
    As a Master TraderAs a Follower

    As Master Traders fine-tune their trading settings, SyncMaster allows Followers to precisely mirror their Master Trader's Copy Trading parameters, aligning their Copy Trading experience with the expert's strategy and risk management. It opens the door to a new era of collaborative trading, where expertise is shared effortlessly, bridging the gap between seasoned traders and those eager to follow in their footsteps.

     

    Please note that SyncMaster is currently applicable to USDT Perpetual Trades and will not apply to Trading Bots in Copy Trading.

     

     

     

     

    How to Enable SyncMaster

    Before enabling the SyncMaster feature, Master Traders have to ensure that they currently have no open positions in their account. Please note that SyncMaster currently only supports setting parameters for Smart Copy Mode.

     

     

     

    Step 1: The Master Trader can enable the SyncMaster feature from the Master Trader Center → Personal Settings page.

     

     



     

    Step 2: Once you click on the settings button, you will first need to set the minimum investment. This represents the minimum investment amount required for your Followers in order to follow and copy your trades, ranging from 50 USDT to 1,000 USDT.

     

     

     

     

    Step 3: Under Advanced Settings, you can configure parameters for the following:

    • Margin Mode
    • Max. Position Margin Per Contract
    • Max. Daily Position Limit
    • Stop-Loss Ratio Per Order
    • Take-Profit Ratio Per Order
    • Max. Slippage Per Order
    • Bybit CopyGuard
    • Choose a Contract

     

    For a more comprehensive understanding of each parameter, please refer to Copy Mode and Parameter Settings (Copy Trading).

     

     

     

    Step 4: Choose to enable or disable the Forced Sync feature. By default, Forced Sync is enabled. After enabling Forced Sync, Followers can no longer modify the aforementioned Copy Trading parameters. If Forced Sync is not enabled, Followers can modify Copy Trading parameters when they follow, and your settings will only serve as recommended parameters for the Followers.

     

     

    Notes:

    Changes to SyncMaster can be made a maximum of three (3) times per day. The limit will be refreshed daily. 

    Copy Stop Loss (CSL) is not a customizable parameter for the Master Trader in SyncMaster, as it reflects the Followers' risk appetite. Followers will need to manually configure this parameter to align with their risk preferences.

    — Your Followers will receive an email notification when you enable the Forced Sync feature.

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