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Copytrading

What is the difference between copy trading and a trading bot?

A copy bot has no opinion: it waits for a human you chose to act, then mirrors the action. A strategy bot has an opinion encoded as a rule - buy when volume triples, sell at plus 40 percent - and acts on its own. Copy bots inherit a person's judgement and their bad days; strategy bots inherit the market regime the rule was written in and break when it changes.

Side by side

  • Source of the decision. Copy bot: a specific wallet. Strategy bot: a condition you wrote.
  • Failure mode. Copy bot: the trader changes style, stops trading, or blows up. Strategy bot: the condition keeps firing after it stopped meaning anything.
  • What you must monitor. Copy bot: whether the trader is still the trader you chose. Strategy bot: whether the rule is still describing the market.
  • Transparency. Copy bot: you can see every trade the source makes. Strategy bot: you can read the rule but not the future it assumes.

They share the same three risks

  1. Execution risk. Failed transactions, bad routes, and slippage that shows up exactly when it hurts.
  2. Size risk. Automation multiplies whatever sizing mistake you configured, at machine speed.
  3. Silence risk. A bot that stops working rarely announces it. Check fills, not intentions.

Last reviewed

Copy trading vs trading bots | FOMOSCAN