How to do spot tracking on Bitget?

Documentary trading is a must-have function for current virtual currency exchanges. Due to the existence of this function, users can learn the investment strategies of big players without understanding the market, and realize the investment portfolio without continuous tracking. Potential growth. Now let Xiaobian lead you to learn how to do spot purchase on Bitget.

What is spot documentary?

Spot tracking allows users to automatically follow the trading strategies of professional trading experts on Bitget. You can select trading experts, allocate funds, and copy their spot trades directly in your account. This feature is ideal for beginners and trading users who lack free time who want to easily manage their portfolios.

How to do spot tracking on Bitget?

Step 1: Go to the documentary trading section

1. Navigate from the main menu to the \"Compiled\" section.

2. Select \"Spot Tracking\" from the available options.

Step 2: Select a trading expert to follow up

1. Browse the list of trading experts displayed on the Spot Tracking page.

View trading expert performance indicators such as winning odds, yields and follower returns.

2. Click on trading expert profiles to view detailed statistics and trading history.

Step 3: Documentary Trading Expert

1. After confirmation, click \"Follow\" on the trading expert\'s profile page.

2. Agreement Terms: Continue after reading and agreeing to the Bitget Documentary Agreement.

Step 4: Configure the following settings

1. Modify a documentary currency pair:

After clicking on the page to display the currency pair content, select or cancel the currency pair according to your preferences.

2. Select the following mode:

Select \"Fixed Amount\" or \"Multiplier\".

Fixed limit: Supports you to set a specific investment amount for each transaction of your documentary trading experts. Regardless of the size of the trading expert\'s position, this fixed amount will be used for every copy trade you make.

Multiplier: Link the transaction amount to the trading expert investment amount in a multiple. If you set the multiplier to 17 times, your position size will be 17 times the size of the trading expert position. Your investments will remain proportional to the trades of trading experts.

Use the slider or input box to adjust the investment amount.

3. Risk management settings:

Set stop loss ratio, take profit ratio and maximum tracking volume based on your trading strategy.

4. Enable auto-follow (optional):

Enable the \"auto-follow\" switch, a new currency pair added by an automated copy trader expert.

5. After completing all configurations, click \"Scroll Now\" to confirm and activate the copy trading settings.

Step 5: Track trading performance

1. Go to the \"Follow Up\" section of the App to check your performance.

2. Stop following orders at any time:

If necessary, you can click \"Cancel Documents\"-\"Cancel Documents\" on the trading expert profile to stop submitting the trading expert.

Spot invoice management tips 1. Track trading performance Check the \"My Documents\" section regularly to review the performance of your documents and adjust your strategy as needed.

2. Pause or stop tracking If the trading expert\'s performance is inconsistent with your goals, stop tracking.

3. Adjust parameters Adjust investment amounts, documentary ratios and risk management settings to align with your latest investment preferences.

4. Be rational when selecting trading experts. Analyze the trading expert\'s yields, trading frequency and risk level before following a single order.

5. Portfolio diversification follows multiple trading experts and adopts different strategies to minimize risks and balance the portfolio.

6. Use risk management tools to set stop loss and take profit thresholds to protect your investment.

Frequently Asked Questions

1. What is spot documentary?

This feature allows you to automatically copy the trades of professional trading experts on the spot market.

2. Can I adjust my investments after being a copy trader?

Yes, you can modify the investment amount and settings at any time.

3. How to stop a documentary trader expert?

Enter \"My Documents\" and click \"Cancel Documents\" next to the corresponding trading expert.

4. Is there a minimum amount required for spot documentary transactions?

Yes, the minimum investment amount varies depending on trading experts and market conditions.

5. Will spot documentary transactions generate losses?

Yes, trading is risky, and the transactions you follow will reflect the performance of the trading experts you follow.