How To Copy Trade Using Nova Trading Bot

If you are in a hurry you can do it register directly with Nova Trading Bot.

Hello guys, in today's article we will show step by step how to make profitable trades "Copy trading" with the nova trading bot, but also how to find profitable wallets.

For today's article we will need two tools, one is the nova bot and the other gmgn ai, you will find the links below to register.

Once you complete the your nova bot registration you should make your first deposit to the personal address you will have, if you don't know how to do it, I have created a detailed article on how to register for nova bot.

Then you will press it copy trade paddle and you will press the button new task and you will put the address you want to copy. Now if you don't have a wallet you will go to gmgn and we will look for find profitable wallets.

After you complete your registration and in GMGN you will go to the copy trade category, you will select kol/vc and you should find wallets that have more than 75% win trade and within 7 days they have made 15 trades and not more because it is likely to be a bot, however the wallet should be active daily like for example here.

Another strategy is to go to dexscreener and look for wallets that buy within one orderblock for example this one here has put a lot of money, so we will click here because it is worth looking at his wallet.

You will then enter his address and he will show you the money he has and see what he is buying and selling.

Now if you want to find other wallets from this user, you will click transfer and you will choose to see Solana that carries them, and that way you can find profitable wallets, however it takes a lot of time because wallets change often, the important thing is to find a wallet that matches the way you trade and don't buy 20 meme coins per day.

Now if you find a wallet you want to copy, you will paste it into the nova bot.

and now we have to put the settings for it copy trading,

in the wallet you will put the wallet from the nova bot that has the money,

Then in her category buy method you will put fixed (fixed) and you will put the money you want to buy each time, I always put a little money but you can put whatever you want, for example 0,1 solana

• In the maximum purchase amount you will put the total money you want to allocate for copy trading.
• In mini market cap and max market cap, here you can put how risky tokens you allow to open, for example, if you want to buy tokens above one million market cap, if the trader you follow buys a token with a hundred thousand market cap, it will not open for you.
• In min buy trigger and max buy trigger, you can set it to buy for you in exchange for Solana who will invest , for example, when the trader you follow makes a purchase of more than 10 solana and if he buys a token with 1 solana, he will not open a trade for you, because you have made him buy you the tokens that he has invested more than 10 solana.
• Now at follow sells we will leave it open because we want every time the trader sells to close the trades for us.
• In buy one, if you activate it, it will only make you one token purchase. For example, if the trader you are following bought into a meme coin more than 2 times, they will open a trade for you once.
• At buying and selling commission you will put in the gass fee you want, the more money you put in, the faster it will buy and sell, and on the buy tip , personally in dollars $0,50 is a pretty good gass fee but you have to experiment .
• In slippage buy & sell you will put 20% to 30%, for copy trading it is great,
• In take profit and stop loss you will put the amounts you want, for example if a transaction makes you 100% sell with a profit automatically or with a stop loss if it drops 50% sell automatically with a 50% loss.

and press stopped button and copy trading will be activated.

That was the article for today, I hope you enjoyed it.

LIABILITY DISCLAIMER:

Cryptocurrency trading is VERY risky. Make sure you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your money.

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