How to evaluate a wallet after opening it
Use this order:- Is the wallet stable over time, rather than only recently profitable?
- Does it have a habit of oversized positions or high leverage?
- Which markets does it trade, and can you accept their volatility?
- Does it add to losing positions?
- Are exits disciplined?
- Are current positions already too far from the original entry to follow?
The Smart Money list is best for first-pass screening. After opening wallet details, continue with current positions, historical trades, and deeper risk data.
Recommended workflow
- Use filters to identify 10 to 20 candidate wallets.
- Open wallet details and exclude clearly high-risk wallets.
- Add the remaining wallets to favorites.
- Apply labels that explain why you are watching each wallet.
- Based on follow-up performance, decide whether to keep watching or create a copy trading rule.
When to exclude a wallet
Consider excluding a wallet, or keeping it only for observation, if you see:- very small account size with extremely high returns
- an equity curve driven mainly by one outsized win
- current positions with large unrealized profit
- frequent full-size or high-leverage trades
- drawdown beyond your acceptable range
- a recent trading style that is completely different from its past behavior