Before starting to copy a Master Trader, you can still view key performance metrics on their Master Trader Dashboard. These stats will help you decide whether to proceed with copying their trades. Here's how to navigate and interpret the dashboard:
Performance Metrics:
- Realized ROI: Displays the overall percentage return from closed trades made by the Master Trader.
- PnL (Profit & Loss): Shows the cumulative profit or loss from all the copied trades.
- Win Ratio: The percentage of successful trades made by the Master Trader.
- Copier's PnL: Displays the profit or loss generated from the trades copied to your account.
- Avg. PnL per Trade: Shows the average profit or loss per trade made by the Master Trader.
- Total Copiers: The number of users currently copying this Master Trader.
- Trade Performance: A visual breakdown (usually a pie chart or gauge) showing the number of winning versus losing trades.
- Last Traded At: Displays the date and time of the last executed trade by the Master Trader.
PnL Graph:
- A graphical representation of the trader’s profit and loss over time (e.g., the past 90 days). This graph helps you visualize the Master Trader's performance trend over time, allowing you to assess whether their strategy is consistently profitable.
Note: The graphical representation highlights the daily net PnL generated by the Master trader.
Most Traded Pairs:
- View the most frequently traded cryptocurrency pairs traded by the Master Trader and its respective PnL (profit/loss).
- The Pie Chart offers a visual percentage distribution of the traded pairs, indicating which cryptocurrencies the trader focuses on most frequently.