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FOMO Copy Trading Settings: A Checklist Before You Start

Review what each setting controls, how a copied buy can be skipped and what stopping a subscription does to the positions you already hold.

Quickscope TeamUpdated 4 min read

Before enabling automatic FOMO copying, check five things: the funded account, the size of each copy, which source buys qualify, the price you will accept and how you will exit. Saving a subscription authorizes eligible future buys under those settings; it does not reproduce a trader's entire portfolio.

This checklist explains the decisions in Quickscope's wallet-account copy form. For the sign-in, funding and trader-selection steps, follow the FOMO setup guide. If you have not chosen a trader, start with how to evaluate FOMO traders.

Check the account and execution network

Copies in this workflow spend USDG from your funded Quickscope smart account on Robinhood Chain. Connecting your everyday wallet does not fund that account, and a balance on another network is not automatically available to trade.

In Account, review available cash and shared token caps. Pending buy orders can reserve part of the balance, and applicable fees affect what is available for another buy. Account funding is money exposed to trading losses; the amount displayed in your wallet is not the amount a subscription can necessarily spend.

Check supported source chains and execution routes as well. A detected trader buy can be outside the current execution scope.

Keep the three amount controls separate

Per-trade amount is your configured size for each eligible copied buy. Available funds and remaining token-cap capacity can reduce it. It is not a percentage of the trader's account and does not allocate a separate total balance to that trader.

Minimum trader buy filters the source trade before your copy is sized. It refers to the trader's purchase amount, not your own. Setting it to zero removes this size filter; other eligibility checks still apply.

Token caps are managed in Account and shared across the traders you copy. They limit copied spending for a token.

For a hypothetical example, consider a Per-trade amount of 10 USDG and a Minimum trader buy of 100 USDG. A source buy of 50 USDG is below the filter. A source buy of 150 USDG can qualify for a copy up to the configured 10 USDG amount, subject to funds, caps and execution checks. Raising the source threshold does not raise your copy size. These numbers illustrate the fields, not recommended settings.

Read the fee guide alongside your available balance; a configured buy amount should not be mistaken for an all-inclusive estimate of every trading cost.

Choose an entry mode and understand slippage

Market copy attempts an eligible buy using the next acceptable quote. Limit order enables Price limit vs trader, a ceiling relative to the trader's reference price. A zero setting asks for that reference price or better; a positive setting allows a higher quote, and a negative setting requires a lower one. Signals outside the limit are skipped. This is a copy-entry filter, not a promise that the trade will eventually fill.

Maximum slippage addresses a different comparison: the allowed change between the copy's quote and its execution. It is not a promise that your fill will be within that percentage of the source trader's fill.

For example, a quote 2% above the trader's reference price and a quote that moves 2% before execution describe different price changes. Read both controls rather than treating either as a total-cost cap. The speed and slippage guide explains how to compare actual results.

There is no single best percentage for every token. A tighter constraint can exclude a trade; a looser one permits a wider range of outcomes. Review the stated reason for a skipped or failed copy before changing settings.

Decide how copied positions should exit

Quickscope copies eligible buys. Manage exits with your configured take-profit and stop-loss rules, individual orders or manual sells. Copy exit rules use your own weighted entry, not the source trader’s sell activity.

Each enabled copy-exit rule has a trigger percentage and a separate sell amount: Full position, Principal only or a percentage of the position. A trigger is a condition for attempting a sale. It does not establish the eventual proceeds or guarantee an exit price.

These copy rules differ from individual orders, which use a price in USDG per token and close the selected full position when a sell executes. Use the orders guide to check the rule you intend to create, or the manual trading guide to sell a selected position yourself.

Know what stopping copying will do

Stopping a subscription prevents new copied buys and pauses that subscription's automatic copy-exit rules. It does not sell positions already held. Review any individual orders separately; stopping the subscription does not mean those orders have been cancelled.

Selling and withdrawing are also different actions. Selling attempts a swap through a supported route. Withdrawing a token transfers it; it does not convert the holding to USDG.

Save, then inspect confirmed results

Before saving, review the trader, amounts, entry mode and enabled exits together. Automation can continue while the service is running even when your browser is closed.

After a source buy, check whether the copy was skipped, is still processing or has a confirmed transaction. Compare token, amount, fee and effective entry price. If a request's result is uncertain, inspect its existing status before repeating it. A signal, a prepared trade or a submitted transaction is not evidence that a fill happened.

Use this checklist when you change settings as well as before your first copy. Then open Quickscope or return to the step-by-step FOMO setup guide.

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