⚠️Risk Management
Copy trading can multiply your gains — but it can also multiply your mistakes. Even when following the best wallets, poor settings can burn your account fast. Risk management isn’t about avoiding losses — it’s about making sure one loss doesn’t end your run.
🧭 Why Risk Management Matters
When you copy another trader, your wallet mirrors their actions — but not their bankroll. If your ratio or trade settings are off, you might risk 100× more than they are. Olympus gives you tools to limit risk — it’s up to you to actually use them.
🧠 Core Principles
1️⃣ Don’t Go All-In
Never put your full balance into a single trade or wallet.
Keep at least half your funds free to recover from bad runs.
Survival > big wins.
2️⃣ Follow the 5% Rule
Risk no more than ~5% of your wallet per trade.
Example: $1,000 balance → max $50 trade size.
This keeps you alive long enough to learn and adjust.
3️⃣ Use Correct Ratios (💥 #1 cause of losses)
The ratio determines how much of your balance is used to copy a leader’s trade.
Match your ratio to portfolio size differences:
If you have $100 and they have $100,000, your safe ratio is about 0.001 (0.1%).
Setting 5% means you’re risking 500× more than the leader.
🌀 Use the ratio recalculator (🔄️icon) in each wallet’s settings to automatically adjust based on current portfolio sizes.
This keeps your ratio aligned with reality as both balances change.
Always start small — test, learn, then scale.
4️⃣ Manage Trade Volume
Some wallets open dozens or hundreds of trades daily.
Copying them 1:1 can drain your account quickly.
Olympus currently offers:
🧩 Max Trades per Market → Prevents spamming multiple buys in the same event.
🧩 Max Trades per Wallet (24h) → Limits how many trades can copy from a single leader per day.
(A “Max Trades per Day” global limit is coming soon.)
Use these caps — they protect you from over-trading loops.
5️⃣ Filter Bad Markets Under Risk & Market Filters, you can set conditions to skip risky or illiquid markets:
🎯 Minimum Odds / Maximum Odds (%) → Avoid long-shots or overpriced markets.
💧 Minimum Liquidity (USD) → Prevents copying into dead markets with no exit.
📊 Minimum 24h Volume (USD) → Ensures active markets only.
💼 Max Open Positions → Limit how many markets you’re in at once.
🧱 Max Total Position per Market (USD) → Cap your total exposure in any single market.
6️⃣ Use Stop-Loss & Take-Profit Wisely These auto-sell settings help lock in wins or limit losses:
🔻 Stop-Loss (%) — e.g. 10 = sell if the position drops 10%.
🟢 Take-Profit (%) — e.g. 20 = lock gains once you’re up 20%. They’re optional but powerful — especially during volatile events.
7️⃣ Skip Irrelevant or Distant Markets Under Copy Behaviour Settings, you can:
⏱ Skip markets expiring after X days (avoid long-tail predictions).
💵 Set Minimum Trigger/Spend Amounts to ignore microtrades.
🔄 Reverse Copy Mode (Counter-Trade) if you intentionally want to take the opposite side.
🚨 Common Mistakes to Avoid
Setting a high ratio without understanding portfolio size differences.
Following hyperactive traders with no trade caps.
Ignoring liquidity and odds filters.
Assuming Olympus “auto-manages” your risk (it doesn’t — you do).
💡 Best Practices
✅ Start small — use minimal ratios and trade caps first. ✅ Use liquidity and volume filters to avoid dead markets. ✅ Cap per-market and per-wallet trades. ✅ Diversify your followed wallets and categories. ✅ Check your dashboard often — adjust settings as your balance changes.
🧩 Coming Soon
Max Trades per Day (Global) — set a total daily cap across all wallets.
Dynamic Ratio Helper — warns if your ratio greatly exceeds a leader’s average risk.
🔚 TL;DR
Don’t copy blindly — match ratio to wallet size.
Limit your trade count and exposure.
Use odds, liquidity, and volume filters.
Keep losses survivable and profits sustainable.
Last updated