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How to Evaluate a Trader's Track Record

Learn what metrics matter when choosing traders to copy and what red flags to watch for.

How to Evaluate a Trader's Track Record

Choosing the right trader to copy is the most important decision on Polyfollow. Here is what to look for.


Key Metrics

MetricWhat It Tells YouWhat's Good
Total P&LOverall profit/lossConsistently positive
Win Rate% of trades that profit55%+ is solid
Trade CountExperience level100+ trades shows consistency
Biggest WinUpside potentialShould not be their entire P&L
7d / 30d P&LRecent performancePositive and active

Good Signs vs Warning Signs

Good SignsWarning Signs
Steady profits over weeksAll profit from 1-2 lucky trades
Trades across multiple marketsOnly trades one niche
Moderate position sizesBets entire portfolio on single trades
Active in last 7 daysNo trades in 2+ weeks
100+ total tradesFewer than 20 trades

Tips

  1. Look at 30-day P&L, not all-time. A trader who made money 6 months ago but lost it recently is not a good pick.
  2. Check trade count. High win rate with 5 trades means nothing. Look for 50+ trades minimum.
  3. Diversify. Follow 2-3 traders across different markets (sports, crypto, politics) to spread risk.