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Help CenterCopytradingHow to Evaluate a Trader's Track Record

How to Evaluate a Trader's Track Record

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

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.
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