Copy Trading Guide - How to Mirror Whale Trades on Solana
Complete guide to copy trading on SOL Wallet Shadow. Learn how trade mirroring works, how to configure buy amounts, and best practices for following whale wallets.
How Copy Trading Works
When you add a whale wallet to your shadow list and enable monitoring, SOL Wallet Shadow watches their wallet for new transactions. When they make a swap, the system automatically executes the same trade from your wallet.
Buy Mirroring
When a whale buys a token:
- •The system detects the swap transaction on-chain
- •It identifies the token being purchased
- •It executes a buy on your behalf using Jupiter aggregator for best pricing
- •Stop loss, trailing stop, and take profit are automatically set on the new position
Sell Mirroring
When a whale sells a token you're also holding:
- •The system detects the sell transaction
- •It checks if you hold the same token
- •It executes a proportional sell from your wallet
Configuring Your Copy Settings
Buy Amount
Set how much SOL to spend on each copied trade. You can use a fixed amount (e.g., 0.5 SOL per trade) to control your exposure.
Slippage Tolerance
Jupiter swaps include a slippage setting. The default works for most tokens, but you may need to increase it for low-liquidity memecoins.
Priority Fee
Set a priority fee to get your transactions confirmed faster. Higher fees mean faster execution, which matters when you want to follow a whale's trade closely.
Best Practices
- •Start with small amounts — Test your setup with minimal funds before scaling up
- •Don't over-allocate — Leave enough SOL in your wallet for gas fees and future trades
- •Monitor your positions — Even with auto-sell protection, check your portfolio regularly
- •Diversify across whales — Follow multiple wallets rather than putting everything behind one trader
- •Use stop losses — Always configure risk management for every position