Diverse Follow Trading Guide (APP)

BYDFi

2025-09-01 · Updated

The Diverse Follow feature on the BYDFi APP allows you to follow multiple traders simultaneously, diversify your investments, and manage risk more effectively. This guide explains how to set up Diverse Follow, configure risk parameters, track performance, and close positions directly from the mobile app.

How to Use Diverse Follow on BYDFi APP

1. Open Copy Trading

On the BYDFi APP homepage, tap Copy Trading to enter the copy trading section.

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2. Select a Trader

Browse trader profiles to view performance history, risk level, and trading data. You can follow multiple traders at once to spread out risk. If a trader has reached the maximum follower limit, tap Follow Reminder to get notified when a slot opens.

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3. Switch Follow Mode

On the trader’s settings page, switch between Smart Copy or Diverse Follow modes depending on your strategy.

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4. Configure Diverse Follow Settings

After selecting a trader, tap Copy Now to open the settings page.

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Setting Up Diverse Follow Trades (APP)

When setting up Diverse Follow, you can customize:

Select Margin Mode

Fixed Amount: Use a set USDT amount for each trade (minimum 10 USDT).

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Fixed Multiplier: Allocate funds proportionally to the trader’s position size.

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Choose Trading Pairs Select specific contract trading pairs or let the system auto-distribute across multiple pairs.

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Set Risk Parameters Take Profit (TP%) Stop Loss (SL%) Maximum Follow Amount (USDT) Slippage (%)

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✅ Tap Copy Now to activate your Diverse Follow trading.

Editing or Canceling Follow (APP)

Go to My Copy Trade → My Trades to manage traders you are following.

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📌 Important Notes:

Canceling follow will not affect open positions. They will still follow the trader’s closing actions or can be manually closed.
Changes to follow settings apply only to new trades, not existing positions.

Viewing Diverse Follow Trade Data (APP)

In the My Copy Trade section, you can track:

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Today’s Profit/Loss – Realized daily P&L from follow trades.
Followed Amount – Total margin used in follow trades.
Net Profit – Realized profit/loss minus fees.
Unrealized P&L – Floating profit/loss on open trades.
Active Traders – Number of traders currently followed.
Total Traders Followed – Includes both active and past traders.

Closing Diverse Follow Positions (APP)

You can close positions individually or all at once:

1. Close Individual Orders

Go to My Copy Trade → Ongoing.
Tap Details to view order information.
Select Market Close to close that specific order.

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2. Close All Orders at Once

On the Summary Page, tap Close All to exit all follow trades immediately.

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📌 Only Market Orders are supported for closing Copy positions.

Advantages of Diverse Follow on BYDFi APP

Diversified Investment – Reduce risk by following multiple traders simultaneously.
Flexible Fund Allocation – Set your own margin, TP/SL levels, and pair preferences.
Transparent Performance Tracking – Monitor trader performance, profits, and profit-sharing in real time.

👉 With Diverse Follow on the BYDFi APP, you can optimize your follow trading strategy, balance risk and reward, and trade smarter.