How to create a copy trading bot?

Automatically mirror trusted wallet buy and sell strategies with Minara workflows, no manual effort needed.

What you’ll build

• A workflow that monitors target wallets on-chain

• Auto-executes the same buy/sell trades with your Minara wallet

• Supports spot tokens on supported chains

---

Step-by-step

1. Pick wallets to follow

   • Get the wallet address you want to copy (e.g., 0x1234...abcd).

   • Make sure this is an active trader with real volume — copying inactive or “spam” wallets won’t help.

   • You may select mutiple wallets to monitor and mirror in one workflow.

2. Create a workflow in Minara

   • Prompt example:

     “Watch this wallet DbrdV2...(a wallet address) on the Solana chain, and copy each buy/sell action with $50 per trade.”

3. Set execution rules

   • Use fixed trade amounts (e.g., $50 per order) for predictability and easier risk control.

4. Choose notification method

   • Receive trade execution notification via email or telegram.

5. Deploy and monitor

   • The bot will monitor the wallet’s on-chain activity.

   • When a supported trade is detected, Minara will mirror it following your rules.

   • You’ll receive a notification each time a trade is executed.

---

Best Practices

• Vet before you follow: Many wallets belong to insiders or short-term memecoin players — research before copying.

• Start small: Test with small balances first to check execution accuracy.

• Asset whitelist/blacklist: only copy certain tokens, or exclude risky memecoins.

---

Current Limitations

• Only spot token trades are supported.

• Copying is limited to supported chains detected by the Monitor system.

---

Future Developments

• Proportional trade sizing (e.g., match 10% of their position size).

• Risk Control (e.g. setting daily/weekly spend limits)

• Smarter filters (e.g., copy only if trade > $10,000, or exclude tokens under $1M market cap)

• Portfolio mirroring (not just individual trades)

• Futures and leverage support