Picking a trader to copy is the most important decision you'll make on Mirrorly. Here's how to find the right one for you.
Where to find traders#
Click on Leaders in the left sidebar. This is Mirrorly's curated leaderboard. Every trader here has been tracked and verified by our team.
You can filter by source:
- All shows everyone on the platform
- Binance Smart Money shows traders from Binance's Smart Money leaderboard
- Hyperliquid shows traders from Hyperliquid
Use the search bar to find specific traders by name or wallet address.
What the stats mean#
Each trader card shows key metrics:
- Balance is how much they're trading with.
- Win Rate is the percentage of trades that were profitable. Higher is better, but not everything.
- Profit Factor is how much they make relative to what they lose. Above 1.5 is solid, above 2.0 is strong.
- Median Trade Duration tells you how long they typically hold positions. Minutes means scalping, hours means day trading, days means swing trading.
- Median Open & Max Size shows their typical position size and their largest position. Useful for understanding their risk appetite and comparing to your own balance when setting your ratio.
- Profit 24H / 7D / 30D / Total shows recent and overall performance.
- Track Record (top right of profile) is how long they've been tracked on Mirrorly. Longer gives you a better picture.
What to look for#
Consistency over big wins - A trader who makes 10-20% every month is often better than one who made 200% once. Look at their PnL chart. Steady upward is better than spiky.
Reasonable drawdowns - Every trader has losing periods. Check their worst drawdown. If you can't stomach a 30% drop, don't copy a trader who has one.
Trade frequency that matches you - Some traders make multiple trades per day. Others trade a few times per week. More trades means more action but also more fees and more to monitor.
Trade duration that matches you - Check the Median Trade Duration. If you don't want to be in positions for days, look for traders with shorter hold times. If you prefer set and forget, look for swing traders.
Track record length - Longer track records give you more data to evaluate. A few weeks of history tells you less than a few months across different market conditions.
Tags#
Mirrorly adds tags to help you filter:
- New means recently added to the platform
- Veteran means long track record on Mirrorly
- Dormant means not actively trading recently
- Top Performer means strong recent performance
- Best of the Month means top performer in the previous month
- Consistent Winner means steady profits over time
- Rising Star means newer trader with strong early results
- Winning Streak means currently on a hot run
- Whale means large balance trader
- 7-Figure Club means has made over $1M in profit
- 8-Figure Club means has made over $10M in profit
- Heavy Drawdown Risk means has experienced significant drawdowns
- AI Model means an AI or algorithmic strategy, not a human
- Twitter Celeb means has a known public presence on X
- Challenge means running a public challenge account
Tags are helpful shortcuts but always check the full profile.
Checking a trader's profile#
Click on any trader to see their full profile:
- PnL chart shows visual history of their performance. Look for steady growth, not just spikes. You can switch between Line, Bar, and Calendar views, and filter by 1D, 7D, 1M, or All Time.
- Open Positions shows what they're currently trading.
- Closed Positions shows their trade history. Check how they handle losses.
- Star icon next to their name lets you add them to your favorites for easy access later.
Red flags#
Very high win rate with low profit factor - Could mean they hold losers too long and cut winners too early.
Huge recent gains - If someone just made 500% in a week, they probably took massive risk. Past performance doesn't guarantee future results, especially with aggressive trading.
Inconsistent position sizing - If their trades swing wildly from $1k to $100k, their risk management might be off.
Start small#
Once you find a trader you like, you don't have to go all in. Start with a small allocation, watch how they trade for a week or two, and increase if you're comfortable.
Ready to copy? Click the "Copy This Trader" button on their profile, or add them when creating your copytrader.
