How to Set Up a Trader Bot on Polycopy

Navigate to the Bots section in Polycopy (polycopy.app/bots). Free users can launch Paper Trading bots. Real Trading bots require Premium because they can place live Polymarket orders.

Click "Create a Trader Bot". It asks what kind of trader you want to copy (Consistent winners, Hot right now, Most active, or Whale Traders) and suggests traders for it. You can also start from any trader's profile with "Copy this trader". Both open the setup page for that trader. Read their Copy Score before you commit. It is the one thing measured to matter more than any setting on the setup page.

Mode comes first. Paper Trading is free. It uses simulated orders and runs for 14 days. Real Trading places live Polymarket orders and needs Premium, a connected wallet and spendable Polymarket cash.

Enter the budget for the bot. The minimum is $100. Your budget is the most the bot will have in play at once. Every copy is the same flat amount, your Max Per Trade, which starts at $5. The bot stops placing while fully invested and starts again as positions close and cash comes back.

Compound lets wins raise how much the bot can have in play. Losses never do. Keep leaves winnings as cash in your wallet, and the bot stays at your budget. Compound is preselected.

Every setting has a working default, so you can press Next straight away. Below Next are two sections you can open. Safety limits holds Max exposure, Max Daily Loss and Circuit breaker. Advanced settings holds Max Per Trade, Min Price, Max Price, Min Win Rate, Min Days To Close and Max Spread. There is no trading behavior to pick. Every new Trader Bot starts from the same measured baseline.

Press Next to see the Review screen. Open More details to check every limit. Real Trading asks you to accept the risk terms, then press "Create Bot" (or "Create Paper Bot"). Paper Trading tracks simulated fills without placing real orders and estimates trading costs. Paper P&L is net of simulated Polymarket and Polycopy fees and 0.82% entry slippage. Fee estimates vary with entry price and trade date. Real Trading results can differ. Real Trading copies qualifying trades with your funds. Our trading fee (a flat 0.5%) applies to each executed trade, on top of whatever Polymarket charges.

A new bot being quiet is normal and usually has one of four causes, cheapest to check first. Open the bot from your Bots page and read the status word: "Waiting for trader" means it is armed and the trader has not traded; "Trader inactive" means they have not traded in a week; "Out of cash" or "Low funds" means your Polymarket balance is short (a Real bot needs at least $10 to keep running, and it resumes on its own within about half an hour of being funded); "Premium required" means the subscription lapsed. Only after those is it worth looking at settings.