How to use and set up PolyCop bot for trading on Polymarket

Follow these steps to set up PolyCop and start trading on Polymarket.

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Monitor trading activity

Run a backtest

Choose a trading mode

Configure PolyCop settings

Deposit funds

Open PolyCop

Track open positions, PnL, balance, and trading activity in PolyCop (@PolyCop_BOT).

Use PolyCop Backtest to test trading settings against historical market data before using real funds.

Open PolyCop settings and set the trading parameters, including copy percentage, maximum spend, and risk limits.

Copy the Deposit Address from the /start menu and send USDC or USDT through a supported network.

Open the PolyCop bot in Telegram and use /start to access the wallet and bot settings.

The minimum deposit is $10. For copy trading, at least $50 is recommended.

Learn how to set up PolyCop Bot copy trading on Polymarket and configure copy amount, risk limits, and order execution.

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Activate Copy Trading

Set Order Execution

Set the Minimum Order

Set Risk Limits

Choose Copy Mode

Add a Target Address

Below Min Limit, Buy at Min:

• Off ❌ — skips trades below the minimum order size.
• On ✅ — increases the order to the minimum size.

Click Active. The button should turn green ✅.

Make sure the PolyCop wallet has enough Available USDC. Funds in existing positions cannot be used for new copy trades.

Choose Market Order or Limit Order.

For a Limit Order, set:

• Limit Price Offset — adjusts the order price relative to the target’s entry price.
• Duration — sets how long the limit order stays active.

Check the Sell order type. TP and SL work only with Market Sell.

Orders must meet the minimum order requirement.

• Percentage — copies a percentage of each target trade.
• Fixed Amount — uses the same amount for every trade.

Percentage Mode is better for matching the target’s position ratio. Make sure the wallet has enough funds for proportional copying.

Paste the trader’s Wallet Address or Polymarket Profile Link into the PolyCop bot chat.

Choose an address with a clear and consistent trading strategy. Avoid high-frequency arbitrage addresses if possible.

Keep some funds available for follow-up trades and market changes.

For small accounts or low copy percentages, On can help avoid missed trades. It also uses more capital.

Recommended Settings

Large target positions:
Use a small Copy Percentage and set strict spend limits to protect the wallet from large trades.

High-frequency arbitrage:
Enable Below Min Limit, Buy at Min if small trades should be copied. This requires more capital because small trades can increase to the minimum order size.

Small account:
Use Percentage Mode, enable Below Min Limit, Buy at Min, and set Ignore Target Wallet Trades Under to $5.

Final Check

Before activation, check the target address, copy mode, copy amount, spend limits, minimum-order settings, order type, and Sell settings.

Best practice: Test the setup first. Add more funds after the test and keep enough capital for follow-up trades.

Learn how to set up PolyCop AFK Autotrade for automated trading on Polymarket 15-minute BTC markets.

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Activate the Strategy

Set TP and SL

Set Trade Parameters

Set the Triggers

Create an AFK Strategy

Set TP and SL by:

• Percentage: 0.1%–100%
• Price: 0.01–0.99

The maximum order price is 0.99.

Check the PolyCop AFK settings and activate the strategy.

Each active strategy uses its own triggers and trade parameters.

All three conditions must match before PolyCop places a buy order:

• Time Range — the time window within each 15-minute round.
• UP Price Range — the allowed UP share price.
• BTC Price Change — the BTC price change from the start of the current round. Use negative values for a price drop and positive values for a price increase.

Open AFK Autotrade in the PolyCop Bot and create a strategy.

Multiple AFK strategies can run at the same time. Each strategy has its own settings and works independently.

Configure:

• Trade Direction — Buy UP or Buy DOWN.
• Limit Price & TTL — set the limit order price and how long the order stays active. PolyCop cancels the order when the TTL expires.
• Single Trade Buy Amount — minimum $5.
• Execution Rounds — set the number of 15-minute rounds for the strategy.

Backtest Your Strategy

Use PolyCop AFK Backtest to test your strategy with historical market data before using real funds.

Set the market, timeframe, trigger range, UP price range, BTC price change, trade direction, trade amount, and TP/SL. The backtest also supports slippage and trade delay.

After a successful trade, PolyCop can place automatic Take Profit (TP) and Stop Loss (SL) limit orders.

Use PolyCop for manual trading on Polymarket with Market and Limit Orders.

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Place the Order

Choose Buy

Find a Market

Open the market and click Buy. PolyCop then lets you place a Market or Limit Order.

There are two ways to find a Polymarket market:

• Paste a Link — paste the Polymarket market link into the PolyCop bot chat.
• Search by Text — enter keywords such as “Bitcoin” or “Trump.” PolyCop shows matching markets. Select the market you want to trade.

Choose the order type, enter the trade details, and confirm the order.