Get Your First Copy Trade

Start with a simulated event, inspect the result, then enable a small live position cap only when the connection and risk controls behave as expected.

1. Follow a trader

1. Open Discover or Showcase, or go directly to Settings > Traders.
2. Review the trader's address and current activity.
3. Select Follow. A newly followed trader starts in Watching state until you assign copying settings.

2. Create a safe configuration

Named, reusable configurations live on Settings > Configurations. The same risk controls appear when you edit a followed trader.

1. Open Settings > Configurations.
2. Name the configuration clearly, such as HL Dry Run 100.
3. Review the suggested Starting position budget and Maximum position budget.
4. Open Advanced Settings and enable Dry Run.
5. Save the configuration.
6. Open Settings > Exchanges, edit your Hyperliquid account, and review Maximum open positions for this account under Advanced Options.

3. Arm Dry Run

1. Edit the followed trader.
2. In Copy Trading, select your Hyperliquid connection.
3. Select the Dry Run configuration.
4. Save the trader.
5. Confirm the trader now shows Copying.

4. Inspect the first simulated result

Open Copy Trades after the trader changes a position. A Dry Run row should show what FiatBear would have ordered. Check:

• Trader and asset are correct.
• Long or short direction is allowed by your configuration.
• Calculated USD size is within both position caps.
• Leverage is the value you intended.
• Any skipped event has a reason that matches your limits.

5. Move to a small live limit

1. Confirm Hyperliquid still shows enough Available to Trade.
2. Edit the configuration and disable Dry Run.
3. Keep the starting and maximum position budgets small for the first live event.
4. Save the configuration and confirm the trader remains in Copying state.
5. When a new event arrives, check both Copy Trades and the actual Hyperliquid position.