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How to screen your first candidate list

Start with hard filters to reduce noise.

Check account size

Very small wallets can produce misleading data. A small account may catch one strong move and show a high return percentage, but that does not necessarily mean the strategy is stable.

Check the source of PnL

Total PnL is useful for a first glance, but you need to know whether the profit came from repeatable trading or only one or two outsized trades. If most PnL came from a single trade, save the wallet and review more history before considering copy trading.

Check trade count

Too few trades means the sample is weak. Too many trades may indicate high-frequency or very short-term execution. High-frequency strategies are more sensitive to slippage, execution latency, and fees when copied.

Check drawdown

Drawdown matters more than headline return. A wallet can make a lot of money but still experience deep drawdowns. Your copy trading account may not be able to tolerate the same loss path.

Check recent and long-term consistency

Be cautious with wallets that suddenly spike in recent performance. A stronger candidate performs well recently without showing obvious loss of control over a longer period.