This comprehensive guide from our team represents the strategy which, until this day, identifies almost 150 high-performing wallets, all of which perform with consistent profit, high win rates, and substantial monthly ROIs.

Detailed Strategy for Finding Copy Trading Wallets:

1. Good Morning Good Night (GMGN) Analysis Process:

• Navigate to the copy trade menu section
• Look for wallets with these key metrics:
  • High win rates (but not suspiciously high)
  • Strong 7-day PnL (preferably over 10K)
  • Substantial total PnL
  • Historical consistency
• Example Analysis Given:
  • Wallet “demon” showed good potential with 600K total PnL
  • 20+ days of consistent trading history
  • Natural pattern of both wins and losses
  • Demonstrated legitimate trading behavior without pump/dump patterns

2. Cielo Finance Analysis Process:

• Use the Wallet Discovery page
• Check multiple network options:
  • EVM networks
  • Solana
  • Other supported chains
• Key Analysis Tabs:
  • Activity Tab: Review trading patterns and frequency
  • Token PnL Tab: Analyze profit distribution
  • Realized PnL: Check profit spread across different tokens
• Ideal Metrics:
  • Consistent profit patterns
  • Natural distribution of wins/losses
  • Multiple successful trades across different tokens
  • Reasonable ROI percentages

3. Dexscreener Advanced Usage:

• Start with Top Traders tab
• Filtering Process:
  • Look for 700k+ liquidity pairs initially
  • Can adjust down to 400K liquidity
  • Focus on new trading pairs
• Red Flags to Watch:
  • MEV bot patterns (equal buy/sell volumes)
  • Insider trading patterns
  • Farm token manipulation
  • Suspicious pump and dump activities

Detailed Evaluation Criteria:

1. Win Rate Analysis:

• Optimal Range: 40-60%
• Why this range matters:
  • Shows realistic risk-taking
  • Indicates genuine trading vs manipulation
  • Demonstrates sustainable strategy
• Red Flags:
  • 100% win rates (likely manipulated)
  • Extremely low win rates (under 35%)
  • Inconsistent patterns

2. Profit and Loss (PnL) Considerations:

• 7-Day PnL:
  • Prefer minimum 10K for active traders
  • Look for consistency over time
• Total PnL:
  • Should show steady growth
  • Avoid single-spike profit patterns
• ROI Expectations:
  • Aim for minimum 50% ROI
  • Be suspicious of extremely high ROIs
  • Consider volume in relation to ROI

3. Trading Pattern Analysis:

• Volume Considerations:
  • High volume shouldn’t mean low ROI
  • Look for balanced buy/sell ratios
  • Avoid wallets with suspicious timing patterns
• Trade Frequency:
  • Should show regular activity
  • Avoid wallets with long inactive periods
  • Look for consistent trading behavior

4. Specific Examples Mentioned:

• Bad Example Wallet:
  • Made 175K in 30 days but with very low ROI
  • 57% win rate but scattered strategy
  • Too many random trades without clear direction
  • Showed “spray and pray” approach
• Good Example Wallet:
  • 600K total PnL
  • Consistent 20+ day history
  • Natural win/loss pattern
  • Clear strategic approach

Risk Management Tips:

1. Avoiding Common Traps:

• Watch for copy trading farmers – people who farm their copy traders
• Avoid following pure luck traders – people who only ever make it big on one token and don’t make consistent wins.
• Be cautious of perfect timing patterns
• Check for bot-like behavior

2. Due Diligence Steps:

In simple terms, copy trading success all boils down to doing diligent research and consistent monitoring. What we’ve discussed today-from win rates and PnL patterns, to identifying red flags and verification of trading histories-represent the comprehensive framework for finding truly legitimate, profitable traders to copy. Remember, this is not just about finding wallets that have made money but about finding out who of them has those sustainable and repeatable strategies you can learn from and probably profit alongside.