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Overview

TradeWiz is a trading tool within the Solana blockchain, enabling users to engage in copy trading effectively. It offers features such as buying, selling, placing limit orders, and an innovative Auto Sell option.

Copy trading on TradeWiz allows users to copy actions of successful traders through the "Smart Money" feature. The Smart Money tool further aids users in identifying profitable trades and simplify wallets searches. TradeWiz also supports limit orders, allowing traders to set specific price points for buying or selling. The Auto Sell feature provides risk management by employing stop-loss and take-profit orders.

In this guide, you'll learn how to get started with TradeWiz and how to use its features.

Prerequisites for this guide

Required prerequisites:

    All prerequisites are marked with checkmarks for easy scanning.

    What You'll Learn

      Step-by-Step Instructions

      Accessing TradeWiz on Telegram

      The journey begins by visiting the TradeWiz bot on Telegram.

      If you haven't registered on Telegram, that should be your initial step.

      Screenshot for Accessing TradeWiz on Telegram
      Step 1: Accessing TradeWiz on Telegram

      Creating Your Wallet

      Once engaged with the bot, a unique Solana address is generated for you, initiating your trading journey with TradeWiz.

      Screenshot for Creating Your Wallet
      Step 2: Creating Your Wallet

      Funding Your Wallet

      With the setup complete, it's essential to fund your wallet. Transfer an amount of SOL to this address to activate trading capabilities.

      To smoothly fund your account, type /start in the Telegram bot to reveal your wallet address.

      Screenshot for Funding Your Wallet
      Step 3: Funding Your Wallet
      💡 Pro Tips
      • Initiate a small transfer to ensure everything operates smoothly before committing larger sums.

      How to Buy Using TradeWiz

      To buy a token with TradeWiz, type /start in the Telegram and click on the button “Buy”.

      Then simply copy/paste the token's contract address:

      Screenshot for How to Buy Using TradeWiz
      Step 4: How to Buy Using TradeWiz

      The bot will then display information about the token entered. You'll also be able to configure several options, such as slippage, anti-MEV or the amount of SOL you want to buy.

      Screenshot for
      Step 5:

      Proceed with the transaction.

      Once you've chosen the amount you want to buy, click on the “Buy” button to proceed with the transaction.

      Screenshot for Proceed with the transaction.
      Step 6: Proceed with the transaction.

      How to Sell Using TradeWiz

      Selling through TradeWiz is simple — type /start into Telegram bot, click on the "Sell" button and select the token by clicking on the ticker.

      Screenshot for How to Sell Using TradeWiz
      Step 7: How to Sell Using TradeWiz

      Then, decide to sell either a portion or the entirety of your holdings.

      Screenshot for
      Step 8: