Tokens Traded, Open and Closed Trades
Last updated
Last updated
Unique Tokens Traded: This metric reflects the number of tokens the wallet has traded so far. A higher number indicates a more diversified approach and longer track record. But be careful if there are too many tokens in a very short time span, as it could be a high frequency trader which is bad for copytrading.
Trades Closed: Closed trades represent fully closed positions and that the profit or loss of those positions is being considered for the other metrics. A wallet with all its trades closed means the returns you see are 100% fact. This is an important factor.
Trades Open: Open trades means there are still tokens to be sold in order to fully close the position. That means these positions could be either a win or a loss. We are not considering unrealized profits into our metrics. Be careful with too many open positions, because a trader could look profitable with a few closed positions on the metrics but with the open unrealized positions he could be a big loser. When the ratio of trades open to trades closed is high, better avoid these wallets.
