As many of you asked how to read all these parameters and what numbers to look for, we decided to make a guide where we explain everything:

🤴 Overall Statistics:
The number of orders: number of trades (buys + sells)💫
Total Number of trading pairs: total number of coins traded
Unpurchased pairs: tokens that been airdropped or received by wallet 🚨
Sniper (15 sec): buy in first 15 seconds after launch (only for last 30 pairs)
Sold more than bought: wallet sold more tokens that bought 🚩
Winning Trades: percentage of winning trades 📈
Losing Trades: percentage of losing trades 📉
Average Buy Am: average position size for each trade 🤑

💰 Financial Metrics:
Total Volume: BUY + SELL total sum in SOL💰
Net Profit: Net profit in SOL
Total ROI: Calculated from total BUY sum
AVG: ROI(Percentage): How much ROI you could make on each pair if you copy the trader's percentage
AVG: ROI(Fixed): How much ROI you could make on each pair if you have risked same amount on each trade.

⚖️ Risk-Reward Ratio:
Average RR: Calculated assuming -100% loss on lost trades 🚀
Average Loss: average loss per pair 😢
Longest Losing Streak: maximum number of lost trades in a row 👺

🏆 Best Performances:
Winrate: percent of winning trades ✅
MedianWin: average win in SOL 💵
Maximum Profit per Trade: highest win in SOL 🔥
Longest Winning Streak: maximum number of trades won in a row 🏆

If you think its too much numbers to look for, simply check net profit to understand how much your trader made in total trades scanned. Also, take a look at average RR and winrate, in trading you may want to keep these numbers as high as possible.

If you guys have any questions of you find some parameter unclear, feel free to ask your questions in chat https://t.me/SolWalletAnalyzerPortal.

And also for guys that didnt heard about this yet, when you trade a token first time on SOL your wallet will open a token account, paying 0.002 SOL. You can get this amount back by closing vacant token accounts using SOL incinerator
https://sol-incinerator.com
Flux has this built in but for other bots you have to import it in solflare and close account from there.

🚀 We are introducing to you our refferal program!

🎉 As part of our new update, we're thrilled to announce our referral program! Refer friends to our service and earn rewards:

🤝 Refer a friend: Receive a generous 15% of their subscription fees as a thank you for spreading the word!

💸 Referred user benefit: Enjoy a discount of -5% off your subscription fee as our way of saying welcome aboard!

💥 Currently, the bot is entirely free to use, as we do not offer any paid subscription options at this time. However, you are encouraged to share your referral link with friends. Looking ahead, when we introduce paid subscriptions, premium users who signed up already through your referral will contribute to your earnings.

🚀 Guide to identifying profitable wallets for copy trading on Solana 🚀

Step 1: Start on BirdEye 🐦

Open birdeye.so and navigate to any token chart of your choice.

Step 2: Analyze the chart 📉

Look for a phase where the token shows a stable, sideways movement before a gradual uptrend or pump begins. This is typically a consolidation zone.

Step 3: Mark the consolidation zone 📍

Identify and note the start and end points of this sideways action before the price starts to climb.

Step 4: Find relevant trades 🔍

Click on the 'Find Trades' option to dive deeper.

Step 5: Set Your Filters 🛠️

Select 'Filters', then 'More Filters', and set the timespan to cover the period you're interested in.

Step 6: Dive into wallet addresses from the list of trades 📂

Open each wallet address that made purchases during your specified time in a new tab. Aim for addresses with buy orders in the range of 0.2 to 0.5 SOL to avoid overly small or large transactions.

Step 7: Evaluate trading metrics for each wallet meeting the criteria 🔎

Examine each wallet individually. Look for wallets that have max 2-3 consecutive buys on the same token and holding each trade for more than 1 minute.

Step 8: Shortlist promising wallets 🌟

Keep track of addresses that show promising trading style for further analysis.

Step 9: Use the SOL wallet analyzer bot🧐

With the shortlisted wallets, use the analyzer to assess key metrics such as net profit, average risk-reward (RR) ratio, and winrate.

Step 10: Focus on key metrics 📊

Prioritize addresses with an RR above 1 and a profit rate of 70% or higher. Additionally, consider metrics like snipe detection and average buy sum to refine your choices, so avoid snipers and traders with big average buy sum.

By following these steps, you'll be better equipped to identify wallets that have a proven track record of successful trades on the Solana tokens, enhancing your copy trading strategy. 🌐🔥

Key characteristics of an optimal wallet suitable for copy trading on Solana 🌟

Non-Sniper approach 🛑

The ideal wallet does is not involved in any snipes of tokens. It's crucial to look for sustainable trading strategies that focus on genuine value rather than short-term exploits.

Robust risk-reward ratio (RR) 📈

Seek out wallets with an average RR (risk-reward ratio) above 1. This indicates a favorable balance between risk taken and potential returns.

High winrate 🎯

A win rate above 70% is indicative of a trader who consistently makes profitable trades. This is a key metric in assessing the effectiveness of a trading strategy. Profitability means balance between RR and winrate, so if you want to make an idea just add these 2 metrics of any wallet you think its good into any equity curve simulator. If all possible outputs are rising, your wallet is profitable.

Meaningful hold times ⏳

Average hold times of more than one minute can suggest a thoughtful trade execution rather than hasty decisions.

Leveraging the analyzer bot 🔍

Utilize the analyzer tool, especially while it remains free. It's an invaluable resource for evaluating the performance metrics of potential wallets to follow.

Realistic expectations 🌐

Remember, copying another wallet's trades doesn't guarantee identical results. Various factors such as bot speed, blockchain congestion, market capitalization of traded tokens, and the original trader’s buy size can all influence outcomes. It's important to set realistic expectations and adapt strategies accordingly.

Final tip: make your move! 💰

With these insights and tools at your disposal, you're well-equipped to make informed decisions and potentially increase your trading bankroll. Dive in, analyze, and adapt to harness the full potential of copy trading on Solana. Remember to test small amounts and first and slowly increase postion size if things go well in testing.

This guide aims to provide you with a comprehensive approach to finding and following profitable traders on Solana chain, enhancing your trading strategy for better results.