FAQ

What if I’m not in any trading groups?

  • Trigger /leaderboardpnl to follow top traders.

  • PP Bot also works in single player mode, in DMs.

How can I find good traders to follow?

  • Trigger /leaderboardpnl and you can choose which traders to follow

  • Wait for daily leaderboard updates

  • If you know the Telegram ID of the Pocket Protector user, use /followtrades to follow their trades

How do I know traders I’m following aren’t scamming me?

  • They could be and you should always DYOR on tokens before buying!

  • However, unlike following wallet addresses directly (which can be easily abandoned with no repercussions), Pocket Protector accounts are tied to Telegram IDs so a toxic trader would need to burn their reputation and Telegram ID if they wanted to start fresh

How do I copy trade another user?

  • Feature still in development but you can try out a basic version by triggering /copytrade (currently buys the exact amount the person you are copying buys)

  • Copytrade copies Pocket Protector users’ verified trades, it does not copy specific custom wallet addresses

What happens when I make a call?

  • Whenever you post a CA or $[ticker], PP logs the price and notifies everyone following you

  • Everyone following you gets an alert when you make the call and every + 100% in price

  • You can also go back and press “check trade” on any previous call to see how it performed

Why is my ref code “undefined”?

  • Check to make sure you have a username set in Telegram, then trigger /referrals again. You can’t generate a ref link without a Telegram username

How do I export my wallet?

  • Trigger /exportkeys (do this in a secure location)

  • After you are done, delete the message from telegram.

Why are fees on some trades over 1%?

  • At under 0.5 SOL traded, default mev tip + priority fee might exceed 1% of your trade size as they are fixed. You can customize fees by using the command /settings.

  • You might also be slipping on a low liquidity token. You can customize slippage in settings.

How can I customize priority fee + mev tip?

  • To maximize transaction success, we add a variable mev tip + priority fee for you optimized for current network conditions. You can customize this fee with /setpriorityfee and /setmevtip.

  • Note: lower fees reduces speed and increases transaction failure; and higher fees increases speed & txn inclusion but risks overpaying

How can I customize slippage?

  • Default slippage is 10%. You can customize this with /setslippage.

  • Note: lower slippage reduces speed and increases transaction failure, and higher slippage increases speed & txn inclusion but risks suboptimal execution (getting a worse entry than expected)

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