FAQ
Last updated
Last updated
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)