Stopping Copy Trading

Sometimes you may need to stop copying a trader. Whether it's due to performance issues, strategy changes, or personal reasons, PiTrade makes it easy to uncopy and withdraw your capital.

When to Stop Copying

Performance-Based Reasons

  • Underperformance: Trader's returns have declined significantly, recent trades are consistently losing money
  • Strategy Changes: Trader has changed their investment approach, new strategy doesn't match your goals, risk level has increased

Personal Reasons

  • Capital Needs: You need the capital for other investments, emergency funds required, want to rebalance portfolio
  • Goal Changes: Your investment goals have changed, risk tolerance has decreased, time horizon has shortened

Red Flags

  • Trader has 3+ consecutive losing months
  • Maximum drawdown exceeds your comfort level
  • Trader stops trading or goes inactive
  • Portfolio becomes too concentrated
  • Fees are eating into returns

Accessing Stop Copy Option

Steps to Access

  1. Open PiTrade
  2. Tap the Portfolio tab
  3. Scroll to Copied Portfolios section
  4. Locate the portfolio you want to stop copying
  5. Tap the Pencil (Edit) Icon
  6. Look for Stop Copying button at the bottom

The Uncopy Process

Confirmation Screen

When you tap "Stop Copying", a confirmation dialog appears showing:

  • Your current investment value
  • Any unrealized gains/losses
  • Request to confirm the action

Before Confirming, Check

  • Current Value: How much your investment is worth
  • Gain/Loss: Your profit or loss
  • Reason: Why you're stopping (optional)
  • Timing: Is this the right time?

Confirming the Stop

  1. Review all details carefully
  2. Tap Confirm Stop Copying
  3. Enter your PIN or biometric authentication
  4. Your copy trade is now stopped

What Happens When You Uncopy

Immediate Effects

  • Copy trade is deactivated immediately
  • No new trades will be mirrored
  • Existing holdings remain in your portfolio
  • Your capital is no longer linked to the trader

Your Holdings & Capital

  • All current positions remain open
  • You now own these stocks outright
  • You can manage them manually
  • You can sell them whenever you want
  • Your investment amount is available
  • You can withdraw it anytime
  • You can reinvest in other traders
  • No lock-in period

Restarting a Copy Trade

Restarting the Same Trader

If you stopped copying but want to resume:

  1. Go to Explore or Strategizer
  2. Find the same trader
  3. Click "Copy This Portfolio"
  4. Enter your new investment amount
  5. Confirm and start copying

Note: This is treated as a new copy trade, not a resume.

Starting a Different Trader

After stopping one trader:

  1. Your capital is available
  2. Find a new trader to copy
  3. Enter your investment amount
  4. Start the new copy trade

Best Practices for Restarting

  • Wait and Observe: Don't immediately restart with same trader, observe their performance for a few weeks, make sure the issue is resolved
  • Diversify: Don't put all capital with one trader, copy multiple traders, spread risk across strategies
  • Learn from Experience: Understand why you stopped, apply lessons to new selections, improve your trader evaluation

Important Reminders

Before You Stop

✓ Review your current gains/losses
✓ Check the trader's recent performance
✓ Consider market conditions
✓ Ensure you have a plan for the capital

After You Stop

✓ Withdraw capital if not reinvesting
✓ Monitor your manual holdings
✓ Consider tax implications
✓ Plan your next investment move

Tax Considerations

  • Stopping a copy trade may trigger capital gains tax
  • Consult a tax professional
  • Keep records of all transactions
  • Report gains/losses on your tax return

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