What copy bots actually do
- Watch a leader wallet (activity API / WebSocket)
- Scale size into your account
- Submit orders on your path — if the tool supports that path
A follower may receive a different price or no fill. Fees, delays and position sizing can produce different results from the observed account.
When copy trading can make sense
- You already know why the leader wins (niche, speed, information)
- You can set max size, max loss, and a kill switch — risk controls
- You passed custody and residency checks — diligence
Questions a track record should answer
- “Top wallet” lists without survivorship context
- Keys you cannot revoke
- No paper mode; no fee model dated to 2026
- Ignoring US vs International
Security first
Review the tool’s code and requested permissions using the security checklist. Polymarket’s key guidance says not to share a private key with another party.
Where Bot for Polymarket fits
We are not selling a Telegram sniper. Bot for Polymarket offers a waitlist for a planned builder with paper mode. If your edge is a strategy you can express as rules + risk limits, join the waitlist. If your edge is “follow wallet X,” diligence the tool harder than the leaderboard.
Fee references, product status and tool-evaluation language updated October 7, 2026: Polymarket US fee schedule.