1. When closing the position,the profit order deducts the expected profit share(frozen according to the maximum proportion)
2. At 0: 00 on the next day, calculating the total PnL of the day and settle according to the proportion of the current trader's profit
3. If the profit distribution amount is frozen > the actual profit distribution amount, the excess part is returned to the follower account
4. If the frozen profit distribution amount is less than the actual profit distribution amount, the trader gets all the expected frozen amount
Example:
The follower "Bill" followed the trader "Lily’s" strategy on January 1, with a maximum profit distribution ratio of 10%, and a trader setting a profit distribution ratio of 5%.
On January 2, the trader "Lily" opened 3 positions with orders A, B, and C and closed them
The follower "Bill" follows the trader "Lily" to open 3 copies of A, B, and C and close the position
Order A, a profit of 10USDT, taking 10% (maximum) profit at this time, that is, 1USDT, and freezing the estimated profit amount; closing order B, with loss of 5USDT; closing order C, with loss of 3USDT
At 0:00, on January 3, calculating the total PnL of follower A's A, B, and C, alln 3 orders on January 2:10-5-3 = 2 USDT, actual profit distribution: 2 * 5% = 0.1 USDT
Profit is distributed. It is estimated that the profit distribution will be frozen at 1 USDT, and the trader will get 0.1 USDT of it, and the remaining 0.9 USDT will be returned to the follower account