After the lead trader opens a position, the copier's position may be closed under the following four circumstances:
I. Close position following the Lead Trader
When the Lead Traders close their position, the Copy Trading system will automatically close your followed position at the same time.
II. Copiers manually close positions
Go to the official LBank website, click on "Future" to enter the trading page, then click on "Copy Trades" and select the manual position-closing ways.
III. Triggering the Take-profit/Stop-loss Ratio
Firstly, copiers should set the take-profit/stop-loss ratio in "parameters setting" on the Futures copy settings. When the followed position triggers the set take-profit/stop-loss ratio before lead trader closes the position, the followed position will be automatically closed.
Check for more info, "Risk Management for Copy Traders"
IV. Current Followed Position Loss Exceeds Available Contract Assets
When the unrealized loss amount of the current position is greater than the currently available future balance, the followed position will be automatically closed.