Copy Stop Loss (CSL) is a feature that gives you the ability to manage your trades effectively by providing risk management in each “copy relationship” based on real-time Profit/Loss values. It is essentially an automated risk control system that allows you to set controls for the entire copy relationship at a dollar value. The CSL amount represents the copy equity that needs to be reached in order for the entire copy to close automatically, NOT the amount you are willing to lose.
Trader A is copied by Trader B with $100 and a CSL set at $60 – meaning Trader B does not want the copy relationship to lose more than $40 before CSL triggers. Trader A has 2 positions: one that has gained $10, another that just dropped to -$50. At that point, CSL triggers and both positions – the losing position, and the gaining position are closed and the copy relationship with that trader is disconnected.
Set the stop loss ratio, then automatically close the position in the perpetual contract (all) according to this ratio. If the value is set to 70%, the long position opening price will fall by 70%, or the short position price will rise by 70% to close the position, as long as it is triggered If the price is exceeded, the forced liquidation will be started, and the price will be based on the market price until the liquidation is completed.