Ready Set Trade is a trading terminal for perpetual futures on Hyperliquid, with copy trading built in. Stocks and options through Alpaca are optional and covered near the end of this guide.
Perps
Fund your wallet and trade long or short with leverage, no wallet popups.
Copy Trading
Mirror FOMO traders and Hyperliquid wallets with your own sizing and limits.
Stocks (optional)
Connect an Alpaca account to trade stocks and options, in Paper or Live.
- USDC on Arbitrum: Send native USDC (not USDC.e) to your wallet address, plus a little ETH on Arbitrum for gas. Then enter an amount and select Deposit USDC.
- SOL on Solana or ETH on Ethereum: Choose a coin, select Prepare deposit, and send it to the Unit address shown. We convert it to USDC and credit your balance automatically. Minimum is 0.12 SOL or 0.007 ETH; smaller deposits are not credited (check the current minimum).
Use the header venue switch to choose Perps or Stocks. On desktop, /app has three columns. On mobile, use the Trade, Traders and Account screens; the menu opens Top Wallets and Manage follows.
Left - Signals & Watchlist
Recent trade signals from X and other sources, refreshed automatically. Click a signal to load its symbol into the trade form. Toggle to your Watchlist, or scroll down for Community Trades.
Middle - New Trade
The order ticket, with a live chart and price for the selected symbol. The AI Chat tab beside it answers stock research questions and can draft an order for you to review; it never submits one.
Right - Account & Positions
Your balance, open positions with live P&L, open orders and trade history for the selected venue. See Manage Positions.
Fund your Perps wallet first. Then open Copy Trade in the Perps venue and choose Mirror a wallet.
Copy a FOMO trader
- Select FOMO handle, type a handle and select Resolve to find their Hyperliquid wallet.
- Check the resolved wallet and its positions, then set your account, sizing and limits.
- Review the consent and select Mirror wallet.
FOMO is a social trading app. We use a trader's FOMO handle to find their Hyperliquid wallet, and only their Hyperliquid perp trades are copied, not their Solana token trades. If a handle won't resolve, use a verified wallet address.
Copy a Hyperliquid wallet
- Choose Wallet address, paste a public 0x… address and select Look up. Or open Top Wallets and select Mirror on a trader.
- Review performance and recent activity. A ranking is not a promise of returns.
- Set your sizing and limits, confirm consent and select Mirror wallet.
Mirrors copy new activity only; positions the trader already holds are not copied. Resting limit orders are copied too, and edits or cancels follow the source. Your fills can differ in price, be partial, or be skipped.
Sizing and limits
- Size: a percentage of each source trade, or a fixed dollar position size (position value, not margin).
- Caps: per-position and account-wide limits. Leverage follows the source, capped by your settings and the market.
- Entry and exits: set a worst acceptable entry price, exclude coins, and add optional TP/SL percentages. These are measured on margin: at 5x leverage, a 10% TP triggers after a 2% price move. Venue minimums can skip small orders.
Follow, Copy and Mirror
Follow adds feed updates only. Copy prefills a ticket you submit yourself. Mirror places trades automatically after your consent. On Top Traders you can also follow callers (X accounts whose trade calls appear in Signals) and RST members (other traders on this site).
Edit or stop one follow in Manage follows. To stop everything at once, open the … menu next to Manage follows in Copy Trade and choose Stop all copying. Stopping only blocks new copied orders unless you also switch on Also close my open perp positions, which closes them at market.
Results show in your notifications. Add your own Discord webhook in Settings → Copy Trading for alerts.
- Open / Closed: toggle between live positions (with real-time P&L in green or red) and your trade history. Open orders are listed separately.
- Perps: each position shows its liquidation price. Select Set TP/SL to add or change exits, close all or part of it, and export open or closed P&L as a shareable card. After a partial close, check the TP/SL on what remains. Your performance chart is in the account view.
- Stocks: click a position to see its exit orders. Use the pencil icon to move a stop loss, or Close Position to sell some or all at Market or Limit. Fractional positions close in full at market.
- Cancel an order: find it under open orders and select Cancel (confirm if asked).
- Refresh forces an update; positions also refresh on their own.
- Fees: a platform fee of up to 0.1% per order, plus Hyperliquid's own trading fee (shown as HL Fee in your fills).
- Funding: perps charge or pay funding every hour, depending on your side. The chart header shows the current Funding (1h) rate.
- Back up your wallet: in Settings → Perps, select Export Private Key and store it somewhere safe, like a password manager. Anyone with this key controls your funds; never share it.
- Withdraw: import your exported key into a wallet such as Rabby or MetaMask, open app.hyperliquid.xyz , connect that wallet and withdraw USDC to Arbitrum. Your RST trading agent cannot withdraw for you.
Switch the venue to Stocks, then type a ticker (e.g. AAPL) or click a signal. With Attach exit plan on (the default), the ticket fills itself in:
- Stop loss at the low of day (long) or high of day (short).
- Quantity sized from your Max $ Risk, which is remembered between trades.
- Half the position takes profit at +0.4R. R is your risk per share (entry to stop), so +0.4R is 40% of that distance in your favor.
- The other half rides a trailing stop of about 1R.
Adjust anything, then select Submit Order. The entry goes in right away; the take-profit and trailing stop attach once it fills and appear in Open Orders.