Before you start
- Create your account at sign in and accept the signup agreements.
- Have a brokerage account with options approval. TastyTrade is the first supported broker; IRAs work if options are allowed.
- Decide how much you can afford to lose. Copying can lose money, including your full allocation.
Step 1: Link your brokerage account
- Open Copier setup and choose Link brokerage. You sign in on your broker's own page; CNKTID never sees your password.
- Pick which account to copy into. Account numbers are always masked.
- Your balance and buying power appear once the link is confirmed. If the link expires, you can re-link at any time from the same page.
Step 2: Set your drawdown stop and loss limits
- Go to Dashboard → My loss limits & safety settings.
- Enter a Peak drawdown stop as a percentage, for example 15. CNKTID measures it from your account's highest value, adjusted for deposits and withdrawals so moving money never looks like a loss.
- Choose what happens when it's reached: pause new copies, or pause and close only the positions CNKTID opened.
- Optionally add daily loss caps, position caps and symbol or expiry exclusions, then save.
Step 3: Choose a strategy and start copying
- Browse public strategies and review results, risk, fee and stability score.
- Choose an amount in dollars and/or a percent of your account. The smaller one applies, and contract counts round down.
- Pick an approval mode: Co-pilot (approve each trade, the default) or Autopilot (follow automatically).
- Accept the risk agreement and save a card for monthly profit fees. You only pay a fee on realized profits.
What to expect after you start
- Each opening trade checks your live buying power first; trades that don't fit are skipped.
- Take-profit and stop-loss exits are placed at your broker, but closing orders can be rejected, delayed or blocked, so watch your alerts.
- You get in-app and email alerts when trades fill or close, plus a daily summary.
- You can pause or stop copying any time.
Trading options involves risk, including loss of principal. Past performance does not guarantee future results. CNKTID is a software platform, not a broker-dealer or investment adviser, and is not affiliated with TastyTrade or any company named on this page.