# Set Your Budget

Before you can start copy trading, you need to have available balance in your account.

Go to [**Deposit & Withdraw**](https://docs.trycoinpilot.com/account/deposit-and-withdraw) first if you have not funded your wallet yet.

Your **budget** is the total amount reserved for copying this trader’s moves. It sets the maximum capital that can be used when mirroring positions.

You can set your budget by:

* Entering an amount manually
* Using the quick allocation buttons: **10% / 25% / 50% / Max**

<div align="left"><figure><img src="https://2405988554-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FrasDd1Lrb2QL7OFLZsHx%2Fuploads%2FI1rk8aXvoQkT9wzeUS9p%2Fimage.png?alt=media&#x26;token=7081ed41-559a-4bef-80a4-a876b7c84c1b" alt="" width="188"><figcaption></figcaption></figure></div>

{% hint style="info" %}

* The **minimum allocation is $100**
* A **$1 activation fee** will be charged when a new copy-trading wallet is used for the first time. And this goes to Hyperliquid.
* Your **Total Allocation** = existing allocation + new allocation + PnL
  {% endhint %}