Strategy Trading
Strategy mode under live trading: a trading bot uses real funds to follow strategy rules. Covers pre-launch checks, ways to start, monitoring during runtime, and tips.
Strategy Trading means choosing strategy mode in Live Trading: a trading bot uses real capital to place orders on the exchange—the strategy produces buy / long & sell / short signals, and each pair's execution config on the bot (position, stops, targets, max drawdown, etc.) handles the actual order placement and risk control. Alongside AI-Driven Trading and News & Event-Driven Trading, it is one of three live trading modes. This page covers pre-live preparation, how to start, and runtime monitoring and management under strategy mode; the creation and start entry point is Live Trading (workflow)—pick Live Trading and strategy mode to land here. For concepts and flow see Trading Basics.
Pre-live checklist
Before going live, go through the items below to avoid losses from missing config or poor risk control.
| Item | Description |
|---|---|
| Strategy validation | The strategy and execution config have been validated via backtest; we recommend running Paper Trading for another 1–2 weeks until performance roughly matches backtest before going live |
| Exchange and API | Connection and API (read and trade permissions) are configured in Exchange Config, account balance is sufficient, and connection / permission tests pass |
| Execution config and risk control | Per-pair position, stops, targets, max drawdown, etc. are set when creating the bot; bot-level overall take-profit / stop-loss provide a safety net; the system strictly enforces these in live—see Execution Config, Risk Management |
| Capital and mindset | Use capital you can afford to lose; start small in live (e.g. 1,000–5,000 USDT) with a reserve; be mentally prepared for short-term drawdowns |
Live, backtest, and paper share the same execution config; we recommend keeping the pair and K-line timeframe consistent across them for attribution and comparison.
How to start
The entry point to create and start a live bot is the same as Live Trading (workflow): when creating a trading bot, pick Live Trading to enter live mode.
- Via AI Agent: tell the AI Agent that you want to go live (specifying strategy, pair, K-line timeframe, etc.); it walks you through creating a trading bot, picking Live Trading, and completing the config before starting.
- Via the UI: from the Strategy Library or the trading / bots page, open "Create Trading Bot", bind a strategy per pair, pick a K-line timeframe, set the execution config (including initial capital) and risk parameters, then start the bot.
The config items at creation (bot level: exchange, mode, overall take-profit / stop-loss; per-pair level: strategy, K-line timeframe, execution config) are covered in Live Trading (workflow). Before starting, double-check that the API and exchange are reachable and that the execution config and capital scale match your expectations.
Runtime monitoring and management
Live state and records
- Positions and capital: current positions, available capital, and unrealized P&L are shown on the system dashboard and in Trade Statistics; review return and drawdown on a regular basis.
- Fill details: every entry / exit, fill price and size, fees, etc. live in the trade records inside Trade Statistics—useful for review and for checking that execution matches the strategy and execution config.
- Alerts: outsized losses, failed trades, and risk limits hits trigger alerts; configure the channels in Notification Config and act on alerts in time. When risk limits are exceeded, the two-layer controls in Risk Management auto-execute stop / target or pause; if you're also using Auto Takeover for manual positions, the corresponding takeover orders exit by their own rules.
Pause and stop
- Pause: stop new entries while keeping current positions; useful for temporary observation or for tweaking strategy / execution config without leaving the market.
- Stop: stop new entries and close current positions (if supported by the system); useful for exiting the pair or for emergency stops. After modifying strategy or execution config, save and—if needed—restart the bot for the changes to take effect.
The exact entry point and close-out rules depend on the system.
Usage tips
- Paper before live: once the backtest passes, run Paper Trading for 1–2 weeks or more before switching to Live Trading.
- Start small: validate with small live capital first, then scale up once stable; avoid going large in one shot.
- Risk first: set stops and position caps strictly, and keep the live execution config consistent with backtest to ease attribution—see Risk Management.
- Regular review: combine Trade Statistics and Monitor to review performance, and if parameters or the strategy change, re-validate via backtest before updating live.
Common questions
What if live results are very different from the backtest? Live involves slippage, fees, liquidity, and latency, so some gap from backtest is expected. First check whether the execution config (position, stops, targets) matches the backtest, then review fills and slippage; if it keeps diverging, reassess the strategy or parameters and go back to paper or backtest to tune.
When should I pause live? When drawdown or losses exceed expectations, the strategy clearly stops working, or there's a system / API issue—we recommend pausing or stopping, diagnosing, adjusting, and only then considering a resume. The two-layer controls in Risk Management auto-execute when drawdowns or per-trade risk hit their thresholds; if you've also opened manual positions on the exchange, Auto Takeover can manage their exits by rule.
Can I run paper and live at the same time? Only on different pairs (or exchanges). One pair can only be managed by one bot, so the same pair can't run paper and live simultaneously; to keep both observation modes under the same strategy, create separate bots on different pairs. One bot can manage multiple pairs on the same exchange.
Where do I create a bot? In Live Trading (workflow); pick Live Trading for live or Paper Trading for paper.
Next steps
- Live Trading (workflow) — Create a trading bot and configuration tips
- AI-Driven Trading, News & Event-Driven Trading — AI- and event-driven trading modes
- Trade Statistics — View fills and statistics
- Risk Management, Execution Config — Risk and position configuration
- Monitor, Auto Takeover — Performance monitoring and manual-position management
- Trading Basics — Concepts and flow