Wicked Smart Automated Trade Management Ideas
The goal of this workshop is to walk you through the basics of using a monitor automation. These simple techniques that will help you optimize position management.
Learn wicked "smart ways" to use monitors inside a bot, including:
- Dynamically adjusting profit targets
- Managing positions around expiration to avoid assignment risk
- Scaling out of positions
- Adjusting your management strategy based on market volatility
- Leveraging SmartStops to get the most out of your positions
- Using switches to turn certain parts of an automation on or off
- Using tags to organize your closed positions
Visit the Community to see a list of all the automations used in the workshop.