5 Steps to Launch Your First AI Trading Bot

Starting with algorithmic trading can feel intimidating, but TradingMaster AI is designed to make it accessible to everyone. In this guide, we'll walk you through the exact steps to launch your first bot.

Step 1: Connect Your Exchange

Your funds always stay in your exchange wallet (like Binance or Kraken). We simply connect via secure API keys.

1. Go to Settings > Exchanges.
2. Click Add New Exchange.
3. Enter your Read-Only API keys. Read our Security Guide for details on keeping these safe.

Step 2: Choose Your Market

Select the cryptocurrency pair you want to trade. For beginners, we recommend starting with high-volume pairs like BTC/USDT or ETH/USDT as they offer reliable liquidity for our AI algorithms.

Step 3: Select a Strategy

This is the most critical step. You need to match the strategy to the current market condition:

• Ranging Market? Grid Trading is your best friend.
• Trending Market? Consider Momentum Trading.
• Long Term Accumulation? DCA Bots (Dollar Cost Averaging) is ideal.

Not sure which to pick? Check out our Market Cycles Guide.

Step 4: Define Risk Parameters

Never launch a bot without safety nets.

• Stop Loss: A standard 2% stop-loss is a good starting point.
• Take Profit: Secure gains when the market spikes.
• Learn more about the Golden Rules of Risk Management.

Step 5: Backtest & Launch

Before risking real money, run a Backtest to see how your settings would have performed over the last 30 days. If the results look green, hit Launch!

Pro Tip: Start with "Paper Trading" mode to test your strategy risk-free for the first week.

Ready to automate your freedom? Go to your Dashboard and start building.