Step 1: Log into Your BOTMOON Account
Begin by logging into your BOTMOON account. Make sure you've transferred an adequate amount of USDT into your account for trading.
Step 2: Navigate to the 'Bots' Section
From your main dashboard, click on the 'Bots' section. This area is where you'll manage all your trading bots.
Step 3: Click 'Create New Bot'
Find and click on the 'Create New Bot' button. This will open a new page or window where you can set up your bot.
Step 4: Select 'Spot Trading'
When prompted, select the 'Spot Trading' option. This mode allows your bot to trade using your available balance without leverage.
Step 5: Choose 'Martingale Strategy'
In the strategy selection, choose 'Martingale Strategy.' The Martingale strategy is a method where the bot doubles its bet after every loss, so it recovers all losses plus makes a profit when it wins.
Step 6: Configure Your Bot
Set up your bot's specific parameters. These may include:
- The cryptocurrency pair you want to trade
- The initial size of the trading position
- The maximum number of doubles
- Your stop-loss limit
Ensure you fully understand each parameter before you adjust it. BOTMOON may provide tooltips or a help guide for assistance.
Step 7: Activate Your Bot
After setting up your bot to your satisfaction, click the 'Activate' or 'Start Bot' button. BOTMOON should confirm your bot's activation, and it will begin trading based on the parameters you've set.
Step 8: Monitor Your Bot
Lastly, ensure you regularly monitor your bot's performance and adjust its settings as required. BOTMOON will provide necessary reports and statistics.
