Go-live checklist
Tick every line before your first live order. Each line links to the step in Going live.
WARNING
Live trading can lose money. Start with small orders.
On paper first
- [ ] The bot has traded on paper for at least a few days, and you understand what it does (Getting started).
- [ ] You know what each setting does (shot settings), and you know that paper results are a best case.
- [ ] You chose where the bot runs: your PC, or a server for real money (Which path to choose).
Binance
- [ ] Futures is opened on your Binance account.
- [ ] Money is in the right wallet: USDT in USDⓈ-M Futures for USDT perpetuals, or the coin itself in COIN-M Futures for coin-margined perpetuals (Before you start).
- [ ] You made an API key for the bot (Your Binance API key):
- [ ] Enable Futures is on.
- [ ] Enable Withdrawals is off, and every other trading or transfer permission is off.
- [ ] The key is locked to the IP of the machine that runs the bot.
- [ ] You do not trade by hand on the bot's coins with this account (Two rules).
In the Lab
- [ ] Settings → Exchange: keys saved, then Test connection shows every line green: Connected, Trading allowed, Futures on, Withdrawals off, Locked to IP, and a balance that is not 0.
- [ ] The Leverage line shows the leverage you expect on each symbol.
- [ ] Settings → Strategies: Emulator (paper) is unticked and you pressed Save. The line under the switch says "Ready for live. Live trading can lose money."
- [ ] You pressed Restart 1 strategy at the bottom of the strategy list. Without it the strategy stays on paper.
- [ ] The chart shows Live, and the first live orders appear on Binance under Open Orders.
If the bot runs on your PC
- [ ] Sleep is off while the bot trades (A5).
- [ ] You know to Stop the bot before you restart or shut down the PC, and to start it again after.
If the bot runs on a server
- [ ] The server is in Tokyo, with automatic payment on at the provider (B1).
- [ ] One
shotbot on this server, no more. - [ ] You know how to stop and start it from the server's console (Stopping and starting a server bot). The Lab cannot stop a server bot.
Safety net
- [ ] You read If the computer or server goes down.
- [ ] Virtual SL is off, unless you know why you need it.
- [ ] Telegram is connected (Lab → Profile → Connect Telegram), so you get alerts.
- [ ] For real money: a watchdog runs on a second machine, with its own Binance key (A watchdog on a second machine).
Your plan
- [ ] Free plan: only BTC, ETH, XRP, SOL and BNB perpetuals trade live, and orders are cut to $20 (or the Binance minimum). Other coins show "… is not in the Free plan".
- [ ] Paid plan: you set a reminder before it ends. It does not renew by itself (Paying for your plan).