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User onboarding>About Monflex>How to launch a Trading Bot and track active trades

How to launch a Trading Bot and track active trades

Launching a Trading bot on Monflex is simple and takes just a few steps directly from the My bot tab.

 

Steps to Launch a Bot:

  1. Open the Monflex app and tap My bot in the bottom navigation menu.
  1. Select Account Type: If you have both Demo and Real accounts active, select which account you want to launch your bot in (Demo or Real).
  1. Choose Asset: Select a supported stock or ETF for your bot to monitor. (Note: Cryptocurrency assets are available exclusively in Demo mode for practice and simulation). 
  1. Launch: Once selected, you will be taken to the main dashboard where your active bot is running and actively scanning for setups.


Tracking Open Trades & P&L:

Once your bot is running and executes trades, you can monitor live performance directly from the dashboard:

  • Target Exit Prices: View real-time asset target prices at which your open trades will automatically close.
  • Overall P&L: Track your cumulative Profit & Loss across all active and completed trades.

 


If you experience any issues launching a bot or viewing your open positions, contact us at support@monflex.io or by submitting a ticket to the Support Center.
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