🛑 Read This First
- Paper trade for at least 3 months before live deployment
- Start with read-only API keys, graduate to trading permissions only after testing
- Implement kill switches - Telegram command to halt all trading
- Set position limits - max 2-5% per position, max daily loss limits
- Never give withdrawal permissions to API keys
Use Cases
Paper Trading Bot (Alpaca)
Validate strategies with simulated trades. Zero financial risk. Excellent for testing.
✓ Zero Financial RiskDCA Automation
Scheduled purchases (weekly/monthly). Removes emotion from timing.
⚠️ High Risk (Live)Grid Trading
Automated buy-low, sell-high in range-bound markets.
⚠️ High RiskStop-Loss & Take-Profit Manager
Advanced exit management beyond broker native tools.
⚠️ Medium-High RiskCrypto Exchange Automation
Binance, Coinbase API integration for spot/futures trading.
⚠️ High RiskBroker Comparison
Alpaca (Recommended for US)
Zero commission, excellent paper trading, simple API. Stocks + crypto. No options.
Interactive Brokers (Global)
Full API, global markets, all asset classes. Steep learning curve. Best for serious traders.
Binance (Crypto)
Largest crypto exchange. Spot, futures, options. NOT available to US users. Secure your API keys!