Getting started

In manual mode, Moonbot allows you to use Stop-Loss and Take-Profit to manage risk and lock in profits. These tools let you set predefined conditions for automatically closing a trade.

Stop-Loss is used to limit losses. It defines a price level at which the terminal will close the trade if the market moves against you. This prevents small losses from turning into major ones.

Take-Profit is used to lock in gains. It sets a price level where the terminal will automatically close the trade with a profit, without requiring constant monitoring.

Both tools enhance manual trading by allowing you to define acceptable risk and expected outcome in advance. For beginners, it’s especially important to understand and use these tools consciously — even when trading small volumes.

Using Stop-Loss and Take-Profit reduces the impact of emotions on your trading decisions and promotes a more disciplined and predictable trading process.

For detailed instructions on setting up and using Stop-Loss and Take-Profit in manual trading, refer to the Education section: Manual and automatic exit mechanisms: stop-loss, take-profit, and trailing stop.

Practical Recommendations for Getting Started

When starting out with manual trading in the Moonbot terminal, it is strongly recommended to use the smallest possible trade sizes. This allows you to focus on understanding how the terminal operates and how trading mechanics work — without exposing your balance to significant risk.

In the beginning, your main goal should not be financial profit, but rather developing an understanding of the trading process itself: how trades are opened, monitored, and properly closed. This mindset helps avoid common beginner mistakes and builds confidence when working with the terminal.

As you gain more experience and become familiar with the interface, you can gradually move toward more deliberate trading decisions and increase your trade sizes.