Spot Trader

Spot Trader buys or sells a spot pair when you tell it to, and protects what it buys with take-profit, stop-loss and trailing exits.

Buy 20 USDC of NEAR, take profit at 10% and stop out at 5%.

What it needs

• Buy or sell, and the exact pair.
• The amount, from the tokens allocated to the agent.
• Now, or a condition such as a price.
• Fee and slippage limits, and an end date.
• Optional exits: take-profit, stop-loss and trailing stop.

Exits

Exits are tied to what the agent actually bought and what it paid, not to an estimate.

• Take-profit sells when the price reaches your target above your cost.
• Stop-loss sells when the price falls to your limit below your cost.
• Trailing stop follows the highest price since entry and sells when the price falls back by your distance.

Exits are checked about every five seconds. They are best effort: a fast move can fill past your level, and a stop is not guaranteed.

What it won't do

• Sell tokens it doesn't own. Sells come only from its own units.
• Use leverage or open a new venue on its own.
• Treat a quote as a trade. A dry quote is research; only a checked, signed order trades.

Partial fills are tracked exactly, and exits apply only to what was filled.