Exchange trading
In order to start trading a strategy on a real account, you need to open the Strategies manager module, add a new instance of a trading strategy to it and enter the values in the API Key and Product ID authorization settings. You will find these values at https://binom.run/my-account/api-keys/.
You will have to enter these keys once, then they will be picked up automatically by the strategists. When you are done with this, you will need to enter the remaining trading settings from those that you selected during the testing stage.
However, it is worth talking about the Instance name parameter in a little more detail. This parameter is used as a unique mark so that different instances of the same automatic trading strategy do not confuse their virtual positions with each other, and the strategy also uses this mark to restore all virtual positions after an emergency reboot or loss of communication between the trading platform and the exchange. This parameter can be anything, but strictly unique for each instance! Otherwise, the virtual positions of different instances may be confused with each other.
After you have configured the necessary parameters, just press the RUN key and the strategy will begin trading. Then you need to add another instance and repeat the setup but with the following parameters from your list.
If you have correctly searched for possible markets suitable for real trading, then you have a huge number of markets available for pairs trading. Proper diversification assumes that each launched instance works with its own unique markets that no other instance of the strategy trades with. Let me give you an example: if we launch a strategy that trades two markets BTC/USDT and ETH/USDT then no other instance of the strategy can trade either of these markets. Otherwise, a sharp change in market connectivity will cause a drawdown on both running instances of the strategy, so carefully select the markets that you place in real trading, they should not be duplicated.
Even though we choose to trade the most closely related pairs of markets, sometimes these connections break and it is impossible to predict; there is literally no way to predict that the next spread divergence will go back to zero in the same period of time as before. These instances of disintegration occur approximately once every 3 months for every 10 markets you trade.
A deposit for real trading is needed in such a volume that it is sufficient to establish a 1% risk per transaction with ten simultaneously traded copies of the strategy. This configuration is quite conservative and gives +300% per annum with drawdowns of about 15%. If the deposit is not enough, I would advise you to postpone trading with this trading strategy, but you can try to increase the risks several times in order to try to multiply your deposit x10-x100 times within a month or two. However, remember that this is fraught with the loss of the entire deposit.
