Skip to main content

Mastering Smart Positions

Managing multiple trades manually can be overwhelming—but with Smart Positions in Altrady, you can automate key parts of your strategy and stay in control.

In this tutorial, you’ll learn how to use Smart Positions to efficiently manage entries, take profits, and stop losses—all with advanced features designed to help you minimize risk and maximize gains.

What you’ll learn:

  • How to start a Smart Position with any order type (Market, Limit, Stop)
    • Using ladders to create up to 10 entry orders
      • Setting multiple take profit levels with Scaled or Targeted strategies
        • Adding trailing take profits for better exit timing
          • Customizing stop losses with cooldowns and follow-price logic
            • Using the risk calculator to size your position based on your balance
              • Applying expiration and auto-close rules to reduce risk exposure
                • Saving your setups as presets for faster trading

                  By the end of this lesson, you'll know how to streamline your trading workflow and make smarter decisions—without the stress of micromanaging every position.

                  Before you start

                  You'll need your exchange API key

                  Altrady connects directly to your exchange. Here's what to have ready before creating your account.

                  An account on a supported exchange Binance, Bybit, Kraken, OKX, Coinbase and 15+ others. You'll connect it in under 2 minutes.
                  A live exchange account to connect via API Key or Fast Connect Generate a read + trade only API key — no withdrawal permissions needed. Takes about 2 minutes.
                  Trade-only permissions — Altrady can never withdraw or move your funds.

                  Not sure which exchange? See all supported exchanges →