In crypto futures trading, participants enter into contracts to buy or sell a specific amount of a cryptocurrency at a predetermined price on a future date. Participants are essentially making bets on future price movements. The buyer (long position) believes the asset’s price will rise, while the seller (short position) anticipates a decline.

The Sema bot uses a DCA strategy for futures trading. This strategy means regularly putting a fixed amount of money into trading at set times. It’s a disciplined way of trading that helps deal with the ups and downs of the market. If you want to learn more about the DCA strategy, you can check it out here.

Now, let’s dive into launching a Sema futures bot.

Getting Started with a Sema DCA Futures Bot

Connect Your Exchange: Begin by connecting your exchange or activating a futures account. Ensure that you have the necessary permissions to execute trades and access futures markets.

Switch to the Futures account: Switch to the futures account. If you want to gain more experience with futures trading without any risks, you can use a demo mode. A demo account is fully real-like, except you can not withdraw it.

Create a Futures Bot: To create a DCA Futures Bot, go to the Trade page and press “Create a bot.”

Choose an exchange and a trading pair: Begin by choosing the exchange and trading pair. Press on the “Exchange” field and opt for a futures account of an exchange. Afterward, move on to the “Pair” and pick your trading pair.

Select Your Strategy: Choose between the Long and Short strategies for your DCA Futures Bot. The Long strategy involves buying when the price rises, while the Short strategy involves selling when the price falls.

Configure Your Bot: Set the investment amount. It represents your investment, excluding the leverage that will be allocated for trades from your available balance. The “Available” window displays the amount of USDT available for starting the bot.

Adjust Leverage and Margin Mode: One of the key advantages of futures trading is the ability to use leverage.

Leverage allows traders to control larger positions with a smaller amount of capital. Determine the leverage (1x to 10x) based on your risk tolerance. Higher leverage increases potential profits but also amplifies risks.

Choose between Cross and Isolated margin modes, considering their implications on liquidation risk and position management.

In Cross margin mode, the position is supported by the entire balance (excluding isolated margin positions). This method allows for the sharing of margin balances across various positions, potentially safeguarding against early liquidation. However, if liquidation occurs, there is a risk of losing the entire margin balance, including all remaining positions.

The Isolated margin mode only takes into account the isolated margin balance, which is initially equivalent to the position volume without leverage. If a position is liquidated in Isolated mode, only the isolated margin balance is exposed to potential loss. It’s important to note that the Isolated mode carries a higher risk of liquidation and is better suited for positions with a more speculative nature.

Customize bot settings: if you want to adjust a bot to your needs fully, press “Customize parameters” to modify the advanced settings of a bot, such as:

  • The size and the type (market/limit) of the initial order
  • Order amount and quantity of safety orders
  • Amount Multiplier
  • Step Multiplier
  • (Trailing) Take Profit
  • (Trailing) Stop Loss
  • Risk management tools

Use the “Customize DCA bot parameters” article for a step-by-step guide to adjusting these settings.

Track the results: When creating a robot, you can use the panel to see your strategy on the chart and table. To see the table or a chart, press on a bar chart icon and switch between the needed formats.

By following these steps, you can unleash the power of automated futures trading with the Sema DCA Futures Bot. Remember to continually monitor and adjust your strategy based on market conditions, and always trade responsibly.