Guide to Monitoring Profits and Losses in Smart Trades Strategies
Step 1: Accessing the Smart Trade Section
- Launch the app.
- Tap on the Smart Trade section at the bottom right of the screen.
- Or scroll to the middle of the app's main page (Home) and tap on the "Automated Trading" banner.
Step 2: Viewing Active Strategies
- In the new screen, select the "Active" tab to access the list of your Smart Trades strategies that are currently running.
- Scroll through the list to find the specific strategy whose results you wish to monitor.
- Once found, tap on the chosen strategy to access its details.
Step 3: Analysing Profit and Loss (P&L)
- Look for the P&L (Profit and Loss) entry on the strategy's detail page.
- Here, you can review information on your strategy's performance:
- Growth Percentage: shows how much your initial capital has increased in percentage terms.
- Earned amount (green) indicates the profit generated by the strategy.
- Decrease Percentage shows how much your initial capital has decreased in percentage terms.
- Lost amount (red): indicates the loss generated by the strategy.
PLEASE NOTE
How to read the Profit and Loss correctly
The Profit and Loss of an active Smart Trade shows the sum of profits and losses that have been actually realised and those that have not yet.
- Realised profit occurs when the Smart Trade has closed the position and your capital has been converted into USDT.
- Unrealised profit occurs when part or all of your capital is still allocated in the cryptocurrency tied to your strategy, such as BTC.
If you decide to close the Smart Trade, the funds will be transferred to your Main Wallet. Depending on your market exposure at the time of closure, the amount may be credited:
- in USDT
- in the specific cryptocurrency of your Smart Trade
- in both cryptocurrencies.
In the latter case, you will see two separate credit operations. You can view these in the Wallet section by scrolling down to the “Transactions” summary.
We are developing an integration that will allow our users to convert funds allocated in the Smart Trade into Euros when closing the strategy.
Step 4: Adding Capital to the Strategy
- If you wish to increase the amount allocated to the strategy, tap the "Add Funds" button on the exact details page.
- Follow the instructions provided to complete the addition of capital to your Smart Trades strategy.