Introduction
Beast Mode enables advanced traders to operate without the usual safety restrictions in place. Unlike Hedge Mode, which is designed for risk management, Beast Mode allows you to disable specific safety checks in the system, enabling multiple trades on the same Futures contract without constraints. This feature should only be used by traders who fully understand its risks, as it disables essential safety systems within 3Commas.
What is Beast Mode?
First of all, please don't mix up with Hedge mode!
Beast Mode was designed for traders who require additional flexibility for their strategies. It enables the creation of multiple trades on the same Futures contract using various tools, such as Bots, Grid Bots, or SmartTrades, without limiting safety checks.
⚠️ Important Warning
Beast Mode should be enabled only by advanced users who understand its risks. This feature disables several safety functions in 3Commas, increasing exposure to potential losses.
What Does Beast Mode Do?
With Beast Mode enabled, you can open multiple trades (not positions) with the same contract. However, it’s important to understand the difference:
Multiple Deals: Allows several trades using the same contract and trading tools.
Single Position: Futures exchanges (like Bybit or Binance Futures) do not allow multiple independent positions on the same asset.
Beast Mode does not allow you to open two separate positions in the same direction on the same Futures contract due to exchange limitations. However, it does allow multiple trades on the same instrument, which can lead to complex scenarios in your trading strategy.
How Does Beast Mode Impact Trading?
Beast Mode disables multiple safety features, including:
"Open Position" Check: Without this check, the system won’t recognize if a position is open, closed, or liquidated on the exchange.
"Reduce Only" Orders: Disables reduce-only orders, meaning the system won’t prevent an existing position from being altered by a new trade in the opposite direction.
This mode will apply to all trades on any connected Futures exchange account, increasing the overall risk of using the feature.
Practical Applications of Beast Mode
1. Adding to or Partially Closing Positions
Beast Mode allows you to add additional trades to an existing position or partially close it without closing the primary bot deal.
2. Implementing a "Flip" Strategy
A "Flip" strategy enables you to quickly switch directions by placing an opposing trade. For example, if you’re in a long position and want to switch to a short position, you can use Beast Mode to open a short trade with double the order size, effectively flipping your position.
Steps to Implement a "Flip" Strategy:
Create two bots on the Futures chart you want to trade—one for Long and one for Short.
Set the base order size for each bot (e.g., $100 for Long and $200 for Short).
When ready to flip the position:
Start the opposite trade with the second bot (e.g., open a short position with the Short bot).
Cancel the active trade on the first bot to complete the flip.
Advantages: You can open and close positions with limit orders, potentially avoiding fees.
Disadvantages: Errors can leave you with an unmanaged open position, increasing the risk of liquidation.
How to Enable Beast Mode in 3Commas
Go to the Settings page in your 3Commas account (web interface only).
Locate the option for Beast Mode and toggle it on.
⚠️ Note: You must close all open orders and positions before enabling Beast Mode, or you will encounter an error.
Key Risks and Considerations
Position Tracking and Reporting Limitations:
With Beast Mode enabled, 3Commas cannot accurately track your positions. You’ll need to manually monitor your trades and manage any open positions via the exchange’s interface.
Lack of Accurate Statistics:
Bot and trade statistics will not reflect Beast Mode’s activity accurately. You may need to monitor your account growth manually on the My Portfolio page.
Increased Liquidation Risk:
Without safety checks, you may accidentally create scenarios that lead to liquidation, especially if positions are not closely managed. Always have a strict strategy and monitor trades frequently.
Complexity in NET Positions:
Example: If a Long bot opens a trade for 1,000 contracts and a Short bot subsequently sells 800 contracts, you’ll still have a net long position of 200 contracts on the exchange. This won’t be reflected in 3Commas statistics, so manage such positions directly through the exchange.
Pro Tip
Enable Telegram bot notifications for alerts on position changes, errors, or other updates to maintain oversight.
When Should You Use Beast Mode?
Beast Mode is suitable for traders who have created custom strategies, typically via TradingView or other third-party integrations, that require this level of flexibility. This feature is not recommended for casual users or those unfamiliar with high-risk strategies.
Final Summary
Beast Mode is a powerful but high-risk feature that disables essential safety features within 3Commas, enabling multiple trades on the same contract. While it provides flexibility for advanced strategies, it also requires thorough understanding, manual oversight, and risk management. Only enable Beast Mode if you have a specific strategy that demands it and you are prepared to closely monitor your trades.