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💰 Add Funds in SmartTrade

Increase your SmartTrade position by adding funds manually. Adjust entry price, manage risk, and optimize your trade strategy effectively.

Updated over 2 weeks ago

The Add Funds feature lets you manually increase trade volume and adjust the average entry price at any time. This can be a powerful tool when used strategically, but be cautious, as improper use may lead to greater losses.

🔹 When Should You Use Add Funds?

Averaging Down: If the price moves against your trade, you can add funds to bring the Take Profit target closer to the current price.

Increasing Trade Volume: If the price starts moving favorably, adding funds allows you to scale up your position and potentially close with a higher profit.

Manual Position Management: Instead of relying solely on automation, you gain more control over position size and risk management.

📌 Important Warning

While adding funds can be useful, blindly adding without a clear strategy or market analysis can worsen losses instead of mitigating them. Use it carefully!


📌 How to Add Funds to a SmartTrade

You can add funds to both:

  • Created Trades: If the initial order has not yet been executed.

  • Opened Trades: If the initial order has already executed, additional funds will act like a DCA bot's Safety Orders.

1️⃣ Access the Add Funds Feature

Click the three-dot menu on your active SmartTrade and select "Add Funds".

2️⃣ Configure the Add Funds Order

You'll see a settings window with the following options:

1️⃣ Amount to Add – Enter the amount of QUOTE currency (e.g., USDT) you want to add. You can:

  • Type in a custom amount.

  • Move the slider to adjust.

  • Use a percentage of available funds.

2️⃣ Available Balance – Shows the funds available for adding to the trade.

3️⃣ Order Type – Choose:

  • Market Order (Executes immediately at the current price).

  • Limit Order (Executes only when the price reaches a set level).

4️⃣ Price Setting – (Only for Limit Orders) Set the price level where the Add Funds order should execute.

5️⃣ Total Quote Currency – Displays how much QUOTE currency (e.g., USDT) will be spent.

6️⃣ Total Base Currency – Shows how much BASE currency (e.g., BTC, ETH) will be purchased.

3️⃣ Confirm and Save

Click "Save" to activate the Add Funds order.


🔄 Managing Active Add Funds Orders

📌 To view active Add Funds orders:

  • Expand the trade details by clicking the down arrow next to the trade.

🔹 Executed Add Funds Orders

  • These orders immediately adjust the entry price and cannot be canceled or edited.

🔹 Pending Add Funds Orders (Limit Orders)

  • These do not affect the entry price until executed.

  • You can edit or cancel them before they are filled.

🛠 Editing a Pending Add Funds Order

1️⃣ Click "Edit" on a pending order.

2️⃣ Modify any settings (amount, price, etc.).

3️⃣ Click "Save" to apply changes.


🔍 Key Takeaways

Add Funds helps adjust position size and entry price dynamically.

Use it strategically—blindly adding funds to a losing trade may increase risk.

Executed orders can’t be canceled, but pending orders can be adjusted.

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