WEBVTT 00:00:01.300 --> 00:00:04.850 The word automatic can sound like an invitation to stop paying attention. 00:00:04.850 --> 00:00:08.400 In TraderLobby, it means something more specific. A strategy can watch information, 00:00:08.400 --> 00:00:11.950 check its rules, and request actions without you pressing Buy or Sell 00:00:11.950 --> 00:00:15.500 for every individual decision. You choose what is allowed to run. You 00:00:15.500 --> 00:00:19.050 still need to understand the account, the limits, and the results. The 00:00:19.050 --> 00:00:22.600 robot can handle repeated steps. It cannot take responsibility for your choices. 00:00:23.100 --> 00:00:26.250 Think of this as assigning a defined job. You are not asking 00:00:26.250 --> 00:00:29.400 the app to do whatever it thinks will make money. You are 00:00:29.400 --> 00:00:32.550 allowing a particular strategy to work within its available settings and permissions. 00:00:32.550 --> 00:00:35.700 Different strategies can have different purposes. A description of that purpose helps 00:00:35.700 --> 00:00:38.850 you understand the job, but it does not promise that the job 00:00:38.850 --> 00:00:42.000 will produce a profit. Automatic describes how an action starts, not how 00:00:42.000 --> 00:00:43.050 well it will end. 00:00:43.550 --> 00:00:47.146 Separate four questions before you look at any results. Do I have 00:00:47.146 --> 00:00:50.741 access to this strategy? Is it enabled? Which account and mode does 00:00:50.741 --> 00:00:54.337 it belong to? What funds or limits can it use? Access might 00:00:54.337 --> 00:00:57.932 come from a subscription or another available entitlement. Access alone does not 00:00:57.932 --> 00:01:01.528 mean the strategy is running. An enabled strategy also does not mean 00:01:01.528 --> 00:01:03.925 that every possible order has permission to proceed. 00:01:04.425 --> 00:01:07.984 Paper and Live answer a different question. Paper is the practice context. 00:01:07.984 --> 00:01:11.543 Live can involve actual exchange orders and real funds. Manual and automated 00:01:11.543 --> 00:01:15.102 describe how an individual action is chosen. These are separate ideas. A 00:01:15.102 --> 00:01:18.661 manual trade does not turn off all your strategies, and an automated 00:01:18.661 --> 00:01:22.220 strategy does not turn a Paper account into a Live account. Read 00:01:22.220 --> 00:01:25.778 the actual labels instead of treating one word as the answer to 00:01:25.778 --> 00:01:26.075 everything. 00:01:26.575 --> 00:01:30.021 There is another important distinction in this app: changing the workspace you 00:01:30.021 --> 00:01:33.467 are viewing is not the same as stopping background activity. Enabled Live 00:01:33.467 --> 00:01:36.913 strategies and their position watchers can continue while you look at Paper. 00:01:36.913 --> 00:01:40.359 TraderLobby can show a notice explaining this. If your intention is to 00:01:40.359 --> 00:01:43.805 stop something, use the appropriate controls in the correct context and verify 00:01:43.805 --> 00:01:47.251 their state. Simply leaving a screen does not establish that the work 00:01:47.251 --> 00:01:47.825 has stopped. 00:01:48.325 --> 00:01:52.180 Open Strategies and identify the strategy and context you are reviewing. Then 00:01:52.180 --> 00:01:56.035 locate the relevant trading status and allocation information available to your account. 00:01:56.035 --> 00:01:59.891 Some controls depend on your role and permissions. A demonstration account may 00:01:59.891 --> 00:02:03.746 show controls that you do not have. Read Running, Paused, or any 00:02:03.746 --> 00:02:07.601 warning as a statement about that control's scope, not as proof that 00:02:07.601 --> 00:02:09.850 every strategy and every connection is healthy. 00:02:10.350 --> 00:02:13.814 For this lesson, keep your practice context unchanged. You do not need 00:02:13.814 --> 00:02:17.277 to enable anything. Explain one example aloud: I have access to this 00:02:17.277 --> 00:02:20.741 strategy, but I still need to verify whether it is enabled, where 00:02:20.741 --> 00:02:24.205 it would run, and what it may use. If those answers are 00:02:24.205 --> 00:02:27.668 unclear, you have found the next thing to investigate. You have not 00:02:27.668 --> 00:02:29.400 found a reason to click faster.