Joining a Trading Community
Discover how to find, evaluate, and join the right Autowealth trading community for your goals. This guide covers everything from initial research to your first automated trade.
🎯 What You Need to Know
Before You Start
- •Understand that automated trading involves significant risk
- •Have experience with futures trading and risk management
- •Prepared to pay commissions only on profitable trades
- •Ready to provide API access to your exchange account
- •Minimum account balance for effective position sizing
What You'll Get
Step 3: Application & Approval Process
📋 Application Requirements
Basic Information
- • Full name and contact information
- • Telegram username for bot access
- • Trading experience level and background
- • Preferred exchange platforms
- • Planned account size for trading
Financial Verification
- • Proof of exchange account ownership
- • Verification of minimum account balance
- • Understanding of risk management principles
- • Acknowledgment of potential losses
Technical Setup
- • Verified Telegram account
- • Active exchange account with futures enabled
- • Basic understanding of API key management
- • Stable internet connection for notifications
💡 Pro Tip
Be honest about your experience level. Good communities will provide appropriate guidance and may adjust risk parameters based on your background.
⏱️ Approval Timeline
Application Submission
Complete application form and provide required documentation
Timeline: Same dayInitial Review
Admin reviews application and verifies requirements
Timeline: 1-2 business daysTechnical Verification
Exchange account verification and API setup guidance
Timeline: 1-3 business daysFinal Approval
Bot access granted and onboarding process begins
Timeline: Same day✅ Approval Factors
- • Sufficient account balance for position sizing
- • Demonstrated understanding of trading risks
- • Clear communication and responsiveness
- • Realistic expectations about performance
Step 4: Onboarding & Setup
🤖 Phase 1: Telegram Bot Access
Initial Bot Setup
- 1.Receive bot invitation link from admin
- 2.Start conversation with bot using /start command
- 3.Complete identity verification process
- 4.Agree to terms and conditions
- 5.Receive welcome message and initial instructions
Essential Commands
/helpView all available commands/statusCheck connection and trading status/balanceView current account balance/connectBegin exchange connection process🔗 Phase 2: Exchange Connection
API Key Creation
- • Log into your exchange account
- • Navigate to API management section
- • Create new API key with specific permissions
- • Save API key and secret securely
Required Permissions
Bot Integration
- • Use /connect command in bot
- • Provide API credentials securely
- • Wait for connection verification
- • Confirm successful account linking
⚙️ Phase 3: Trading Configuration
Default Settings
Customization Options
- • Adjust position size based on risk tolerance
- • Request conservative or aggressive settings
- • Enable/disable specific trading strategies
- • Set custom trading hours preferences
Step 5: Your First Week
📊 Monitoring & Learning
Daily Activities
- •Check bot notifications for trading updates
- •Review performance dashboard regularly
- •Monitor account balance and position sizes
- •Stay informed about market conditions
Learning Resources
- •Study community risk management guidelines
- •Understand the trading strategies being used
- •Ask questions in community support channels
- •Review educational materials provided
📚 Key Concepts to Master
- • How commission invoices are calculated
- • Understanding your performance metrics
- • Risk management and position sizing
- • When and how to contact support
🚨 Common First Week Issues
API Connection Problems
Bot shows "disconnected" or trades aren't executing
Solution: Check API permissions and contact support with error messages
Notification Overload
Too many bot messages and updates
Solution: Customize notification settings using bot commands
First Loss Anxiety
Emotional reaction to first losing trade
Solution: Remember that losses are normal. Focus on long-term performance
Payment Confusion
Unclear about when and how to pay commissions
Solution: Review payment guide and ask admin for clarification
💡 Pro Tips
- • Don't panic during your first losing streak
- • Keep detailed records of all trades and payments
- • Join community discussions and learn from others
- • Start with smaller position sizes until comfortable
Best Practices for New Members
🎯 Getting Started Right
- •Start with the minimum recommended account size
- •Understand all costs before beginning
- •Test with paper trading if available
- •Ask questions early and often
💰 Financial Management
- •Never invest more than you can afford to lose
- •Keep funds ready for commission payments
- •Track all transactions for tax purposes
- •Review performance regularly, not daily
🔒 Security & Safety
- •Never share API keys with anyone else
- •Keep withdrawal permissions disabled
- •Use strong, unique passwords
- •Enable 2FA on all accounts
Ready to Start Your Trading Journey?
Success Tip: Take your time during onboarding and don't hesitate to ask questions. A good community admin will be patient and helpful as you get started.