> ## Documentation Index
> Fetch the complete documentation index at: https://docs.liquid.trade/llms.txt
> Use this file to discover all available pages before exploring further.

# Auto Trade

> Let Co-Invest Agents routines place orders within a per-order limit, a total limit, and an end date you set.

Auto Trade lets trading [routines](https://docs.liquid.trade/co-invest/agents-routines.md) place orders for you, inside limits you set. It is off until you turn it on.

> [!WARNING]
>
> **The assistant is in alpha phase.**
>
> The assistant has access to your position data, historical data for certain assets, Liquid global TP/SL, liquidation positioning, and external news sources. Always confirm the sources before making trading decisions. The assistant is not responsible for any loss of equity.

## Turn on Auto Trade

**1. Open Auto Trade**

In **Manage Co-Invest Agents**, open **Auto Trade**.

**2. Set your limits**

Set a per-order limit, a total limit, and an end date up to 90 days away.

**3. Turn it on**

Choose **Turn on Auto Trade**. Trading routines can now place orders within those limits.

You can change the limits or turn Auto Trade off anytime. You can also set your limits in chat.

The form starts at \$100 per order, \$1,000 in total, and 30 days. The total must be at least the per-order limit.

## What the limits do

| Limit | What it controls |
| - | - |
| Per order | The most a routine can place in one go. This is notional value: the full order size including leverage, not the margin. Orders a routine sends together count as one amount |
| Total | The most routines can place in total, counted the same way |
| End date | When Auto Trade stops, up to 90 days away |

Only orders that open or add to a position count toward the limits. Closing a position, setting or changing a take-profit or stop-loss, cancelling an order, and selling a prediction position do not use them, so a routine can close a position larger than your per-order limit.

Routines place orders only inside these limits. When the total limit is reached or the end date passes, routines stop placing orders. Renew Auto Trade so they can place orders again.

> [!WARNING]
>
> In Live mode, orders placed by routines are real. Start with limits you are comfortable with.

## Auto Trade status

| Status | What it means | What to do |
| - | - | - |
| Off | Routines can't place orders | Choose **Turn on Auto Trade** |
| On | Routines place orders within your limits | Choose **Adjust** to change limits, or **Turn off** |
| Expired | The end date has passed | Choose **Renew** |
| Limit reached | The total limit is used up | Raise the total, or choose **Reset used amount** |
| Order above the limit | A routine tried an order larger than your per-order limit | Raise the per-order limit if you want orders of that size |

Trading routines pause when Auto Trade is off or expired, or when an order would take them past the total limit. They can resume when you save limits that allow their orders. An order above the per-order limit is not placed, but the routine stays active for its later runs.

## An example

You set \$100 per order, \$1,000 in total, and 30 days.

* A routine can place an order of up to \$100 notional. Two \$60 orders sent together count as \$120 and are not placed.
* A routine can still close a \$500 position. Closing does not count toward either limit.
* After \$1,000 of orders in total, routines stop placing orders until you raise the total or reset the used amount.
* After 30 days, Auto Trade expires and routines stop placing orders until you renew it.

## Paper mode

Auto Trade limits apply to **Live** mode, where routines place real orders. In **Paper** mode, routines trade a simulated account. Paper routines run without these limits and do not count toward the total limit.

Use Paper mode to watch how a routine behaves before it trades live.

## Orders in chat

Auto Trade covers orders placed by routines. In chat, the agent places an order when you ask it to.


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