GUIDES

How-To Guides

Step-by-step tutorials to help you master Kerosyne.

How to Create Your First Strategy

COMING Q2 2026

⚡ Coming Soon

Automated strategies are launching in Q2 2026. This guide shows what's coming. Manual trading is available now.

Automated strategies will let Kerosyne trade for you based on predefined rules. Here's how it will work.

1

Navigate to Strategies

From your dashboard, go to Settings → Strategies.

💡 This will be a dedicated tab for managing all your strategies

2

Click "New Strategy"

Choose from three strategy types:

  • Grid Trading: Buy low, sell high in a range
  • DCA (Dollar-Cost Averaging): Buy at regular intervals
  • Custom: Define your own entry/exit rules
3

Configure Parameters

Set your strategy parameters:

Exchange:Binance
Symbol:BTC/USDT
Position Size:$500
Stop Loss:2%
Take Profit:5%
4

Review Risk Limits

Cerberus will validate your strategy against your risk envelope. Make sure:

  • Position size is within your max limit
  • Total exposure won't exceed your cap
  • Daily loss limit has room
5

Deploy & Monitor

Click Deploy Strategy. Your strategy will start executing automatically.

Monitor performance from the Strategies page. You can pause or stop anytime.

Start Small

Test your first strategy with a small position size. Once you're comfortable with how it works, you can scale up.

How to Size Positions Safely

Position sizing is the most important risk management tool. Here's how to do it right.

1

Know Your Account Size

Check your total capital in the dashboard. This is your starting point.

Total Capital:$10,000
2

Use the 1-2% Rule

Never risk more than 1-2% of your capital on a single trade.

Account:$10,000
Risk per trade (1%):$100
Risk per trade (2%):$200
3

Calculate Position Size

Use your stop loss distance to determine position size:

Entry: $45,000
Stop Loss: $44,000
Risk per unit: $1,000
Max risk: $100 (1% of $10k)
Position size: 0.1 BTC ($4,500)
4

Let Cerberus Validate

When you enter a trade, Cerberus automatically checks if your position size is safe. If it's too large, the trade will be rejected.

Pro Tip

Conservative traders use 0.5-1%. Aggressive traders use 2%. Never go above 2% per trade.

How to Use Manual Trading

Manual trading gives you full control while still benefiting from risk validation.

1

Open the Trade Panel

Click Manual Trade from the dashboard or press M.

2

Select Exchange & Symbol

Choose which exchange and trading pair you want to trade.

Exchange:Binance ▼
Symbol:BTC/USDT ▼
3

Set Entry, Stop, Target

Define your trade parameters:

Side:
Entry Price:$45,000
Stop Loss:$44,000
Take Profit:$48,000
Quantity:0.1 BTC
Risk/Reward:1:3
4

Review Validation

Cerberus will show validation status:

Position size: OK
Exposure limit: OK
Daily loss: OK
5

Execute Trade

Click Place Trade. Your position will appear in the dashboard immediately.

How to Read the Dashboard

Your dashboard shows everything you need to monitor your trading activity.

Top Bar: Account Overview

Total Balance:$10,250
Today's P&L:+$250 (+2.5%)
Active Positions:3

Risk Gauge

Shows your current risk utilization:

Exposure18% / 30%
Daily Loss-$50 / -$500

🟢 Green = Safe | 🟡 Yellow = Caution | 🔴 Red = Limit reached

Active Positions Table

Each row shows:

  • Symbol: Trading pair (e.g., BTC/USDT)
  • Side: Long or Short
  • Entry: Your entry price
  • Current: Current market price
  • P&L: Unrealized profit/loss
  • Actions: Close or modify position

How to Interpret Risk Validation Messages

Cerberus validates every trade. Here's what each message means and how to fix it.

All Checks Passed

Your trade is within all risk limits. You're good to go.

Position Size Exceeds Limit

What it means: Your position is too large for your account.

How to fix: Reduce your quantity or adjust your stop loss to risk less per unit.

❌ Position: $5,000 (Max: $3,000)
✓ Reduce to: $2,500

Exposure Limit Reached

What it means: You have too much capital at risk across all positions.

How to fix: Close an existing position or wait for one to hit its target/stop.

❌ Total Exposure: 32% (Max: 30%)
Close 1 position to free up 10%

Daily Loss Limit Reached

What it means: You've hit your maximum allowed loss for today.

How to fix: Wait until tomorrow. This limit resets at midnight UTC.

❌ Daily Loss: -$500 / -$500
Trading paused until reset

Remember

Cerberus is protecting you. If a trade is rejected, it's because it would put your account at risk.

How to Use Notifications & Live Activities

Stay informed about your trades with real-time notifications.

1

Enable Notifications

Go to Settings → Notifications

Enable push notifications for your device. You'll be asked to grant permission.

2

Choose What to Track

Select which events you want to be notified about:

  • Position opened
  • Stop loss hit
  • Take profit hit
  • Strategy started/stopped
  • Risk limit warnings
3

Live Activities (iOS)

On iPhone, enable Live Activities to see position updates on your lock screen.

Live Activity shows:

  • • Current P&L
  • • Distance to stop/target
  • • Real-time price updates
4

Manage Notification Frequency

Choose between All Updates, Important Only, or Critical Only to avoid notification fatigue.

How to Connect Multiple Exchanges

Trade across multiple exchanges from one dashboard. Available on Pro and Pro+ plans.

1

Go to Exchange Settings

Navigate to Settings → Exchanges

2

Add New Exchange

Click + Add Exchange and select from:

  • Binance
  • Coinbase Pro
  • Kraken
  • Bybit
3

Generate API Keys

On the exchange's website:

  • Create a new API key
  • Enable Read and Trade permissions
  • Never enable withdrawal permissions
4

Enter Keys in Kerosyne

Paste your API key and secret. Click Test Connection to verify.

Connection successful
5

Set Risk Limits Per Exchange

You can set different risk limits for each exchange. This lets you be more conservative on one exchange and more aggressive on another.

Security Note

Your API keys are encrypted and stored securely. Kerosyne never has access to withdraw funds from your exchange accounts.

Ready to start trading?

Put these guides into practice. Start with Starter for $9.99/mo.