Introduction

Welcome to Kaigo! We're excited to have you on board and help you take your trading game to the next level. This quick start guide is designed to walk you through the process of using Kaigo, from receiving trade signals to executing and managing trades. Our goal is to make trading as straightforward and enjoyable as possible while showing you the benefits of using our system. So, let's dive in!

Step 1: Wait for Admin-Approved Signals in Slack

As a new member, you'll have access to our private Slack channel. Stay tuned to the #admin-approved-signals channel, where our dedicated traders will feature specially curated algorithmic trade ideas, complete with an in-depth breakdown of the trade's technicals and its relevance in the wider market.

Step 2: Review the Trade Signal

Once a signal comes through, take a moment to review its details. Not sure how to analyze a Kaigo trade signal? No worries! Check out this blog post that explains everything you need to know about interpreting and making the most of our signals.

Step 3: Decide on Your Course of Action

After reviewing the signal, it's time to decide on your next move. Consider your preferences and risk tolerance as you choose from the following options:

Risk-free options:

1. Follow Trade: Simply observe the trade and learn from the process without committing your own funds.

2. Paper Trade: Practice your trading skills by simulating the trade using a platform like TD Ameritrade.

Take a real position:

1. Equity Position: Buy or sell the underlying stock to capitalize on the opportunity.

2. Debit Spread (options): Execute an options trade with defined risk for more control over potential losses.

3. Naked (option): Sell options without owning the underlying asset (note: this option carries higher risk).

Step 4: Determine Position Size Using the Trade Calculator

Now it's time to use Kaigo's handy trade calculator to figure out the perfect position size based on your account size and risk tolerance. Proper position sizing is essential for managing risk and promoting long-term success in trading. Let our calculator do the heavy lifting for you!

Once you've decided on your course of action, set up the trade according to the type you've chosen:

• For equity trades, use One-Cancels-the-Other (OCO) orders to manage both entry and exit points.

• For options trades, you'll need to wait for an exit signal from Kaigo. Before submitting your order, double-check everything to ensure accuracy. We want your trades to go off without a hitch!

Step 5: Monitor the Trade and Wait for Exit Notification

Keep an eye on your open trades and be ready to act when Kaigo sends an exit notification. Promptly closing your positions once the exit signal is received helps you lock in profits and minimize losses.

Conclusion

And there you have it – a step-by-step guide to using Kaigo like a pro! As you become more familiar with our platform and tools, you'll see the benefits of our data-driven approach to trading. Remember, consistency and discipline are key to success in the markets, and we're here to support you every step of the way. Happy trading!