Monitoring Live Bots

Live trading introduces operational risk. Monitoring helps you detect problems before they impact performance.

Core metrics to track

• Execution latency and queue times
• Slippage vs. expected fills
• Open exposure by asset and strategy
• Error rate and API retries

Alerts that matter

Trigger alerts for unusual drawdown, consecutive losses, or order failures. Use channels your team sees fast.

Daily health checks

Review PnL distribution, average trade duration, and position sizes. Small anomalies signal bigger issues.

Audit trail

Keep a log of strategy changes and configuration updates. This simplifies incident analysis.
Monitoring is an ongoing process. Treat it as part of your trading edge.