Create your first bot from a starter signal (part 3 of 5)

Welcome to part three. Jordan's account is set up and a paper broker is connected. Now it is time for the fun part, Jordan's first bot. First, how RelayDesk works. A signal says when to enter. Your bot applies your sizing and risk rules, places the order at your broker, and then manages the exits for you. RelayDesk executes your strategy. It does not pick trades for you. No strategy yet? No problem. RelayDesk prepares starter bots you can run in paper right away. Based on your answers, one is already selected for you. For an options trader exploring signals, that is SPY Momentum. Each card shows the strategy, the symbol it trades, and that it runs in paper. Click any other card to switch. You set the limits for whichever bot you choose in the next step. Already have a strategy with its own alerts? Choose the bot builder instead. You finish setup and land in the full builder. Jordan keeps SPY Momentum and continues. That is part three. In part four, Jordan sets the limits that protect the account. See you there.