Trading Guide

Master the art of trading on Monad testnet with Mobots. This guide covers everything from basic buys to advanced selling strategies.

💰 Buying Tokens

The Basics

Buying tokens on Mobots is incredibly simple—just 3 taps and you're done.

What you need:

✅ Active wallet in the bot
✅ Some testnet ETH in your balance
✅ Token contract address you want to buy

Step-by-Step Buy Process

1. Initiate the Buy

Send /buy or tap the 💰 Buy button from the main menu.

2. Enter Token Address

Send the token contract address. Example:

0xE05900DD8A431bc25a48629bBFfE0704B90974b6

3. Choose Amount

You'll see preset options or can enter custom amount:

0.001 ETH

Micro test

0.01 ETH

Small buy

0.1 ETH

Medium buy

1 ETH

Large buy

Custom

Your amount

4. Wait for Confirmation

The bot executes your trade and shows:

✅ Tokens received
💰 Amount and symbol
⛽ Gas fees paid
🔗 Transaction link

Example Buy Trade

You: /buy

Bot: 📥 Send the token contract address you want to buy

You: 0xE05900DD8A431bc25a48629bBFfE0704B90974b6

Bot: 💰 How much ETH do you want to spend?
     [0.001] [0.01] [0.1] [1] [Custom]

You: [taps 0.01]

Bot: ⏳ Buying 0.01 ETH worth of tokens...

     ✅ Trade Successful!

     Received: 1.523 CHOG
     Spent: 0.01 ETH
     Gas: 0.0003 ETH

     🔗 View Transaction

Buy Tips & Tricks

💡 Pro Tips

Start small - Use 0.001 ETH for first-time token testing
Verify addresses - Always check the token contract is correct
Watch gas fees - Small buys may have proportionally higher gas
Custom amounts - Type any amount like 0.05 or 0.25
Check balance first - Use /balance to see available ETH

💸 Selling Tokens

The Basics

Selling is just as easy as buying, with powerful percentage-based options.

What you need:

✅ Tokens in your wallet
✅ Token contract address
✅ Decide how much to sell (amount or percentage)

Step-by-Step Sell Process

1. Initiate the Sell

Send /sell or tap the 💸 Sell button.

2. Enter Token Address

Send the token contract address you want to sell.

3. Bot Shows Your Balance

You have 1000 CHOG
How much do you want to sell?

4. Choose Sell Amount

You have two options:

Option A: Percentage

Type 25% to sell a quarter
Type 50% to sell half
Type 75% to sell three-quarters
Type 100% to sell everything

Option B: Exact Amount

Type 500 to sell 500 tokens
Type 1000 to sell all (if you have 1000)

5. Auto-Approval (First Time Only)

If this is your first time selling this token:

⏳ Approving router to spend CHOG...
✅ Approved! Now executing sell...

6. Get Confirmation

✅ Sell Successful!

Sold: 500 CHOG (50%)
Received: 0.0075 ETH
Gas: 0.0003 ETH
Net: 0.0072 ETH

🔗 View Transaction

Example Sell Trades

Percentage Sell (Recommended)

You: /sell

Bot: 📤 Send the token address you want to sell

You: 0xE05900DD8A431bc25a48629bBFfE0704B90974b6

Bot: 💎 You have 1000 CHOG
     How much do you want to sell? (amount or %)

You: 50%

Bot: ⏳ Selling 500 CHOG (50% of your balance)...

     ✅ Sell Successful!

     Sold: 500 CHOG
     Received: 0.0075 ETH
     Gas: 0.0003 ETH
     Net: 0.0072 ETH

     🔗 View Transaction

Exact Amount Sell

You: /sell

Bot: 📤 Send the token address you want to sell

You: 0xE05900DD8A431bc25a48629bBFfE0704B90974b6

Bot: 💎 You have 1000 CHOG
     How much do you want to sell? (amount or %)

You: 300

Bot: ⏳ Selling 300 CHOG...

     ✅ Sell Successful!

     Sold: 300 CHOG
     Received: 0.0045 ETH
     Gas: 0.0003 ETH
     Net: 0.0042 ETH

     🔗 View Transaction

Understanding Approvals

When you sell a token for the first time, you need to approve the router to spend it. This is a standard blockchain security measure.

What happens:

First sell - Bot automatically handles approval + sell (2 transactions)
Future sells - No approval needed, just sell (1 transaction)

Why it's needed:

🔒 Security - Router can't touch your tokens without permission
✅ One-time setup - Only needed once per token
🤖 Automatic - Bot handles everything

💡 Note: Approval transactions also cost gas. Your first sell of a token will have 2 gas fees (approve + sell), but all future sells only pay 1 gas fee.

Sell Tips & Strategies

📊 Take Profits Gradually

Use percentages to sell portions:

Sell 25% when 2x profit
Sell 50% when 5x profit
Keep 25% for moon shots

🎯 Quick Exits

Use 100% to sell everything instantly:

Fast exit on bad news
Take all profits at target
Clear out small positions

💰 Test First

Start with small amounts:

Sell 1% to test liquidity
Check received ETH amount
Verify price is correct

📤 Transferring Funds

Sending ETH

Transfer testnet ETH to any address.

Step-by-step:

You: /transfer

Bot: What do you want to transfer?
     [💰 ETH] [🪙 Token]

You: [taps ETH]

Bot: 📬 Enter the recipient address

You: 0x742d35Cc6634C0532925a3b844Bc9e7595f0bEb6

Bot: 💵 How much ETH do you want to send?
     (Type amount or "max")

You: 0.05

Bot: ⏳ Sending 0.05 ETH...

     ✅ Transfer Successful!

     Sent: 0.05 ETH
     To: 0x742d35...bEb6
     Gas: 0.00021 ETH

     🔗 View Transaction

Using "max":

You: max

Bot: ⏳ Sending 0.0978 ETH (maximum after gas)...

Sending Tokens

Transfer tokens to friends or other wallets.

Step-by-step:

You: /transfer

Bot: What do you want to transfer?
     [💰 ETH] [🪙 Token]

You: [taps Token]

Bot: 📬 Enter the token contract address

You: 0xE05900DD8A431bc25a48629bBFfE0704B90974b6

Bot: 💎 You have 1000 CHOG
     📬 Enter recipient address

You: 0x742d35Cc6634C0532925a3b844Bc9e7595f0bEb6

Bot: 💵 How much CHOG to send?
     (Type amount or "max")

You: 500

Bot: ⏳ Sending 500 CHOG...

     ✅ Transfer Successful!

     Sent: 500 CHOG
     To: 0x742d35...bEb6
     Gas: 0.00018 ETH

     🔗 View Transaction

📊 Advanced Trading Strategies

Strategy 1: Scaling In

Goal: Build position gradually to average entry price

1. Buy 0.001 ETH worth (initial test)
2. If price stable, buy 0.01 ETH worth
3. If still good, buy 0.1 ETH worth
4. Scale your position based on performance

Strategy 2: Profit Taking Ladder

Goal: Lock in profits while keeping upside potential

Entry: Buy 0.1 ETH worth
2x: Sell 25% (recover 0.05 ETH)
5x: Sell 50% (recover 0.25 ETH)
10x: Sell 25% (take profit)
Keep remaining 25% for potential 100x

Strategy 3: Quick Flip

Goal: Fast in and out for quick profits

1. Buy with 0.01-0.1 ETH
2. Set target (e.g., 2x)
3. When target hit, sell 100%
4. Move to next opportunity

⚡ Trading Workflow Examples

Example 1: New Token Launch

Scenario: You found a new token launching on Monad

Step 1: Preparation
- Check you have ETH: /balance
- Copy token address from announcement
- Be ready to buy quickly

Step 2: Execute Buy
You: /buy
You: [paste token address]
You: [tap 0.01] (quick buy)

Step 3: Monitor
- Check transaction confirmed
- Note entry price/amount
- Set mental profit target

Step 4: Take Profit
You: /sell
You: [paste token address]
You: 50% (when 2x)

Example 2: Profit Taking on Position

Scenario: Your token is up 5x, time to take some profits

Current: 1000 CHOG (bought with 0.01 ETH)
Now worth: ~0.05 ETH

Step 1: Check Balance
You: /balance
Bot: Shows your holdings

Step 2: Sell Half
You: /sell
You: [token address]
You: 50%
Bot: Selling 500 CHOG...
Bot: ✅ Received 0.025 ETH

Result: You've recovered 2.5x initial investment
Still holding: 500 CHOG for more upside

Example 3: Emergency Exit

Scenario: Bad news, need to exit fast

You: /sell
You: [token address]
You: 100%

Bot: ⏳ Selling all 1000 CHOG...
Bot: ✅ Received 0.008 ETH

Result: Quick exit with minimal typing

💎 Understanding Gas Fees

What Are Gas Fees?

Gas fees are small amounts of ETH paid to execute transactions on the blockchain.

Typical costs on Monad testnet:

💰 Buy: ~0.0003 ETH
💸 Sell: ~0.0003 ETH (after initial approval)
✅ Approve: ~0.0002 ETH (one-time per token)
📤 Transfer: ~0.00021 ETH

How Mobots Handles Gas

Automatic & Optimal:

🤖 Fetches current gas prices from network
📊 Calculates optimal fee
⚡ Ensures fast confirmation
💰 No overpaying

Benefits:

✅ No manual gas settings
✅ Always pays the right amount
✅ Future-proof (adapts to network)
✅ Fast confirmations (1 second)

🎯 Trading Best Practices

✅ Do's

✅ Verify token addresses before buying
✅ Start with small amounts to test liquidity
✅ Use percentages for gradual profit-taking
✅ Check balance before large trades
✅ Save transaction links for your records
✅ Set profit targets before entering trades

❌ Don'ts

❌ Don't buy unknown tokens without research
❌ Don't spend all your ETH (keep some for gas)
❌ Don't panic sell on small dips
❌ Don't ignore gas fees in profit calculations
❌ Don't trade without backup of your private key

🔍 Tracking Your Trades

View Transaction Details

Every trade includes a link to the Monad testnet explorer:

🔗 View Transaction
→ https://testnet.monadexplorer.com/tx/0x...

What you can see:

✅ Transaction status (success/pending/failed)
💰 ETH and tokens transferred
⛽ Gas fees paid
⏰ Timestamp
📊 Block number

Monitor Your Balance

Use /balance frequently to:

💰 Check ETH available for trading
📊 Track your portfolio
✅ Verify trades completed
🎯 Plan next moves

🚨 Troubleshooting

"Insufficient Balance"

Problem: Not enough ETH to complete trade

Solutions:

Check balance: /balance
Get more testnet ETH from faucet
Try smaller amount
Keep ETH for gas fees

"Transaction Failed"

Possible causes:

⛽ Gas price changed (network congestion)
💰 Insufficient liquidity in pool
🔄 Price slippage too high
⏰ Transaction took too long

What to do:

Try again (gas prices adjust automatically)
Use smaller amount
Check token has liquidity
Verify token address is correct

"Approval Needed"

This is normal! First time selling a token requires approval.

What happens:

Bot requests approval
You confirm
Bot executes approval
Bot executes sell
Future sells don't need approval

📈 Next Steps

Now that you understand trading, explore:

Wallet Management - Secure your assets
Security - Protect your funds
Commands Reference - All commands detailed
FAQ - Common questions answered

Token Wallet