> ## Documentation Index
> Fetch the complete documentation index at: https://peak-docs.birdeye.so/docs/llms.txt
> Use this file to discover all available pages before exploring further.

# For Active traders

> How active traders use Peak for real-time market monitoring and execution context.

This guide outlines how active traders use Peak for real-time market monitoring, microstructure analysis, and execution context. The emphasis is on speed, signal density, and live data.

## What Peak supports for traders

<CardGroup cols={2}>
  <Card title="Live market data" icon="bolt-lightning">
    Real-time trade streams, prices, and volume across venues.
  </Card>

  <Card title="Liquidity analysis" icon="droplet">
    Depth, pair-level performance, and venue comparison.
  </Card>

  <Card title="Flow tracking" icon="wave-square">
    CEX inflows and outflows, large-wallet activity, DEX trader behavior.
  </Card>

  <Card title="Alerts" icon="bell">
    Notifications on price, volume, or activity conditions.
  </Card>
</CardGroup>

## Setting up for active trading

A workspace optimized for trading typically includes:

* **A watchlist of actively-traded assets.** Concentrate on what you actually trade rather than tracking everything.
* **Alerts on material conditions.** Price thresholds, volume spikes, unusual wallet activity, and similar — set sparingly so each alert means something.
* **Timezone set correctly.** All timestamps respect this; getting it wrong creates confusion fast.

See [Setting up your workspace](/docs/get-started/quickstart/setting-up-workspace) for setup details.

## Commands for real-time monitoring

### Live activity

**Live Trades (LTD) ↗** is the primary real-time view. It streams trades for the active Token Object and supports filtering by size, side, and counterparty type.

**Price Monitor (PMN) ↗** — its OHLCV Chart tab provides candlestick price action with volume, useful for confirming what live trades are showing in aggregate.

### Liquidity context

**Market Liquidity Analysis (MLA) ↗** shows depth and liquidity flows. Useful before sizing a position or evaluating slippage.

**DEX Performance (DEP) ↗** at the protocol level shows venue-wide activity and pair-level breakdowns.

### Flow signals

**CX Whale Tracker (CWT) ↗** shows CEX inflows and outflows — relevant signal for short-term price pressure.

**DX Trader Analysis (DXT) ↗** examines DEX trader behavior, useful for identifying patterns in active wallet activity.

## A typical session flow

A common session pattern:

<Steps>
  <Step title="Open with the watchlist">
    Scan watchlist assets for overnight changes and pending alerts.
  </Step>

  <Step title="Investigate anything that moved">
    For any asset showing significant change, open **Live Trades (LTD) ↗** and check **CX Whale Tracker (CWT) ↗** for context.
  </Step>

  <Step title="Set up the day's monitoring">
    Adjust alerts based on what you saw. Pin the Commands you'll return to.
  </Step>

  <Step title="React to alerts as they fire">
    Each alert links to the relevant Command, putting you one click from investigation.
  </Step>
</Steps>

## Commands frequently used by traders

| Command | Purpose                                                                    |
| ------- | -------------------------------------------------------------------------- |
| `LTD`   | Live Trades — real-time trade stream                                       |
| `PMN`   | Price Monitor — price action, technical indicators, and OHLCV candle chart |
| `MLA`   | Market Liquidity Analysis — depth and flow                                 |
| `CWT`   | CX Whale Tracker — CEX inflows/outflows                                    |
| `DXT`   | DX Trader Analysis — DEX trader behavior                                   |
| `DEP`   | DEX Performance — venue-level activity                                     |

The full catalog is available in the [Command Reference](/docs/core-concepts/commands/command-reference).

## Related workflows

<CardGroup cols={2}>
  <Card title="Tracking Smart Money" icon="wallet" href="/docs/guides/by-workflow/setting-up-alerts">
    Surface meaningful wallet activity using Peak.
  </Card>

  <Card title="Monitoring DEX activity" icon="arrow-right-arrow-left" href="/docs/guides/by-workflow/monitoring-dex-activity">
    Track DEX-level activity for execution and flow analysis.
  </Card>
</CardGroup>
