Grid Trading with Bots
Can one trade profitably with trading bots using grid strategy? Grid strategy is a buy low sell high strategy that uses a set of grids to extract volatility from the asset that it is trading. For example: · BTC price: 20,000 USDT · Range: 19,500 – 21,500 USDT · Number of Grids: 10; · Amount of investment: 10,000 USDT If BTC goes down, the bot will buy at 19,900 and put a sell order for 20,100. If BTC keeps going down, the bot will keep buying until 19,500. If BTC recovers to 19,700, the sell ...
Grid Trading with Bots
Can one trade profitably with trading bots using grid strategy? Grid strategy is a buy low sell high strategy that uses a set of grids to extract volatility from the asset that it is trading. For example: · BTC price: 20,000 USDT · Range: 19,500 – 21,500 USDT · Number of Grids: 10; · Amount of investment: 10,000 USDT If BTC goes down, the bot will buy at 19,900 and put a sell order for 20,100. If BTC keeps going down, the bot will keep buying until 19,500. If BTC recovers to 19,700, the sell ...
