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Financial Pendulum
Oct 14

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 ...
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