Grid Trading: Setting Up and Applicable Scenarios for Automated Strategies
◦ Suitable for ranging markets, set upper and lower limits and grid density, automatically buy low and sell high
◦ The number of grids should not be too many to avoid fees eroding profits
◦ One-sided markets (continuous rise/fall) are prone to losses, need to pause the strategy in time to stop losses $BTC
BTCUSDT
Perp
88,103.5
-0.19%
ETHUSDT
Perp
2,972.35
-0.34%
BNBUSDT
Perp
849.02
-0.71%