If the price runs through all the buy orders they exit the trade with a profit. This could be done all at once or via a sell grid starting a target level. If the price action is choppy it could trigger buy orders above the set price and sell orders below the set price , resulting in a loss.
Read moreWhat does quantity per grid mean?
The price that bot will stop loss and cancel the bot. Grid quantity: There’s a limitation in the number of grid, you can’t set it below 2 and above 99. Quantity per Grid: The amount for each order in the bot .
Read moreWhat is future grid in Binance?
Grid trading is a strategic tool to automate buy and sell orders at preset intervals and preset price ranges in Binance Futures . The feature is designed to help users make profits on small price fluctuations as it performs best in volatile and sideways markets.
Read moreWhat is a grid in trading?
Grid trading is when orders are placed above and below a set price, creating a grid of orders at incrementally increasing and decreasing prices . Grid trading is most commonly associated with the foreign exchange market.
Read moreWhat is a grid crypto?
Grid trading is a type of quantitative trading strategy . This trading bot automates buying and selling on spot trading. It is designed to place orders in the market at preset intervals within a configured price range.5 Oca 2022
Read moreWhat is the grid strategy?
Grid trading is an automated currency trading strategy where an investor creates a so-called “price grid” . The basic idea of the strategy is to repeatedly buy at the pre-specified price and then wait for the price to rise above that level and then sell the position (and vice versa with shorting and covering).
Read moreDoes Phemex have bots?
Using the top trading bots on Phemex Phemex has partnered with a number of trading bots to make your trading experience as optimized as possible. Phemex customers can use NapBots, Stacked, and many more on our platform.22 Ara 2020
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