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
Read moreIs grid trading a good strategy?
Ultimately, the strategy is most profitable if the price runs in a sustained direction . The price oscillating back and forth typically doesn’t produce good results. In oscillating or ranging markets, against-the-trend grid trading tends to be more effective.
Read moreWhat is the most successful trading strategy?
Scalping is one of the most popular strategies . It involves selling almost immediately after a trade becomes profitable. The price target is whatever figure translates into “you’ve made money on this deal.” Fading involves shorting stocks after rapid moves upward.
Read moreHow do I set up a bot Binance?
Here’s how to get started:
Read moreWhat is a grid profit?
Grid profits are arbitrage profits generated by bots that help you buy low and sell high . An unrealized profit is a floating loss or gain due to a change in the price of a token held by your bot.
Read moreWhat is future grid trading?
Grid trading is a trading bot that automates the buying and selling of futures contracts . It is designed to place orders in the market at preset intervals within a configured price range.23 Ara 2020
Read moreWhat does a grid bot do?
Grid Trading Bot is a trading bot that assists you in carrying out the Grid Trading Strategy . It enables you to place a series of purchase and sell orders within a given price range. When a sell order is fully executed, the bot instantly places another purchase order at a lower grid level, and vice versa.
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