How do you do a grid trade?

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.

Grid trading involves placing buy and sell orders at set intervals around a set price . The grid can be created to profit from trends or ranges. To profit from trends, place buy orders at intervals above the set price, and sell orders below the set price.

Reliable Crypto Trading Strategy The thing about grid trading is that it has been around for a long time, and as a result it is very well established, profitable, and well tested . There are a number of examples of successful traders that have used it for decades in a number of different marketplaces.

Binance Spot Grid Trading uses normal grids. Orders are placed from the top grid to the bottom grid. When a buy order is filled, a sell order will be placed on the grid above it . As the upper price is set at 60,000 BUSD, the grid strategy will begin by placing a buy order at 56,000 BUSD.5 Oca 2022