What is 10x margin trading?

A common instance of margin trading is using a 10x leverage. Effectively, this means increasing your original order by a magnitude of ten . With a $1,000 investment, margin trading allows us to open a position as if we had $10,000. Therefore, any profit that we make is increased tenfold once the position is closed.

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What is Grid bot in Huobi?

The grid bot will set orders automatically at any time based on your settings . Risk Reminder: Grid trading is a tool to assist you with your trading and does not make any recommendations or guarantees with respect to any digital asset, product, or promotion on Huobi Global.

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What is Huobi grid trading?

Grid trading is a trading strategy in which users can automatically buy low and sell high in a specific price range through a program . In the volatile digital asset market, the use of grid trading can avoid erroneous trading decisions caused by human factors to a greater extent.

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What is 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).

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