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.
Read moreWhen should I stop trading bots?
You can always stop the bot at anytime you want . It has no restriction to run for certain time. However, you need to close the bot manually if you want it to stop after certain time, or you can use advance settings and use “Take Profit at” feature to close the bot when the price reach the target price.
Read moreWhat is unrealized profit in grid trading?
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 moreHow do you set up a grid trade?
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.
Read moreIs it legal to use algorithmic trading?
These are both examples of completely legal trading tactics that algorithmic systems are well suited for. When executed by a well-programmed ATS, these strategies are safe, legal, and effective.
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