What is the process of Grid Trading?

submitted 4 weeks ago by Elsamarie to cryptocurrency

The process of grid trading involves putting several buy and sell orders at predefined price intervals to create a "grid." In order to profit from each movement in prices, the approach buys when the price falls to a specific level and sells when it increases. This approach is automated by the grid trading bot development, which guarantees that trades are carried out swiftly and effectively without the need for human input. Because it allows traders to profit from both upward and negative price fluctuations within a specified range, it is perfect for volatile markets.

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