Using an AI bot for any kind of trading is a very wise decision nowadays. The time of manual trading is now over. With automation you can get a trade started with just one click. You do not need to keep looking at the screen. After setting your Stop Loss and TP, you can allow the bot to keep running the trades and continuously generate profit for you.
In this era of AI technology where everything is gradually being done through AI, we should also move away from manual trading and start using bot systems.
As I have already explained before I create different bots, test them and after they become successful I put them to work. So if anyone wants any kind of bot developed, contact me. I can create the type of bot you need at a very low price.
Recently I came up with an idea for a strategy and decided to test it. I have already tested it once and it was successful. I have also shared the screenshots of the results with you.
What kind of strategy is this? In this strategy you need to use a GRID bot on Binance, specifically in the Futures market.
First I will explain the strategy and then I will explain the bot and how it will work.
The strategy works like this.. you go to the Top Gainers section where a coin has already pumped significantly. Then you open both Long and Short positions for that coin, with an upside range of 20% and a downside range of 20%. Along with this you set the number of grids so that the bot generates profit for you after every 1% price movement. This means you keep earning 1% profit at each grid level.
Of course, you will not get a completely hedged system because if the coin is moving quickly in one direction you will experience a loss on one side (larger) and a profit on the other side (smaller). However if the coin stays within the range of 20% upside and 20% downside for a long time you can earn a significant amount of profit from it.
The main thing here is that grid profit is your actual source of profit.
As you can see I have opened a Futures Grid trade on QUSDT with both Long and Short positions. You can see that I have set the price range from 0.09 to 0.122 and selected 20 grids. The bot will execute trades after every 1% price movement and my total investment is around $330.
What will happen because of this? The bot will continue to execute trades after every 1% price movement and profits will keep getting booked.
Now, many people will surely have a question in their minds.. what is the benefit of this strategy? If the price keeps moving like this, won't we keep getting profit on one side and loss on the other?
Yes this is a very important question and it needs to be answered.
The answer is that grid profit is the most important part of this strategy. These coins are highly volatile and move very quickly. For them, a 1% price movement can happen within just a few seconds. So, if the bot keeps executing trades for you every few seconds or every few minutes the grid profit you earn becomes your source of profit.
After generating a certain amount of profit, even if the price reaches the upper or lower range you may still be in overall profit.
As you can see in this screenshot, the unrealized Profit and Loss on both my Long and Short sides are negative. However the matched profit has generated such a good amount of profit that my overall profit is around $0.70.
This is the real key to this strategy the profit you earn through the grid bot.
Even when both sides are showing losses I am still in overall profit and this is the reason for using a grid bot for trading.
Through this content I want to explain this strategy to you. If you want to earn a steady income and take low risk trades you can use a Futures Grid bot. Select one of the most volatile and fast moving coins from the Top Gainers section, choose a specific price range for it and open both Long and Short positions.
Within just half an hour it can bring you into the profit zone because the grid profit can become so substantial that, after covering your overall losses it can move you into profit.
So this is a very simple strategy. If you understand it, make sure to test it.
I hope you guys will like this post and is interesting as well. If you find it informative then dont forget to give me a support. Share you reviews in the comment section below. Thank you all for your time reading the content.
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