There is another great way to make profit with the Futures Grid Strategy by using the Hedge Mode system. In this method the price stays within a selected range for as long as possible. The longer the price remains inside that range the more grid profit you earn.
Today I want to share another strategy that can be very profitable. It works especially well in a sideways market and has the potential to generate consistent profits.
Here's what you need to do...
Choose Silver and set a trading range of 10% above and 10% below the current price.
Lets say...
Now at the current price of $60, start both a Long Grid and a Short Grid using the same price range.
Set the number of grids between 100 and 150 depending on which setting gives the highest grid profit.
Do not use leverage. Run both grids with 1x leverage only.
With this setup, every time the price moves by around 0.16% the bot automatically trades a small portion of your funds.
As long as the price continues moving within the $50 to $70 range the bot keeps generating grid profits.
According to my calculations this setup can generate around $8 to $10 per day in grid profit.
Now let's understand how a loss can happen.
If Silver suddenly becomes very volatile and moves directly in one direction. for example, from $60 straight to $70 or drops quickly from $60 to $50. you may need to book a loss of around $70 to $80.
However this is a fairly wide trading range so it usually takes time for the price to move completely outside it. In many case the price spends a longer time moving within this range.
According to my calculations if the price stays inside the range for at least 7 days, your accumulated grid profits should be enough to break even.
Even if the price leaves the range after that you should not have an overall loss.
If the price remains inside the range for more than 7 days, every extra day adds more profit, creating a steady daily income.
Your stop loss is simple.
As soon as the price moves outside the selected range, close both the Long Grid and the Short Grid.
Your final result depends on how long the price stayed inside the range.
In my opinion, this is a relatively safe Futures Grid strategy because it uses Hedge Mode, 1x leverage and a clear stop loss plan.
Sometimes the market stays within the same range for 3 to 4 days and you may already see an overall profit. At that point you can either close the strategy and secure your gains or continue holding it if you believe the price will remain in the range and generate even more profit.
I hope you found this strategy useful.
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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