Yesterday was a decent day of trading considering the bearish outlook for the day. I'm running two grid bots right now, one for ETH & one for BTC. The parameters on the BTC bot are as follows
•Upper Limit : $34119
•Lower Limit: 25251
•Grids : 49
The parameters for the ETH bot
•Upper Limit: $2214
•Lower Limit: $1619
•Grids: 51
With this strategy, the focus isn't so much on executing more trades per day, but getting more profit per trade by using less grids. I expect these two bots to run well for a few months (assuming the markets don't experience major price rises/plummets.) I like this ratio of grids within these parameters, and if we did experience some major volatility, I would use the same strategy & simply change upper & lower limits. My total grid profit from the past 24hrs is $1.27 with an initial investment of 1k. Let's hope we see some green days on the charts moving forward. I document these mostly for me to reference later and track performance, but I also do it for you guys who may be interested in trading but unsure of where to begin & the best way to do it with little to no market knowledge. Pionex bots are very useful however before diving head first into trading make sure you understand the markets & what you're doing! You can still lose money trading with bots if you don't learn and refine your strategies. If you have any questions feel free to comment or DM me on my socials.
Lastly, I'm gonna drop my Pionex referral link for anyone looking to begin trading with minimal risk 🙂
https://www.pionex.us/sign/ref/f6ZGP0NW
