Dynamic Grid Trader vs Grid Trader from Bituniverse, Pionex and 3commas
What makes the Dynamic Grid Trader Different than other Grid Bots and Learn how you can increase your return with less risk.
A Grid Trading Bot is when multiple buy orders and sell orders are inputted with pre-defined price buy levels and profit levels. These are one of the best methods to get more trading activity per capital and constant profit because it places buy and sell traders very close together.
If a volatile chart is chosen that is either trading sideways or slightly uptrending, then this could be a very profit bot. This requires you to find such coins with such charts. But what happens when the coin trades out of range. If the coin has proceeded upwards out of range then, the bot, if not predefined, will not trade.
If the bot has proceed below the buy levels, then you will have a very large position, that has not taken profits because all buys would have been filled. Grid bots that are used on BitUniverse trading app and Pionex exchange, when activated, lock up your funds to trade when you predefine the levels. The advantage of this, is that when a coin has a fat finger you will get the trades filled immediately ahead of every traders and sell orders can be inputted quickly…