WTF is a Grid Trading Bot?

Written by Dave.yeh | Published 2020/06/24
Tech Story Tags: crypto-trading-bots | bitcoin-trading-bot | crypto-exchange | blockchain | cryptocurrency | algorithmic-trading | hackernoon-top-story | what-is-a-grid-trading-bot

TLDR Grid Trading Bot is the trading bot that helps you to perform the Grid Trading Strategy. It is a trading strategy which, in contrast to most other strategies, works best in a ranging sideways market with no clear direction. It profits from the ups and downs of the price fluctuations in a market and is best used while there is no clear up or downtrend for a longer period. Here are 9 reasons from an experienced trader who has used GRID Bot for more than 18 months. The more frequent and the bigger price fluctuations are, the more profitable the strategy will be.via the TL;DR App

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Written by Dave.yeh | Growth @ Pionex & BitUniverse
Published by HackerNoon on 2020/06/24