What is your trading strategy?

[peweb]

Version

Last 0.93

Description

I think sharing a strategy - good or bad - can only help us as it's not really a competition - the market is big enough to accommodate us all without problems. A bad experience can help us reduce loss and a good one can help us make money.

Here is my view on Grid Trading.

In general, I think there are two ways to use a grid bot:

1. Trade the top coins. When marekt goes down, I end up holding BTC, ETH and other coins that I believe will recover sooner or later. I see every drop in price as an opportunity to buy the best performing coins at low prices. In a sideways or bullish market, this brings some profit.
2. Trade high volatility pairs for high profit on the side market. This can bring a very good profit, but you can lose in case of a huge drop in price, and shit coins may not recover, so short-term success can turn into long-term loss.

Currentry I trade only BTC, ETH.

What I do is martingale grid trading - I use 1.3 as a multiplier and with each grid I buy more so I try to reduce the last bought price and make it easier for the bot to sell at a profit. I set up grid sell at 0.8-1% with trailing of 0.1%

With this setup I made 3% for the last month.

What do you think? What is your strategy?

[danielhamelberg]

I'm looking into volatility data analysis for a friend of mine who says aligning volatility and ATH interval and limit will lead to better bot decision-making. He sets it to 1h/24/0,98 respectively. Thoughts?

[DecisiveDesignDE]

While I sadly have no really good setup to share yet, I input your settings into one of my sandboxes and it's running great. I do however run into the issue, where even though a coin made way more money than my profit goal, it refuses to sell even if it goes down..?

My Grid Sell is set to 1,005 so .5% profit. Always get the message "There is a last gird trade sell order. Wait". Saaw the first screenshot's coin go from 25,80 to 21,20 without the bot triggering a sell order.

[oijkn]

@peweb I'm totally agree with you, and thank you for sharing your conf. Based on your settings I only added BNB symbol, bellow my settings.

What do you think about it ?

[shhhmel]

Thank you, for sharing your strategies. Could you please give any advice on how to choose "Intervals" both for Candle Settings and for ATH? What to look for when choosing an "Interval" ?

[masonstrike]

Thank you for sharing your strategy, I am still tinkering with the settings to get good results. Are there any other resources for trading strategies using this bot? I am testing the bot in test mode but I would love to see if there are any different successful strategies being employed.

[gavcat]

I used 0.5% (1,005) Now I'm trying how are you 1,001 The only thing I get out 2 times is 50% of the amount +0.5% and 50% of the amount 1%