what is grid trading ??

Grid trading is a strategy used in financial markets, particularly in cryptocurrency and forex trading. ๐Ÿ“ˆ๐Ÿ’น It involves placing buy and sell orders at regular intervals above and below a set base price, creating a grid-like pattern. ๐Ÿ”„๐Ÿ“‰ The idea is to profit from market volatility within a range by automatically executing trades as prices fluctuate. ๐Ÿ”๐Ÿ’ผ Grid trading aims to capitalize on both upward and downward price movements without requiring continuous monitoring, making it a popular automated trading technique among traders. ๐Ÿค–๐Ÿ’ฐ