Recently, I experimented with spot grid bots to simplify my trading strategy. I set the lower limit to match my stop loss and the upper limit slightly higher than my final take profit, allowing for a potential runner. The trigger price was set to my desired entry point, creating a setup that resembles a futures trade where you can let it run autonomously. While setting stop losses and take profits in spot trading can be more complex compared to futures, this method has made the process much easier for me. I hope this insight proves helpful to you all!
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