Hello everyone, this is my first post here. I am doing some demo trades in Futures Grid (strategy trading) and I have made a strategy for the BNXUSDT perpetual pair. You can try it out:
* Price range: 0.2100 to 0.3000
* Number of grids: 70
* Mode: Arithmetic
* Initial margin: $150
* Leverage: 10x
* Stop bottom price: 0.20
* Stop top price: 0.35
This strategy is designed to profit from small price movements within a given price range. It works by placing a series of buy and sell orders at evenly spaced intervals within the range. When the price of $BNX moves up, the bot will automatically sell some of your contracts at a profit. When the price moves down, the bot will automatically buy more contracts at a lower price.
This strategy can be profitable in both bullish and bearish markets, as long as the price of $BNX remains within the specified price range. However, it is important to note that Futures Grid trading is a risky strategy and can result in losses if the market moves outside of the specified price range.
Please note that these are just suggested parameters, and you may need to adjust them to fit your own trading style and risk tolerance. I recommend that you backtest any strategy before using it in a live trading environment.
I hope this is helpful! #futuresgridtrading #gridtrading #bnxusdt #perpetual #trading