Getting Started with Grid Trading

Preparation: 1. An exchange account that can conduct grid trading 2. Understand some basic K-line indicators, and at least be able to read trends Introduction: The simple understanding of grid trading is to let the robot help you execute low-buying and high-selling within the range. It is suitable for Basic operations of spot and contract futures 1. First, choose to do spot or contract grid 2. Then choose the currency you want to do. For novices, try to choose a currency with a large market value. How much is considered a large market value? The current situation Next, coins with a circulating market capitalization of more than 400 million U.S. dollars are best considered as large market capitalization. If you are proficient, you can play with small market capitalization coins. 3. Observe the K-line chart of the currency you choose, observe the trend, and judge whether it is long or short. , or neutral (neutral is generally used less). If you don’t know how to read K-lines and trends, go learn it and then read this introductory introduction. 4. Select the range. Generally speaking, when selecting the range, you can first find the high and low points of the recent short period (below the daily line level), or two adjacent resistance levels and support levels. 5. Leverage multiple selection. Beginners should not play with high leverage. It is best to control it below 10 times. 6. Selection of equal differential ratios. Generally speaking, if the selected range has a smaller amplitude, it is better to choose equal differentials. If the amplitude is large, use other comparisons. good. I usually use 30% as the dividing line. 7. The selection of the number of grids is generally 1.5-3 times the amplitude of the interval. Take an integer and leave an even number. For example: if the amplitude is 15%, then you can set the number of grids to 22 or 46. 8. Set up stop-profit and stop-loss. This must be set when you start playing, because beginners are trying with money after all. Stop-loss must be set near the upper and lower limits of the range, so as not to let yourself get liquidated. Calculate the approximate first, Note that after placing an order on the grid in the long or short direction, about 41% of the position will be filled immediately. 9. If the grid runs out of the range, continue to review the trend and reset the grid or perform a hedging order.

The following is a screenshot taken when writing an article before, for reference only.

I am currently analyzing the chips of #wld exchanges using the tool #0xscope
Among the major exchanges, the amount of wld on the Ethereum mainnet in the exchange address scan.0xscope.com/token/0x163f8c… is about 36739561.94, and the amount of wld in the OP belonging to the exchange address scan.0xscope.com/token/0xdc6ff4… is about 38567286.84, totaling 75306848.78. However, according to scan.0xscope.com/transparency?n… CEX Transparency report, asset analysis on Ethereum mainnet and OP The total amount of WLD is 84587067. The total amount of WLD in circulation shown on Binance is 257 million. The total amount of WLD in various exchanges is about 75.3M-84.58M. Today, the WLD position of BN contract increased by 4.3 million. The current WLD price is 2.468USDT

The news just wants you to see what they want you to see. You have to consider the biggest stakeholders. If you speculate on cryptocurrencies based on the news without thinking and analyzing for yourself (even if the analysis logic is correct sometimes, but the market does not go as expected), you will have lost everything long ago.

The panic index has reached 30. It has started to rebound. Some copycat stocks did not follow the decline after yesterday's pin-ins. $BTC 58402$ETH 3240$WLD 2.639

$WLD There is no coin that keeps falling or rising. If it falls too much, it will rise. If it rises too much, it will fall.$WLD

Stay away from the magic stick. The magic stick is often very concerned about what others say about him. He doesn't care about his words but is honest in his actions! The market for the first quarter is expected to fluctuate, which has already begun. Mainly updated on Twitter.

Attention, all you hairy guys, Google will start deleting inactive accounts today #Gmail

Wintermute just transferred 2 million to Binance #arb

Wintermute just flushed 2 million#opto Binance

#DeFiTrends The most profitable protocol at present is FriendsTech. Currently, TVL on Base has the fastest growth and the highest fee income. At present, I am more optimistic about #mkr before the end of the U.S. dollar interest rate hike cycle, because it is the leader of RWA, holds the largest amount of U.S. dollar bonds, and pays interest between 4% and 5%. The principle is that the surplus 50m in the MKR treasury will be repurchased. Every time the bond matures and the profit treasury exceeds 50m, MKR will be repurchased, which is a real profit repurchase.

Just now: The Federal Reserve said that stablecoin assets could become a source of financial instability in the broader financial system.#USDT#USDC#DAI#TUSD#FDUSD#美联储是否加息？

The short-term price is still volatile. $BTC looks at the fluctuation between 26100-27000. Only when it breaks through will the market trend #token2049 #美联储是否加息？

As everyone expected, the Federal Reserve will not raise interest rates this month, but the price is already priced in#fomc$BTC $ETH #美联储是否加息？ Institutions predict that the first interest rate cut will be postponed to September next year.

$BTC #美联储是否加息？ How to say, the market always precedes the news.

The Federal Reserve will not raise interest rates today, and prices have already gone up. It should be over now $BTC

It’s really awesome, it went straight to 12u and now it’s around 11u. Very strong

4385027171#wldwas borrowed $WLD , how can I say it will explode?

At 4 o'clock in the morning on September 15th, mevbot Long Er#bananagunbanana gun was re-opened. Brothers, are you still rushing? #BTC #ETH #美联储是否加息？
Opening price: $6.20
Opening mc: $14.8m
fdv: $62m
Liquidity: $2.1m (170k tokens + ~650 Ether, depending on Ether price)

FTX gets court approval to liquidate crypto assets $SOL $BTC $ETH #
The top 10 are
SOL $1.162 billion
BTC $560 million
ETH $192 million
APT $137 million
USDT 120 million USD
XRP $119 million
BIT 4 9 million USD
STG 4 $6 million
WBTC $41 million
WETH 3 7 million US dollars

At 8:30 today, US CPI data shows that inflation has rebounded and Bitcoin has not fluctuated much. The probability of raising interest rates this month is increasing, but a rate hike is more likely in November. The US dollar continues to rise and US stocks continue to fall. BTC is still in an oversold rebound, but the probability of a downward trend is high in the medium term $BTC