For grid bot, if I set the range bigger, lower low, and higher high, does that also mean I have a lower risk?

Even if market falls low, I’d be holding the coin I want, as long as I don’t set a stop loss,right ?

And when it comes back in range it’ll sell again ?

Answer

You will not lose the coins either way, unless you’re using margin.

When the price dips lower than your range, all of your equity will already be allocated to the target coin, so there bot won’t be able to make any trades until prices move back into your range.

In a way you might call it lowering the risk, yes. but profit from each tx will also be lower

Related posts:

  1. In grid trading if we increase the grids although the profit per gird comes down but the chance of activating the grid in time goes up but at the same time we will pay more fees for trades done.From your experience which one is more significant “lower grids but bigger profit per grid” OR “more grids but lower profit per grid” ?
  2. What i have conclude is that the trading bot buys half of investemt on trigger price and let the other half in pending buy positions till its lower range, and put sell orders till its higher range
  3. What risk category is Pionex dual coin rebalance bot in? Is it low, medium or high risk?
  4. What does backtesting annualised return for 7D mean? Does this mean that on an average the bot has given a return of this percentage amount over the last week?
  5. About trading bot parameter : Is the only risk in all the grip option available when the price get higher or lower than the parameter ?
  6. What Trailing percent means? Is it mean the upper price is 10% above the trigger for example? 10% of what range? 10% from the range between highest price and trigger price?
  7. What happened if the price go lower on your lower limit does the trading bot sell all your coins?
  8. I want to ask i use grid trading bot if the price is higher than my upper limit what will happen ? Is the upper limit will go otomaticly higher ?
get free trading bots now