The Futures Grid Bot on Pionex is an automated trading tool designed to capitalize on market volatility by executing buy and sell orders based on predefined price levels. Here’s a quick overview:
Automated Trading: The bot automatically buys low and sells high, or vice versa, based on the grid parameters you set.
Market Conditions: It’s particularly effective in sideways markets where prices fluctuate within a range.
Flexibility: Users can choose between long, short, or neutral grid strategies depending on their market outlook.
Risk Management: The grid bot helps mitigate risks by spreading trades across multiple price levels, reducing the impact of sudden market movements.
Ease of Use: Setting up the bot is straightforward with just a few clicks, and it operates 24/7 without requiring constant monitoring.
– Price Range: 70k – 105k
– Stop-Loss (SL): 69k and 106k
– Entry: from approx. 10 USDT
– Price Range: 75k – 125k
– Stop-Loss (SL): 74k and 126k
– Entry: from approx. 10 USDT
– Price Range: 50k – 150k
– Stop-Loss (SL): 49k and 151k
– Entry: from approx. 25 USDT
– Price Range: 2k – 6k
– Stop-Loss (SL): 1.9k and 6.1k
– Entry: from approx. 10 USDT
– Price Range: 1.25 – 3.75
– Stop-Loss (SL): 1.2 and 3.8
– Entry: from approx. 15 USDT
– Price Range: 200 – 1200
– Stop-Loss (SL): 190 and 1210
– Entry: from approx. 50 USDT
– Price Range: 100 – 420
– Stop-Loss (SL): 95 and 425
– Entry: from approx. 120 USDT
The bots are designed and configured to cover specific price levels based on technical chart analysis.
Important Considerations:
-Monitor Liquidation Price:
Keep an eye on your liquidation price and ensure you have additional funds available to extend the liquidation threshold if necessary.
-Profit Allocation and Margin:
Any profit generated by the bot is set aside and automatically used as additional margin to enhance the liquidation threshold.
These profits can be withdrawn at any time for personal use or reinvested into the bot for a compound interest effect.
-Adding Investments or Restarting the Bot:
Make changes to your investment or restart the bot primarily when it is running at a profit. Restarting ends all current orders and transactions.
For other actions, like increasing margin or withdrawing profits, no such reset occurs.
-Minimum Investment:
Bots should function with an initial investment of about $25. If not, check the “Automatic Reserve Margin” option during setup and adjust it accordingly.
Best Practices:
Profit Management:
Consider withdrawing profits weekly to evaluate how you want to utilize them.
Regular Monitoring:
Keep an eye on your bot’s performance and its development. Avoid panicking if the bot runs into a loss temporarily. The bots are designed to handle significant market movements and recalibrate accordingly.
Additional Information:
For further questions, feel free to use the General channel. I will update this text to address any missing details as needed.
Fees and Profit Distribution:
Due to the programming efforts, continuous research, maintenance, and regular updates, 30% of the profits are retained, of which 20% goes to Pionex. The remaining 70% of realized profits are yours.
Caution: Trading involves the possibility of financial loss. Only trade with money that you are prepared to lose, you must recognize that for factors outside your control you may lose all of the money in your trading account. Many forex brokers also hold you liable for losses that exceed your trading capital. So you may stand to lose more money than is in your account. INOVACRYPTO Ltd. takes not responsibility for loss incurred as a result of our trading signals. By signing up as a member you acknowledge that we are not providing financial advice and that you are making a the decision to copy our trades on your own account. We have no knowledge on the level of money you are trading with or the level of risk you are taking with each trade. You must make your own financial decisions, we take no responsibility for money made or lost as a result of our signals or advice on forex related products on this website.