Welcome 3Commas New Grid Bot For Automated Trading
The most challenging aspect of trading is to manage our emotions. Once real money is on the line, even the best chart analysis experts and traders in the world struggle with the same emotional battles you do. We all get weak at the knees when we see an asset we hold approaching a critical support or resistance line if it could put our deal at risk.
Fear and Greed Do Not Mix Well with Trading
How many times have you sold a crypto that was not going your way, only for it to immediately reverse? It happens to all of us. It happens so often that there is a “Fear and Greed Index” many professionals in the crypto industry refer to daily.
You can quickly eliminate your fear and greed issues by doing what the professionals do. Use automated trading services and bots.
Automated Trading Eliminates Emotional Risk
By utilizing the same tools the professionals use, you can easily make more profitable trades more frequently.
One of the latest and greatest trading bots to hit the crypto scene is the Grid Bot by 3Commas. This bot is systematic, relentless, and never gets bored. Based on these characteristics, it will consistently make money for you in flat markets.
Make Money in Markets 70-80% of Time
Studies show that markets are flat or consolidating 70% – 80% of the time. My friends, you no longer have to worry about catching the next big pump or market move to make money. Using Grid bot, you can be making money while everyone else is waiting for the next big market move.
As for the strategy of Grid bot? Well, to be honest, there’s nothing earth-shattering or cutting-edge about it. It’s very rudimentary. Buy low and sell high.
Automated Grid Bot Trading Works for Everyone
In automated-trading mode, the bot will look back seven days and analyze the market conditions during that time. Grid bot will create a customized trading strategy based on your desired risk-level and allocated funds. Once it identifies a trading channel, the procedure is to set a series of buy-orders on the low side and sell-orders on the high side of the established trading channel. It’s that simple. And, because the bot looks back seven days, the trading channel will be updated daily. You don’t have to worry about your bot trading based on old charts.
Manual Mode Offers Custom Settings
If you prefer to set your trading parameters, then Manual Mode is for you. In manual mode, you can independently adjust the price range, the number of grids, and the distance between them. These adjustments allow you to improve the strategy with the appropriate knowledge. When working in manual mode of Grid Bot, remember that the minimum distance between grids must be greater than the size of the commission multiplied by two (commission for sale and purchase) for the bot to trade in profit.
We haven’t even begun to discuss details and features of Grid bot, which are truly outstanding and give even more versatility than we mentioned here. I was so excited about this new bot I felt I owed it to the world to tell you all about it. Hurry over to 3Сommas if you want to trade like a professional but don’t have the time to learn how.