Only take a minute to understand Grid Trading
Grid trading, also known as fishing net trading, it is based on the principle that fishermen open the fishnet to catch all fishes. Set target prices above and below the entry price, as long as the currency reaches these prices, a certain number of digital assets will be bought and sold automatically.
Price fluctuates everyday and price spread provides traders opportunity to make a profit.
when the price of currency falls and sell when the price rises, they can earn profits by constantly doing so.
1. Visit DragonEx website, Log in, choose the Open Platform to enter the Grid Trading, and clickCreate.
2. Take ETH/USDT trading pair as an example, create and set parameters as followed:
Plan Investment ETH : the number of ETH planned to be sold.
Plan Investment USDT: the number of USDT planned to be purchased.
Spread: to ensure profits, please set a spread above 0.4% between each grid.
Grid volume: the ETH volume of each grid. When it is started, it will calculate and place an order based on current price.
2.1 After setting, you can click “View” to preview, and then click “Start” after confirming the error.
3.Click “Start” to enter the relevant page.
Cost: The amount of trading tokens* Current price+ The number of tokens
Realized profit: the sum of profits generated by each hedge ( transaction fee has been removed)
Annualized return: [(Realized profit/Cost)/ Running(in days)] * 365 days
4.If the set price is completed, you can check more in Completed column.
5. Then wait for the order to execute. To stop executing this gird, click Stop execution/Cancel order.