Binance Trading Bots!

'Trading Bots' is an amazing side of Binance that allows you to automate your trade using predefined parameters. Basically, trading bots trade on your behalf based on certain parameters. I know many people do not consider it right to hand over their investment decisions to someone else, but the catch here is that these bots only do the work of order execution at the levels you approve. Although nothing is completely safe in the market, through this tool, you can make a profit from price fluctuations without sitting in front of the screen for 24 hours.

In the Binance trading bots section, you get multiple options, the most popular of which are Spot Grid and Future Grid. Here in Spot Grid, you get to see trading bots in spot charts, where, just like spot trading, you can only buy and that too completely with your money. Unlike Future Grid, you can activate trading bots with leverage and just like normal futures trading, you can create both buy and sell positions in it.

Below you can see the details of the strategy adopted by me, in which the most important thing is the price range chosen by this bot, apart from this you can also see the number of grids and profit per grid and an important point is to see with how much x leverage this strategy is going to work because too much leverage opens big doors for both profit and loss, that is why leverage is called a double-edged sword.

Apart from that you also can see the total matched trades and the result of my Future Grid strategy, in which I have made a profit of 220% so far, but along with paying attention to the returns, it is important that you also check its duration because I have earned this profit of 220% in just 12 days and this is what makes this strategy special. Here you can also see the PNL chart, which is quite good.

Although I am not promoting this strategy or this trading bots system, as I said in the beginning, there is no such thing as 100% security in the financial market. The risk of loss is always there, but your right strategy, understanding and quick reflexes enable you to trade in the best possible way.