What Is Forex Grid Trading

Forex Grid Trading

Grid trading is an approach where a trader sets buy and sell orders at the predefined price. This creates a grid-like structure that attempts to remove the hassle of knowing the direction of the price but is a very risky trading strategy that can cause signficant drawdowns. I would much prefer to use detailed market analysis when placing my forex trades rather than implementing a grid trading system. What is forex Grid trading? The concept of Grid trading is to get the most out of volatility by placing buy and sell orders at regular intervals above and below a set …READ MORE