 |
Today at 03:32:21 AM |
|
Recently I’ve been looking more closely at exchange-based trading bots, especially Grid and DCA strategies.
What interests me is that bots are often marketed as a way to remove emotions from trading, but they really only execute the rules we give them. If the range, position size, or strategy is wrong, automation can simply repeat the mistake more consistently.
I’ve been comparing several exchange implementations, including BYDFi’s Spot Grid, Spot DCA and Futures Grid. Spot Grid seems most logical when price stays inside a range, while DCA is more about systematic accumulation. Futures Grid looks much more sensitive because leverage and liquidation risk are involved.
For people here who have actually used exchange-built bots:
Do you prefer built-in bots or API-based bots?
How often do you change your grid range?
Do you stop bots manually when market conditions change?
Have you found DCA bots genuinely useful compared with simply placing recurring orders yourself?
I’m especially interested in experiences during strong trending markets, because that seems to be where a lot of automated strategies start behaving very differently from what users expect.
Disclosure: This post was drafted with AI assistance and reviewed/edited by me before posting.
|
