#GENIUSActPass Biggest Trading Bot Mistakes – Avoid These Costly Errors! 🤖💸

If you're using a Binance Trading Bot, make sure you don’t make these mistakes! Even a small misconfiguration can lead to big losses.

❌ 1. No Stop-Loss = Huge Losses 🚨

⚠️ Problem: Without a stop-loss, a market crash can wipe out your entire portfolio.

✅ Solution: Always set stop-loss and take-profit to protect your capital.

❌ 2. Wrong Grid Settings = Missed Profits 📉

⚠️ Problem: If grid levels are too wide, you might miss trades; if too tight, fees increase.

✅ Solution: Adjust grid spacing based on market volatility for optimal performance.

❌ 3. Overleveraging = Quick Liquidation 💀

⚠️ Problem: Using high leverage in Futures Grid Bots increases the risk of liquidation.

✅ Solution: Stick to low leverage (1x-3x) and monitor your bot regularly.