I have designed a grid strategy with 50x leverage for you:
Direction: Multi
Grid range: Narrow the range to reduce the potential loss caused by each fluctuation. For example, set the grid range between $63,800 and $64,800, so that trading can be controlled within a smaller price fluctuation range.
Number of grids: Increase the number of grids, for example, set 20 grids, and reduce the interval of each grid to $50, so that the buying and selling operations triggered by each fluctuation are more frequent, but the profit and loss of each operation are relatively small.
Position control: It is recommended to keep the initial position as small as possible, for example, each grid order does not exceed 1% of the total funds. In this way, even if the market fluctuates violently, the loss caused by the small position is relatively controllable.
Stop profit point: Considering the high leverage, it is recommended to set the stop profit point at around $65,000 to lock in profits in advance and prevent market mutations.
Stop loss point: The stop loss point is set below $63,500. Once the market breaks through this point, it may trigger a larger decline. In this case, 50x leverage may lead to a liquidation, so stop loss must be strictly enforced.
Real-time monitoring: Due to the great risk of high leverage, it is recommended to monitor market dynamics in real time. If abnormal fluctuations occur, manual intervention can be made in time to adjust strategies or close positions.
Although 50x leverage can magnify returns, it also greatly magnifies risks. If you are not careful, slight fluctuations in the market may lead to significant losses or even liquidation. Therefore, it is important to operate with caution, strictly control risks, and take into account the importance of fund management.
