#traderbotcamp #BotOrNot

**Using a Binance Trading Bot? Avoid These Costly Mistakes! 🚨**

Trading bots can be profitable, but small errors can lead to big losses. Here’s how to stay safe and maximize your gains:

❌ **No Stop-Loss = Huge Losses**

Without a stop-loss, a sudden market crash can wipe out your funds. Always set stop-loss and take-profit levels to protect your capital.

❌ **Wrong Grid Settings = Missed Profits**

Grid spacing is crucial—too wide, and you miss trades; too tight, and fees eat into your profits. Adjust based on market volatility.

❌ **Overleveraging = Quick Liquidation**

High leverage in Futures Grid Bots is risky. Stick to low leverage (1x-3x) and monitor performance closely.

❌ **Ignoring Market Trends**

Bots execute trades but don’t predict trends. Analyze the market and consider using trailing stop-loss to lock in profits.