Setting the bot with a narrow price range and only using 20 grids so that purchases per grid are large, but this carries the risk of getting stuck, that's why I am doing it on Ethereum, it's safer.

It has proven to yield a profit of 1% in 4 days, averaging a profit of 0.2-0.3% per day, so just multiply that by 365 days.

So for example, if you want to set up an Ethereum bot from $2000-3000, do not set a wide range right away, it's better to split it into 2 ranges.

So $2000-2400 and $2400-2800, each bot with 20 arithmetic grids, I am using arithmetic, not geometric.

Why is 20 grids enough for Ethereum in a narrow price range, why not just 50 grids in that range?

Because the volatility ratio of Ethereum is very high, 2 times the volatility of Bitcoin, so even with fewer grids, due to high volatility, it still often profits in a narrow price range.

#TradingMistakes101