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"grid trading" How does it work? Does it really work?
Hi,
I’ve recently heard about grid trading technique. I tried to google but didn’t find much information. Can someone guide me to the websites where I can I have more info? I want to be able to answer the following questions:
(1) which pair(s) should I trade
(2) how wide should the gaps between limit orders be
(3) what size of contract should I use
(4) what to do when I’m ready to move up to the bigger contract size
(5) how to get out of the trade completely with minimum lost
Maybe I would have more questions if I really understand how it works. Please share your opinions/experience.
Thanks,
Patrick
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