Another promising trading strategy that I want to share with you. This is a strategy I am currently testing myself and I will continue to share my backtesting results and actual trading profits with you.

Before discussing this strategy, first of all I want to share my trading results with you, showing how much profit I have made under this strategy and how many trades have gone into loss.

These are some trading results where you can see that I have traded these coins... Q, AGT, Siren and BTW. So far my profit rate is around 100 percent because not even one of my trades has gone into loss.

If I combine all these profits I have made approximately around 26 to 28 in just a period of two to three days. These are my trading results.

---

Now let's talk about this strategy.

---

It is very simple. If you stay focused and pay attention to this strategy then after understanding it you can also benefit from it.

What I will do is, first of all I will search among the top gainers or top losers for those coins that are at their high resistance or support on their weekly chart.

If I see that a gainer according to the weekly timeframe has made such a peak that it has even broken its all-time low and it has also formed two to three weekly candles there, then what will I do?

I set my grid range from 5 percent below to around 250 percent above. My investment is $1,000 and there are approximately 60 to 70 grids.

This means that after every 2 percent move the futures bot will make a grid trade and execute one trade. In return for each trade I will keep getting around 8 to 11 cents in profit.

Because when these coins appear among the gainers they are extremely volatile. So, what will happen is that it will keep making trades for me very quickly. Even if I later close these same trades that are generating profit for me at a loss value, they will still give me an overall profit.

Remember that under this strategy you should not randomly select any coin for trading that could put you at risk of loss.

Because if a coin has not yet reached its all-time high, it will prove to be very risky as the chances of it pumping are very high.

Therefore search for those coins that have already pumped significantly from their all-time high and have consolidated there for two to three candles. You have to open a short grid there and let the bot do its work and keep earning grid profits for you.

The second thing is that if you look among the top losers and find a coin that comes to its support value then you will go long on it only when you are satisfied with its project.

You should never go long on coins that have a chance of being delisted at any time because that could result in a huge loss for you.

Now, surely this question must have come to some friends minds that How do you calculate profit and loss?

Profit and loss will be calculated in the following way... my loss percentage is around 100 percent according to this grid. When the loss reaches that level I will book my loss. That means out of $1000, my stop-loss will be $100.

In other words if a coin moves 100 percent upward from here, my stop-loss will be triggered at that time. The chances of this are very low because this coin has already pumped so heavily that it does not have the ability to pump any further.

But if this happens under these rare conditions then this will be my stop-loss. The take-profit is according to your own choice depending on how much take-profit you set and how you manage it.

Even recently I have a trade open in BTW and as usual it is in the profit zone. I will keep it for today and check how it performs.

I hope you have understood this strategy and if it is profitable make sure to test it.

I hope you guys will like this post and is interesting as well. If you find it informative then dont forget to give me a support. Share you reviews in the comment section below. Thank you all for your time reading the content.

PICTURES DETAIL

REMEMBER: We should prepare for the unexpected and always hope for the best. Life may not be easy but you must do your best and leave the rest to God...