There are lots of trading strategies out there, why exactly should we use another one? Well, there are at least several good reasons to do it, so let us look at them one by one.
Because it is profitable. Grid Trading has been around for quite some time now, it is a proven, time-tested, profitable trading approach. Need proof yourself? Please take a look at the results page on our GridTradingCourse.com site.
You will find lots of examples of real-time traded sessions under different conditions on different markets. All include complete brokerage statements and some are even recorded on video.
Because Grid Trading is truly a versatile approach. You can trade on virtually any market with it. And you can adjust it to match your trading style - your profit goal and your risk tolerance. You can go wildly aggressive, aiming to make 50-100% profit out of a single trading session (yes, this is perfectly doable with Grid Trading, examples below) or you can be really conservative. Or anywhere in between. It is your choice and Grid Trading is capable of accommodating it.
Because Grid Trading can extract profit during ranging markets. Most strategies around focus on trends - how to spot them early, how to exploit them, etc. However during the majority of the time (different estimates say 70% to 80%) markets are not trending, They are ranging. They are moving sideways. Well, grid trading is capable of extracting huge profits during these times as well. In other words you can be making money while others are waiting on the sidelines for the next trend.
Because of diversification. Grid Trading is an unconventional strategy. As such it can be a valuable addition to your portfolio. It can help to diversify your portfolio even further.
Because of automation. Due to its specifics Grid Trading is very susceptible to automation. Even more - it is much easier to trade a grid strategy using a software tool that automates it. Our automated grid trading robot GRIDAlgo EA is exactly such a tool. Let the machine do the hard work and let you watch it over and collect the profits.
So, to summarize at the end Grid Trading is a viable strategy that will allow you to extract profits from both ranging and trending markets, can be easily automated and is a great addition to any portfolio.