If you’re not a professional trader who can analyze charts and predict price trends, don’t have time to constantly monitor the market, and find it hard to decide when to buy or sell even when prices rise or fall — Auto Trading can help you automatically buy low and sell high without being affected by those limitations.
Here are some useful tips for beginners using Auto Trading — don’t skip this, it could be very helpful!
When to Use Auto Trading?
Auto Trading Bot works best in sideways markets. The bot takes advantage of small price fluctuations to “buy low – sell high” multiple times, helping you maximize profits from small price ranges.
Tips for Using Auto Trading for Beginners
- Start small: Try with a small amount of capital to understand how the bot works before scaling up.
- Choose a suitable strategy: CoinSavi has pre-set the most effective AI backtested strategies so users can easily run Auto Trading with just a few steps. Select a strategy that matches your risk appetite.
- Set a stop-loss: Protect your assets when the market drops sharply.
- Use moderate leverage: Leverage can amplify profits, but if you lack trading experience, use it moderately to reduce liquidation risks.
- Follow strategies from the CoinSavi community: Join the CoinSavi community to learn and share experiences with other traders. This helps you quickly spot market trends and changes.
Why You Should Use Auto Trading
- Automated trading: The bot buys/sells according to your strategy even when you’re busy or asleep, so you never miss opportunities.
- Quick reaction to market changes: The bot constantly monitors the market and places orders instantly when conditions are met, capitalizing on small price moves that humans may miss.
- Optimized stable profits in sideways markets: Instead of selling all at one price, the bot splits trades to maximize “buy low – sell high” cycles.
- Better risk management by splitting capital: Instead of entering with all capital at once, Auto Trading bot divides it into multiple orders at different price levels.
- Increased profits: With leverage integrated into each grid trade, you can multiply potential returns.
- Removes emotions from trading: The bot follows preset strategies, avoiding FOMO or panic-driven decisions.
- Passive income: With the right strategy, the bot can generate consistent passive profits, freeing up your time.
- Suitable for all users: You don’t need to be a pro trader to use CoinSavi Auto Trading. With just a few simple steps, you can optimize your trading performance and profits.
- AI backtested proven strategies: Choose the most effective bot easily without having to test multiple strategies yourself.
