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What is Grid Trading? Grid Trading is very stable, predictable and profitable; the only failures are mainly due to ignorance, impatience and greed. X-Grid, will take out the Human Factor, it is not emotionally involved in the transactions, they are automated and unaffected by human frailty. In a nutshell Grid Trading uses the following methodology; you start by buying and selling a currency. When the price moves a predetermined distance (grid step) you cash in the positive step, leave the negative step and buy and sell again. Sooner or later the system goes positive and you then cash in when it is positive. Money is made when the price retraces specific percentages at various levels. The grid system is also based on the nature of the market to trade sideways 80% of the time and to trend 20% of the time. You should always cash in your profit targets and or when the price reaches the end of one of your grid steps. By cashing in you are reducing the risk of carrying negative lots in a suddenly trending market. This also gives you an opportunity to re-assess the market conditions. Cash in and start again is always an option. As we stated before, the fully licensed version of X-Grid includes settings that allow you to cash in all your open positions under a variety of conditions. For now we think its best that you choose your style of trading and let X-Grid do the work so you can watch the results and get familiar with the territory…see the good the bad and what a three trillion dollar a day market can do for you…or against you.
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