Guide to using Gunbot Reversal Trading

Pim from Gunbot
Nov 29, 2018 · 7 min read
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What do you do when rates drop? HODL? Use a tight stop limit? Reversal trading with Gunbot is worth considering.

Do you like using stop loss orders? Reversal Trading is a very elaborate kind of stop loss — one that uses the stop loss proceeds to accumulate more quote units while the market goes down.

What Reversal Trading actually does

RT is a stop loss process that uses the proceeds from the stop loss order to accumulate more quote units.

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Notice how step 3 significantly raises the amount of quote units owned, without investing more base.

Sounds good, are there risks involved?

Add complexity: triggers and trade types

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The complete process flow of Reversal Trading. I never said this was going to be easy.

RT Sell (essential)

RT Buy (essential)

RT Buyback (essential)

4. RT Sell Up (optional)

RT Buy Up (optional)

Why use these optional RT trade types?

Remember “RT hodling”?

Got it? Here’s more tips for using RT

If you liked this story, please feel free to waste 15–20 seconds to give it 50 claps.

Gunbot

Gunbot is an advanced trading bot for cryptocurrency…

Pim from Gunbot

Written by

Crypto trading automation nerd. Gunbot dev. Website: www.gunbot.com

Gunbot

Gunbot

Gunbot is an advanced trading bot for cryptocurrency exchanges. Use it to increase your trading profits, or automate parts of manual trading. Find us @ www.gunbot.com

Pim from Gunbot

Written by

Crypto trading automation nerd. Gunbot dev. Website: www.gunbot.com

Gunbot

Gunbot

Gunbot is an advanced trading bot for cryptocurrency exchanges. Use it to increase your trading profits, or automate parts of manual trading. Find us @ www.gunbot.com

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