Quote Originally Posted by Alexander Tatsumaki View Post
that's not a profitable grid setup. i think you might want to search the web again for how to really do it. what do you hope to expect by placing orders like that? the only thing that will happen is fills with very high margin cost on one side and then eventually drawdown because no protection. or do you have it?

also let me say this again. grid trading is banned on many brokers, it's also banned on many ****** providers. just a heads up.
yes bro, i think you are right, the margin cost will be higher , and when there is likely news all could even be in ,loss because there is no protection on the trades, have seen situation where i tried to do something similar to that but in a all eventually end up in loss because the price triggered my entry and eventually did not hit my tp before moving downward and triggered the sell stop and still move back to its initial point