Q: Why does my strategy always lose money initially? Will it keep losing if the market continues to decline?
A: The Spot Martingale strategy works by buying more assets as prices fall, thereby lowering the average cost. This means that initial losses are expected as part of the strategy. When the market rebounds, the strategy will sell to take profits. In a persistently declining market, the strategy acts like buying the dip in stages, leading to temporary floating losses. These losses will convert to profits when the market rebounds and the assets are sold automatically.
Q： Can I set a stop loss for Spot Martingale?
A： Yes, you can set a stop loss to protect your assets. When the asset price falls below the stop loss price you set, the strategy will automatically sell the assets using limit orders.
Q：Could the trading fees exceed the profits?
A： No, they won't. The Spot Martingale strategy automatically takes trading fees into account when selling, ensuring that fees do not exceed profits. However, it is still recommended that you set the "Price Deviation" for DCA orders to be greater than your spot trading fee.
Q： When configuring parameters for Spot Martingale, how should I choose between "Recommended," "Customize," and "Manual Modification" features?
A： If you are a novice, it is recommended that you use "Recommended" parameters. The system will perform backtests for "HODL", "High-risk Arbitrage" and "Low-risk Arbitrage" modes based on the historical data of the past 7 days and 30 days, and automatically calculates the best parameters with the highest yield, including price deviation for DCA orders, Max DCA orders, TP target per cycle, and amount multiplier. Users only need to select the investment amount (which must be at least the minimum required).
If you are an experienced trader, you can use "Customize" to manually configure the parameters according to your needs.
If you are a professional trading user with extensive experience with Martingale strategies, you can use "Manual Modification" for strategy configuration.
Q：Is there a limit on the cycles of trades that Spot Martingale can execute?
A：There is no limit on how many trades the Spot Martingale strategy can execute. The strategy will keep running as long as there are enough funds in the account to meet the minimum investment amount required by the parameters. It will only stop when the user decides to terminate it.
Q： Does the Spot Martingale support profit reinvestment? Does it support profit withdrawal?
A：The Gate Martingale bot can automatically reinvest profits to help you earn compound interest, but it does not allow you to withdraw profits at this time.
