1.What is Futures Martingale?
Futures Martingale is a trading bot that can help users reduce the average cost of long or short trades in volatile markets.
After selecting the long/short direction, you can set the parameters such as leverage and the initial order amount to trade in the Futures markets. If prices move against your position, the Futures Martingale bot will increase investment to increase your position, therefore reducing average cost. Once the market rebounds, the coins bought earlier will be sold at once to take profit. Unlike Spot Martingale, Futures Martingale supports long or short trading and customizable leverage, providing investors with more trading methods to gain profits.
2.Explanation of Futures Martingale Bots
Advantages
If you believe a certain crypto will continue to fluctuate in the long term, you can choose the Futures Martingale Bots, which offers the following advantages:
1.Both Long and Short Trading: the Futures Martingale supports long and short positions, making it suitable for bullish and bearish markets.
2.Support Margin Trading: The Futures Martingale allows for leveraged trading, enabling users to maximize capital efficiency and profit potential with a small initial investment. It is suitable for users with varying risk preferences.
3.Flexible Parameter Settings and Controlled Risks: users can customize parameters according to their needs to maintain risk within manageable limits.
Disadvantages
1.When the market price deviates significantly in the opposite direction of the trading position, the bot’s position may incur floating losses and even face liquidation risks. Therefore, it is recommended that users manage stop-loss prices effectively for the bot.
2.As the Futures Martingale continues to run, positions will gradually increase, thereby increasing risk. Users should control the price proportion and multiplier of adding positions to prevent overly large positions caused by frequency and excessive increase in positions, which could ultimately increase liquidation risk.
3.During the operation of the Futurs Martingale Bots, if unexpected events, such as currency delisting or market suspension, occur, the Bots will automatically stop.
4.During the Futures Martingale’s operation, the bot will settle funding fees on a scheduled basis according to the current Futures market’s fee rules.
5.If the profit-taking ratio of each round of the Futures Martingale exceeds the maximum price deviation ratio of the current Futures market, the profit-taking order will wait for the Futures’ mark price to move to an appropriate position before placing the order.
3.How to Create/Terminate Futures Martingale
3.1 How to Create a Futures Martingale Bot
There are two methods:
1.Follow a bot provider/Copy a backtesting bot: In the Recommended section, you can filter out top performers or backtesting bots and follow a provider or copy a bot to trade.
2.Customize your own bot: Based on your judgment of the markets, you can choose to open a long/short position and then customize parameters such as leverage, the amount of initial order, and price deviation.
Tips: The more DCA orders and investments, the larger your position and the higher the liquidation risk.
Creation Process
Web:
Bots - Create a Bot - Recommended - Future Martingale - Configure Parameters - Create
App:
Bots Homepage - Create a Bot - Futures Martingale - Configure Parameters - Create
3.2 How to Terminate a Futures Martingale Bot?
You can terminate Futures Martingale at any time. Please note:
1.Futures Martingale should be terminated timely when a coin is in a one-sided market.
2.Futures Martingale is suitable for medium to long-term volatile markets, so there may be floating losses in the short term as the price has not reversed yet. Please monitor the market trend to invest with caution.
Gate reserves the final right to interpret the product. For further assistance, please visit the Gate official support page or contact our customer support team.
