Use Backtesting: Utilize AstraBit’s backtesting tools to refine your trading strategies. This allows you to test your bot's performance against historical data and make data-driven adjustments.
Scalping and DCA Strategies: Configure specific strategies like scalping and Dollar Cost Averaging (DCA) to capitalize on both short-term market movements and long-term investment approaches.
Set Realistic Stop-Loss and Take-Profit Levels: Ensure that your risk management parameters, like stop-loss and take-profit levels, are well-calibrated to match your trading goals.
Using these tips, you can maximize the effectiveness of your trading strategies on AstraBit and take full advantage of its automation and analytical tools. This approach will help you optimize your trading performance and manage your account more efficiently.