Hello there,
I am new to using RoyalQ and am looking to enhance my trading strategies to maximize returns. I have been exploring the platforms features and trying to fine; tune my approach, but I am seeking advice from more experienced users.
What risk management techniques do ;you find most effective? Are there specific settings or adjustments that have helped you mitigate losses and enhance profitability?
How do you choose which trading pairs to focus on? Are there any indicators or metrics you use to determine potential profitability?;
Are there any advanced settings or custom strategies that you have implemented that have yielded signific;ant improvement;s? How do you balance between risk and reward?
What are some common mistakes to avoid when setting up or tweaking the bot?
Also, I have gone through this post; https://royalq.io/hidden-facts-about-royal-q-trading-bot-aws-devops/ which definitely helped me out a lot.
Thank you in advance for your help and assistance.