Grinding entries at almost the same price

[Mo7mud]

Is this normal?

This is Storj/Usdt

The 3 grinding entries are almost at the same price.
This led to more lose on price drop and draining the balance at the same area of price.

[iterativv]

This is 120 trade or X5 ? It can be normal yes, that is the v1 grinding system. If X6, used for 120 trades.

[Mo7mud]

It's a manual entry with X6.
It using V1 but I think this is not good, as you see all trade stake went in 1 price area so there is no stake left to DCA when the price dropped.
How does V2 work?

[iterativv]

V2 is the current, there are some extra checks to space the grinds, plus the first entry for each grind is smaller too. Anyway, STORJ is higher, last I checked it was higher than all these entries.

[Mo7mud]

last I checked it was higher than all these entries.

On Binance?
I don't think so, it didn't go higher at all

[iterativv]

OK, is holding all right, I don't think it's an issue for the specific trade. Well, I see there is space of 12 hours, at least there. One idea for v1 grinding (120 trades) is to either let 24 hours to pass or -2% lower. Going to implement it in a bit.

[iterativv]

Note, the update is done.

[Mo7mud]

Thank you very much, I'll update and test.
Yes it's not a trade specific issue because there are other trades that gone the same way.

[Mo7mud]

I think it would be better to check for price change rather than time passed.
In a sideways market time is not a good measurement.
And 24 hours is a long period for grinding entry and it could lead to opportunity mess if price dropped in that time.

or -2% lower.

I thought you will go for % change not 24h check.

I'm already complaining from slow grinding, this will cause it to last forever to recover a losing trade.

[iterativv]

There is that too, these are extra checks, because there are several queues. But there are multiple checks. This is just one of those.