Buckets Calculator for Traders
"Bucketing" is a strategy commonly used in stock, forex, and cryptocurrency trading. The idea is to place multiple limit buy orders at different price levels as the asset's price is falling. These levels are referred to as "buckets." This strategy can be particularly effective in markets where you anticipate a recovery after a dip, and it allows you to accumulate positions at different price points. This method works well in volatile markets where price movements are significant.
Benefits of the Method:
- Dollar-Cost Averaging: This method can average out your purchase price, especially in a volatile market.
- Reduced Risk: By not going "all-in" at a single price point, you reduce the risk of mistiming the market.
- Profit Potential: As the price rises, each filled bucket (lower price level) will be in profit, maximizing your returns as the market recovers.
This calculator uses the logically rounded Fibonacci golden ratio to allocate funds across buckets with the idea that the larger allocations are reserved for lower price levels (where the asset is more likely to rebound). The background wallpaper changes randomly each time you launch the app, there are hundreds of beautiful wallpapers.
- Incredibly simple and fast to use!
- Translated to 16 languages!
- Press "?" to read more explanation on how to use this strategy!