Though at first glance they may seem to provide a straight-forward approach to forex trading, grid trading strategies are generally most suitable for traders with intermediate to advanced experience. That said, much depends on how your strategy is implemented; any strategy involving multiple concurrent or successive orders adds layers of complexity. Depending on the trading platform you are using for grid trading, you may be required to do some of your own calculations and planning before executing your first trade in a grid trading strategy. For instance, imagine you're holding a long position and have placed a sell order 25 pips above the current market price. You could then continue to add sell orders, each 25 pips higher than the last, creating a sequence of orders spaced 25 pips apart from the current price. Similarly, you might set a buy entry limit 25 pips below the current market price. You can follow this by placing additional buy limits every 25 pips below the previous one, forming a tiered structure. The challenge lies not only in determining the interval, but in ensuring that the position sizing for each trade will add up to a level that is ideal for your balance size and margin requirements. lightbulbRemember Each order in a grid trading strategy will commit margin, even if the order isn’t executed. If you place a bunch of grid orders above and below the market, you might tie up a significant amount of your available margin for your strategy. For these reasons, using some kind of trade calculator can be helpful. Whether you need to calculate the value of a pip for a specific trade size, simulate trading positions, or determine margin requirements, it's important to work out these values to ensure they align with your trading budget and forex account balance. My pip calculator and my lot size calculator can help you get started.