Recently closed my RAVE grid position. The price has already jumped out of the 0.31 range, and the large fluctuations up and down caused the grid to be trapped, and the short position was also stopped out.

The reason for exiting early yesterday was mainly because the order book was too thin, and I didn't want to bear the risk of negative fees, plus there was a risk of accumulated orders being wiped out. So I decisively closed part of the contract.

From the operational details, each time I buy with the spot wallet between 0.16 and 0.26, then short at 0.71, place a grid short at 0.66, and finally be forced to exit at 0.33. Although the return didn't meet expectations, the rhythm was basically on point.

Looking back at this series of trades, there are two main considerations: First, the market environment in early December was quite poor, with the minimum precision of contract order books often fluctuating in single digits, and various contracts showing exaggerated trends, so I didn't dare to take too large a position; second, RAVE is quite active in the DEX ecosystem and also participated in the Boost program, which means there might be expectations on spot prices, so risk management still needs to be cautious.

Because of these considerations, I kept the initial position relatively conservative. Although the returns were average, from a risk management perspective, it was still acceptable.

The biggest feeling I have about the grid strategy is that it’s hassle-free. It won't be forced to close just because fees suddenly rise. As long as there is a fundamental expectation to support it, confidence in holding is enough. Later, I also plan to try the grid method on other newer tokens to see if I can find more suitable parameter combinations.