What's the risk and runtime for Smart Picks?

Published on Sep 26, 2024Updated on Nov 3, 20243 min read8

What is Smart Picks?

Smart Picks is OKX’s innovative trading solution, designed like an e-commerce marketplace that aggregates the top-performing strategy across three popular trading strategies within OKX and executes it across 3 major tokens including $BTC, $ETH, and $SOL. This makes it easier for you to trade, no matter your experience level.

With just one click, Smart Picks uses AI to set up trades just like the pros. You can easily apply expert strategies even if you're new to trading. If you prefer more control, you have the option to customize the settings to fit your needs.

Smart Picks brings a new alternative to trading, allowing anyone to trade like a pro.

How do I use Smart Picks?

Smart Picks works like an online store for trading. It helps you discover the best strategy from three different styles and lets you apply it to any of the top three major tokens in one click. Whether you're a beginner or an experienced trader, Smart Picks organizes these strategies into simple categories to make trading more accessible.

We categorize the strategies into Swing Grid Bots, HODL Grid Bots, and Grid Sniper Bots, each showing key details like risk levels and typical runtime. This makes it easier to compare and choose the best strategy for your needs.

How does risk rating work?

We classify risk levels based on how much of your investment is in spot positions (Delta value). Here's a quick guide:

  • Conservative (Lower Risk): strategies like Arbitrage and Swing grid which have minimal risk (Delta < 0.05)

  • Balanced (Moderate Risk): strategies, such as HODL grid, Spot Copy Trading, yield hunter, etc, which have steady risk levels. (Delta = 1)

  • Aggressive (Higher Risk): strategies, such as Futures Copy Trading, which carry higher risks (Delta > 1)

Smart Picks simplifies choosing a strategy by offering clear insights into the risk and performance of each option.

What is Delta?

In trading, Delta refers to how much of your investment is exposed to changes in the market price of an asset. It’s a way to measure the level of risk or exposure in a particular trading strategy.For example:

  • If a strategy fully invests in spot positions, the Delta value is 1, meaning the strategy is directly affected by changes in the asset’s price.

  • A lower Delta (less than 1) means less exposure to market movements, which generally makes the strategy safer or more conservative.

  • A higher Delta (greater than 1) means more exposure to price changes, often through leverage, making the strategy riskier.

Delta helps you understand the potential impact of market fluctuations on your investment.

Disclaimer
This content is provided for informational purposes only and may cover products that are not available in your region. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold digital assets, or (iii) financial, accounting, legal, or tax advice. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. Information (including market data and statistical information, if any) appearing in this post is for general information purposes only. While all reasonable care has been taken in preparing this data and graphs, no responsibility or liability is accepted for any errors of fact or omission expressed herein. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service at www.okx.com.

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