Started shorting $NEW with a grid bot 5 days ago, and I'm completely trapped 😭. Also trapped are $MYX.
As long as I manually open long positions for hedging arbitrage with the maximum position size, I swear, I haven't touched normal contracts for half a year.
I'm completely disillusioned with grid contract bots. If contracts could make so much money, why would anyone use grid contracts to take such a big risk and not even earn a few cents?
The funding fee has also been changed to once per hour, constantly paying fees.
I know the current operation is very risky, and I can only comfort myself that it's hedging. I probably won't be able to sleep tonight.
Let me get out of this trap!