Daily Updates on July 7, 2025
Hey! Hello everyone, it's me again, the one who's inexperienced and greedy, and has lost a lot, talking big and deceiving again!
1. Today's 262,144 trades (18 minutes), alpha trading volume 280,364.94, loss 43.14U (balance before - balance after), still all in exchanges, competition currencies, small amounts within 1k capital. Another day of severe losses... sigh! 😭
2. Today's $CARV submission, it's the last day of compensating for losses, again hovering at the borderline of the cut-off volume, so frustrating! To be honest, I haven't performed well in these two rounds of trading competitions, there are reasons for the increased difficulty, but ultimately it's still my lack of skill, I need to practice more!
Now, the strategies of the market makers in trading competitions are getting more and more varied, it's really tricky.
Looking back at this round, it started by driving up the price of $BULLA, making everyone feel its high value, many participants, and easy to trade, concentrating all the early volume builders on $BULLA;
Then, once the volume was sufficient, guess what? Contracts were issued! All the early volume traders ended up overshooting, the reward value decreased, and net profits dropped significantly;
Finally, they flipped and pushed $CARV up, swapping potential value with BULLA. Want to chase CARV's volume? Sorry, it’s already hard to trade, to make up for the volume you have to bear large losses and harvest one more wave. 👍
3. The next round of trading competitions are $REKT closing on Saturday (12th) night; $FUEL closing on Sunday (13th) night; and $BGSC closing next Tuesday (15th) afternoon. As the old saying goes, friends participating in trading competitions should formulate strategies in advance, trade early if the conditions are right, and it’s better to leave some redundancy; redundant losses won’t be greater than the losses incurred by compensating on the last day. 🤣
That's it, wish you well, may your account flourish
