“ALPHA Aerospace Force” Real Challenge!
Day Eight!
Currently shorting seven tokens: $SYRUP $B $HYPE $PUFFER $PORT3 $1000000BOB $HOME
Principal 800U, margin of 100U for each token (increase position as needed) with three times leverage!
Yesterday's $RESOLV was not shorted, forgot that there were two tokens on contract yesterday, narrowly escaped!
Principal: 800
Current profit taking: 554.62U,
Unrealized profit and loss: 29U
Update on experience and advice:
1. $RESOLV has basically no spot buyers, with a trading volume of only 20 million, while the contract trading volume is 1 billion, the contract trading volume is 50 times that of the spot market, the market maker has no burden in pulling the price, just trade the contracts up and down, I have placed a high order of 0.385 for this token today, to see if I can catch it.
2. Recently, $ETH has the potential to break 3000U, so we need to be cautious when shorting new tokens, do not short those with high funding rates, do not short those that settle every hour, do not short those with low spot trading volume, or take light positions for shorting, and be ready to stop losses!
3. $BOB after taking profit yesterday, has shorted back again, this volatile token has too many trapped positions and still needs to drop!
4. $HOME did a short position last night, later placed an order at 0.0258, woke up this morning to find it had risen, did not reach the stop loss, so I added 150U to the position!
5. $HYPE also added 200U, the purpose of adding positions is to lower the average price, the long and short positions for this token are imbalanced, with long positions at 60.72% and short positions at 39.28%, which is why I added to the position
