The MERL trading competition ends at 17:00, and with more than an hour left until the end, it has already dropped 10% from the high point. Those who are shorting have also rolled up; initially, I wanted to short in the last half hour, but now it seems unnecessary.
Families of those who trade MERL, please get ready to short and pick up money!
1. The MERL trading competition ends today (June 3) at 17:00 2. Based on past experience, there will definitely be a significant drop after stopping the trading 3. Currently, the price difference between MERL contracts and spot on Binance has exceeded 2 points, and the short sellers are very strong
Double profits from one fish is very enjoyable
At the same time, I remind everyone to be careful not to trade in a downward channel. The current cryptocurrency price is highly volatile; if you really canāt keep up, then let it go to avoid losing big for small gains
225 points will be the daily routine of Alpha in the future!
Alpha's future score will stabilize at the 225 points level, calculation logic:
1. Cost 1. If the studio starts an account, the balance is 1000u level, 2 points/day 2. Trading volume brushes the 15 points level (brush 16384u, bsc doubles), average wear and tear 4~5 u/day 3. Accumulate 255 points in 15 days, with a cumulative wear of 60~75u
2. Revenue According to the past 3 periods, each period is valued at 70-80u, gradually decreasing (today's EDGEN is only less than 30u), a one-time accumulation of 15 days revenue 1. 240 points threshold, redeem once, 70~80u 2. 225 points threshold, redeem twice, 140~160u
3. Conclusion 1. If only redeeming once in 15 days (marginal profit is 0), the score line should be at 240 points 2. Considering unexpected losses from price fluctuations, operating costs, and other expenses, 225 points should be the survival line for most studios and small accounts to exit
4. Suggestions 1. Increase balance points, after exceeding 15 points, continuing to brush trading volume will no longer generate new profits 2. The dozens of u profits that you all look down upon are astronomical figures for older people, so please be rational in the competition