$SOL Weekly Report #2: Capital Injection, Short Gains, and Plan in Motion 📊🚀
Here’s this week’s update from my long-term log with Solana (SOL). The market keeps moving, but we're executing the plan with cold mathematical precision.
This week, the plan worked out perfectly. I managed to inject the $40 I had planned into Binance, but with an excellent bonus: I closed my medium-term Short position with a net gain of $10! 💰 That $10 is already added to the capital I injected this week. This is how you profit from the market while it dips: using Short gains to bolster the main Long position.
By transferring this capital to the position, check out the immediate impact on risk management (as seen in the screenshot):
1️⃣ My entry price remained solid at $93.05
2️⃣ I sank my liquidation price down to $45.658.
Currently, the main position is showing a -16.01% ROI (-0.33 SOL) with the mark price at $85.61.
What’s my action plan for the coming days?
I plan to take this strategy to the next level of security: my short-term goal is to inject more margin to lower my liquidation price to $30. I want to leave the position fortified against any historical drops.
Once the liquidation is secured at that basement level of $30, I’ll play with the numbers smartly: my plan is to inject more capital into the trade to increase position size and earn more, allowing the liquidation to rise just $10 more, effectively regulating it back to a fixed $40. This way, I boost my potential gains while keeping the risk extremely controlled and far from the current price.
The golden rule remains unchanged. I don't panic over daily fluctuations; I play with the math and margin in my favor.
See you in the next report this weekend. Leave your questions or how your accounts are doing in the comments! 👇