I’m willing to post these three AKE trades because they’re far more honest than a line like “I’ve been seeing this for ages.”
On August 13rd, I went long twice: bought at 0.005991 and sold at 0.0060617 for +11.32U; bought at 0.0061337 and sold at 0.0061852 for +7.36U. The next day, the price nearly doubled again, and I did one more trade from 0.011242 to 0.0113319 for +6.80U.
In total, the three trades added up to +25.48U—not exactly a world-shaking profit. But there’s a detail: the higher the price went, the smaller my position size became—from 163,200 AKE down to 86,300. By the time of the third trade, over the past 24 hours AKE had already risen by about 72%. The contract position value over that same 24 hours increased by about 54%, yet the long-to-short account ratio on the whole network was only 0.40—there were way more shorts. A squeeze can continue, and a reversal kill later can happen quickly too.
I trade volatility, not faith. When it pumps, it’s too easy to claim you understood the project all along. The real skill is whether you can reduce your position size as it gets crazier and crazier.
For this kind of strong coin, would you choose to follow the trend with a light position, or wait for the first big pullback?
$AKE #交易复盘
On August 13rd, I went long twice: bought at 0.005991 and sold at 0.0060617 for +11.32U; bought at 0.0061337 and sold at 0.0061852 for +7.36U. The next day, the price nearly doubled again, and I did one more trade from 0.011242 to 0.0113319 for +6.80U.
In total, the three trades added up to +25.48U—not exactly a world-shaking profit. But there’s a detail: the higher the price went, the smaller my position size became—from 163,200 AKE down to 86,300. By the time of the third trade, over the past 24 hours AKE had already risen by about 72%. The contract position value over that same 24 hours increased by about 54%, yet the long-to-short account ratio on the whole network was only 0.40—there were way more shorts. A squeeze can continue, and a reversal kill later can happen quickly too.
I trade volatility, not faith. When it pumps, it’s too easy to claim you understood the project all along. The real skill is whether you can reduce your position size as it gets crazier and crazier.
For this kind of strong coin, would you choose to follow the trend with a light position, or wait for the first big pullback?
$AKE #交易复盘