CLOSE THE DEAL $IOST +23.7K$ -> TRANSFER CASH TO $LSK !
🔥After 3 days of holding a Short order on IOST/USDT (Cross 4X), extremely well-balanced, I’ve officially closed the position with huge profit +140.80% PnL (+23,708 USDT)! 💰✨
However, because the Funding Rate has been extremely negative for the past few days, I had to pay almost $10,000 in funding fees to the exchange. Even though I got a big PnL, the fee amount is still heartbreaking! 💸😭👉
Next tactical plan with $LSK :Close IOST immediately to cut the fee-loss chain and rotate the cash flow into Long LSK.Advantage: LSK currently has a positive Funding 👉 Get full benefit from both the price increase PnL and the regular Funding payments every cycle!
Capital allocated: For now, lead in with a 50,000$ position to probe the wave.
DCA plan: If the market has a wick-sweep move down to 0.5$, we will continue adding DCA with a stronger position size.
Target (TP): Expect this move to go straight up toward the previous peak area around $2.3 🚀Optimizing cash flow while doubling up on both PnL and Funding! What do you think of this capital plan? 👇#BinanceSquare #IOST #LSK #CryptoTrading. #FutureTarding
🔥After 3 days of holding a Short order on IOST/USDT (Cross 4X), extremely well-balanced, I’ve officially closed the position with huge profit +140.80% PnL (+23,708 USDT)! 💰✨
However, because the Funding Rate has been extremely negative for the past few days, I had to pay almost $10,000 in funding fees to the exchange. Even though I got a big PnL, the fee amount is still heartbreaking! 💸😭👉
Next tactical plan with $LSK :Close IOST immediately to cut the fee-loss chain and rotate the cash flow into Long LSK.Advantage: LSK currently has a positive Funding 👉 Get full benefit from both the price increase PnL and the regular Funding payments every cycle!
Capital allocated: For now, lead in with a 50,000$ position to probe the wave.
DCA plan: If the market has a wick-sweep move down to 0.5$, we will continue adding DCA with a stronger position size.
Target (TP): Expect this move to go straight up toward the previous peak area around $2.3 🚀Optimizing cash flow while doubling up on both PnL and Funding! What do you think of this capital plan? 👇#BinanceSquare #IOST #LSK #CryptoTrading. #FutureTarding
