Why the same coin may sometimes have opposite strategies in live trading, public-domain, and private-domain setups
First, let’s talk about live trading. Live trading is a strategy in research; it is not complete and can be understood as a house under construction. Sometimes it may be based on opening and closing positions according to indicator A, sometimes indicator B, and sometimes simply my subjective view of price rising or falling. In the end, it will evolve into an operating manual that can be described by code and has gone through backtesting from January 1, 2019 to the present across bull and bear markets, and then I may use Binance’s API to turn it into automated trading. Second is the public-domain strategy, which is a strategy specifically designed for ETH when market conditions may change. Its characteristics are a low win rate, low frequency, and a high risk-reward ratio; it is a very typical futures strategy. Its position-opening amount is N factorial multiplied by 1000 multiplied by 5, and the value of N is obtained by taking the integer part of the current account funds divided by 1000. For example, if my copy-trading account currently has 4545U, then N is 4545 / 1000 = level 4, and then 4*1000*5=20000U.
Wasting no effort, people like this “hawk” genius can write down an amount that’s more than what ordinary people can only dream of. But how many people like someone like “Hawking” are there? @熬鹰资本 #熬鹰资本
The third time of chasing the empty position is hanging on the halfway up the mountain, one time, two times, three times, there shouldn't be a fourth time. $BTC
First, remove the increased leverage and keep the original 3x leverage. Previously, I lost 1650u when I liquidated my position completely. Around 73700 is still a strong support; if it drops, I will short again. This time, if I can short again, it shouldn't affect me anymore.
Very disappointing, I raised the leverage too early yesterday, and now it has bounced back. First, I'll close the part where I raised the leverage. Back to 3x leverage. The position that was mistakenly closed earlier probably lost about 1650u. The current cost is approximately 70632
Damn, I accidentally closed the position. I quickly opened a short position again, going all in with leverage for a short-term trade. The previous position closed with a loss of 1600u.
Really dawdling, the support at 70700 is still somewhat useful. It has held several times, I'm too lazy to operate back and forth, let's just hold the short position a bit longer.
Ha ha, I'm here to short again. The 74500 I placed before didn't get executed, and with today's trend, I directly added a short position of 10000u at 71600, currently with 3x leverage
Pretty fast, just after sending the 5000u near 71400 to close, it dropped to this level. The 4-hour level drop here determines where I will place the high short position.
It might be near 72400, it might be near 74400, or I might add to both places.
Great, I sold 5000u this morning and bought it back. Continuing with 2x short. Around 71400, we can consider selling this part of the position, and then buy it back around 72400. $BTC
71509 has closed the short position opened near 72500, and then continues to place a short position near 72300. If you're bearish, go short; otherwise, what else to do?