đ„ $ONG STILL LONG â THE FUNDING GAME CONTINUES!
I kept this position open yesterday for one main reason: hourly funding income. đ°
So far, the funding has continued, meaning the position is generating income while it remains open. But there is one thing traders must remember:
â ïž Funding profit does not guarantee total trade profit.
The final P&L will depend on: âą Funding earned đ°
âą Price movement đđ
âą Trading fees
âą Exit timing
$ONG has also been extremely volatile recently, following a major rally and sharp pullbacks, so risk management remains essential. ïżœ
sonarcast.app +1
The real question is: will the accumulated funding + final price movement turn this into a winning trade? đđ„
#ONG #cryptotrading #FundingRates #BinanceSquare #trading
I kept this position open yesterday for one main reason: hourly funding income. đ°
So far, the funding has continued, meaning the position is generating income while it remains open. But there is one thing traders must remember:
â ïž Funding profit does not guarantee total trade profit.
The final P&L will depend on: âą Funding earned đ°
âą Price movement đđ
âą Trading fees
âą Exit timing
$ONG has also been extremely volatile recently, following a major rally and sharp pullbacks, so risk management remains essential. ïżœ
sonarcast.app +1
The real question is: will the accumulated funding + final price movement turn this into a winning trade? đđ„
#ONG #cryptotrading #FundingRates #BinanceSquare #trading
