风吹小雀飞
Open Trade
High-Frequency Trader
117 Following
187 Followers
220 Liked
26 Shared
Posts
Portfolio
All
Quotes
I have always been confused about the meaning of hedging. With a principal of 100u and 10x leverage, if I short 100u and long 50u for hedging, isn't it the same as directly opening a short position of 50u in terms of liquidation risk, funding costs, and profit? Hedging also requires paying an additional 2 transaction fees. What is the significance of this? Could someone please clarify my doubts?
$VVV
$VVV
Sourced by user sharing on Binance
To say it without exaggeration, I was beaten into a state of depression, I directly dare not open a single trade, shorting is a loss, going long is still a loss, my 500u principal has only 80u left
$FHE
$FHE
Wishes are not high, not seeking to get rich, just want to break even, it's hard for a novice who likes to short to get back on land!
$DUSK
$DUSK
$RIVER
Xiao Bai, may I ask, if I want to change to a two-way position mode and open both long and short positions, how will the system determine whether I am closing a position or adding to a position? For example, if I have a long position and the price drops, I want to add to my position to increase the opening price. If I click on 'buy', will the system close my short position?
Xiao Bai, may I ask, if I want to change to a two-way position mode and open both long and short positions, how will the system determine whether I am closing a position or adding to a position? For example, if I have a long position and the price drops, I want to add to my position to increase the opening price. If I click on 'buy', will the system close my short position?
$PIPPIN
I was just overthinking it. With the same magnitude, I thought that the money earned from shorting and going long would be the same, but after calculating, going long earns 10 times more than shorting. It seems that to get rich, one can only go long.
I was just overthinking it. With the same magnitude, I thought that the money earned from shorting and going long would be the same, but after calculating, going long earns 10 times more than shorting. It seems that to get rich, one can only go long.
$PIPPIN
Okay, I admit defeat, I closed my position. This scammer is really disgusting, I think it's the most disgusting I have ever seen. The opening price increased from 0.07 all the way to 0.3. In the meantime, I cut losses and reduced my position without losing much money. However, they charge fees every hour, averaging -0.5% in funding costs each time. It drained me for a whole two weeks, exceeding my position by 2 times. After the exchange adjusted the fee rules, they also cooperated with the scammer to harvest. After the fee rules were adjusted, the scammer doesn't need much capital to pump the market; they can exhaust the short sellers relying on the fees.
Okay, I admit defeat, I closed my position. This scammer is really disgusting, I think it's the most disgusting I have ever seen. The opening price increased from 0.07 all the way to 0.3. In the meantime, I cut losses and reduced my position without losing much money. However, they charge fees every hour, averaging -0.5% in funding costs each time. It drained me for a whole two weeks, exceeding my position by 2 times. After the exchange adjusted the fee rules, they also cooperated with the scammer to harvest. After the fee rules were adjusted, the scammer doesn't need much capital to pump the market; they can exhaust the short sellers relying on the fees.
$PIPPIN
Please don't come in empty, don't be fuel for the dog farm. My ant warehouse worth over 100u has been trapped for 7 days, and the fees have always been negative. I have already lost over 100u just in fees. Even if it crashes to 0.007, I won't even recover the fees. Now the fees are about to break -2, and the more people short, the less it will drop. It will keep consolidating to collect fees! This has been the pattern for over a week.
Please don't come in empty, don't be fuel for the dog farm. My ant warehouse worth over 100u has been trapped for 7 days, and the fees have always been negative. I have already lost over 100u just in fees. Even if it crashes to 0.007, I won't even recover the fees. Now the fees are about to break -2, and the more people short, the less it will drop. It will keep consolidating to collect fees! This has been the pattern for over a week.
Sourced by user sharing on Binance
The project party does not have the right to adjust; it is the exchange that adjusts, in order to work with the joint dogs to harvest users. I saw the announcement that Binance updated the rules in May of this year. Once the number of short sellers increases, the funding rate will be adjusted to be collected once an hour. Even if the liquidation price is stable enough, you won't get any meat, and the funding rate can also make short sellers suffer.
$TNSR When was the funding rate for this dog house adjusted? Why was so much funding deducted overnight?
If you lose, you blame the heavens, the earth, and the air. If all cryptocurrencies in the crypto circle only have a daily fluctuation of 1%-2%, how many people would rush in to do contracts? To put it bluntly, they just want to take a big bite of meat. Everyone hopes that the larger the fluctuations, the more they can win, even though I have lost several months' salary by now.
$AIA Binance should realize that it is bg manipulating the price, directly reducing the rate component of bg's new goods to 4%. In the future, it will be difficult for the dog dealer to manipulate the market in small exchanges. The recent demon coins myx, coai, and aia, if I’m not mistaken, are all likely initiated by bg officials, using spot trading to harvest large exchange contract users. However, Binance's reaction is too slow; they only realized it after their own users were exposed. Truly ridiculous.
In the middle of the night, I still faced liquidation. The hard-earned money I saved for over 4 months returned to 0 overnight. I suddenly feel so powerless and exhausted. I didn’t even dare to open a 2x position, just a little over 1x. I thought it was enough, but I still couldn’t withstand being chopped like leeks. Next, I don’t know whether to cancel my account and return to reality doing manual labor, or save money to continue trading contracts. It’s really not easy for leeks to turn their fortunes around!
$JELLYJELLY
$JELLYJELLY
Are there any short brothers left? I can hardly hold on
$jellyjelly
$jellyjelly
Pull me to the trending, let the dog dealer see, today it's either his death or my demise, seeking liquidation! $XPIN
Continuously increasing positions, held for two days, there are no signs of a drop, so tired, really want to cut losses, feel that the strong liquidation at 29 is also unstable $MLN
Login to explore more contents