Dual Currency Profit Record Day8 ✅
Yesterday on 5/8 I was exercised, it was a shock. Today out of 10 transactions only 1 was exercised, with total interest ≈ 51.4U.
Why such a big change? After experiencing the hit yesterday, I did one thing: I lowered the exercise price overall.
BTC was lowered from the previous range of 71000-73000 to 67000-69000, and ETH from 2150-2250 to 1975-2050. Today's BTC settlement price is 70767, and ETH settlement price is 2148, with most exercise prices below the safety line.
The only transaction that was exercised had an exercise price of BTC at 71500—because this transaction was placed the day before yesterday and I hadn't had time to adjust it.
What Day7 taught me about being exercised: After being hit, you can't just feel sad; you need to immediately review and adjust your strategy. Lowering the exercise price may reduce the annualized return a bit, but it significantly enhances safety. Today's results validated this idea.
After 8 days of dual currency trading, I experienced the positive feedback brought by "strategy iteration" for the first time.
How do you generally adjust after being exercised? Share in the comments below 👇