Binance Square

OldRichTrader

High-Frequency Trader
8 Years
0 Following
1.7K+ Followers
4.7K+ Liked
539 Shared
Posts
PINNED
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The target yield on the third account has been achieved (+100%). The account is closed. By the way, there were no copy traders on it. I worked alone, and there were no willing subscribers. In total, over one and a half months, 3 lead accounts have been closed: on the first, the profit was +137%, there were 7 copy traders, but only three made it to the finish. On the second, due to a drawdown, I had to top up the account, but in the end, I ended up in the plus in terms of money, although when I closed it, the yield showed -33%. And the third account is +100%. A question to everyone: should we continue the theme of copy trading, and if so, in what format? I understand that everyone wants stability, so that money trickles in every day and there's no need to top up the account, but so far it hasn't worked out that way, although I am working on it. Thank you in advance for the feedback.
The target yield on the third account has been achieved (+100%). The account is closed. By the way, there were no copy traders on it. I worked alone, and there were no willing subscribers.

In total, over one and a half months, 3 lead accounts have been closed: on the first, the profit was +137%, there were 7 copy traders, but only three made it to the finish.

On the second, due to a drawdown, I had to top up the account, but in the end, I ended up in the plus in terms of money, although when I closed it, the yield showed -33%. And the third account is +100%.

A question to everyone: should we continue the theme of copy trading, and if so, in what format?

I understand that everyone wants stability, so that money trickles in every day and there's no need to top up the account, but so far it hasn't worked out that way, although I am working on it.

Thank you in advance for the feedback.
PINNED
One of the useful parameters in the futures market that I try to monitor regularly is related to funding #FundingRates We all know how unpleasant it is to discover that after opening a short sale, the exchange has raised fees to a maximum of 2%, and also changed the withdrawal interval from 4 hours to 1. Most often, this happens due to an imbalance between buyers and sellers during a sharp increase in the price of the coin. This week, such a surprise was given by #RIVERUSDT 😭 Therefore, before opening a position, you can go to the futures tab, click on the coin name (top left), and in the opened list of available coins, sort them by funding from the most negative (shorts pay longs) to the most positive (longs pay shorts). Look at the screenshot if something is unclear. At the moment, the maximum funding for short sellers on the coin is #lptusdt (again, see the screenshot). Maybe I'm Captain Obvious right now. But just in case someone didn't know and hasn't used it ☺️ {future}(LPTUSDT)
One of the useful parameters in the futures market that I try to monitor regularly is related to funding #FundingRates

We all know how unpleasant it is to discover that after opening a short sale, the exchange has raised fees to a maximum of 2%, and also changed the withdrawal interval from 4 hours to 1.

Most often, this happens due to an imbalance between buyers and sellers during a sharp increase in the price of the coin. This week, such a surprise was given by #RIVERUSDT 😭

Therefore, before opening a position, you can go to the futures tab, click on the coin name (top left), and in the opened list of available coins, sort them by funding from the most negative (shorts pay longs) to the most positive (longs pay shorts). Look at the screenshot if something is unclear.

At the moment, the maximum funding for short sellers on the coin is #lptusdt (again, see the screenshot).

Maybe I'm Captain Obvious right now. But just in case someone didn't know and hasn't used it ☺️
Despite the current negative result, I consider this coin promising for purchase and plan to hold it as long as necessary. #PTBUSDT $PTB
Despite the current negative result, I consider this coin promising for purchase and plan to hold it as long as necessary.

#PTBUSDT $PTB
PTBUSDT
Opening Long
Unrealized PNL
-267.83USDT
Yesterday, I closed quite a few deals and increased the deposit by 50%. This time, I worked without copy traders (you can check the statistics for past accounts at [здесь](https://www.binance.com/ru/square/post/35285311110426)), as it is technically impossible to create an account due to a bug in the application that they promised to fix with the update. It's sad to see what the cryptocurrency market has turned into. It is necessary to work in scalping mode. The movements are erratic, chaotic, the volatility is sometimes there, sometimes not. It's not surprising that people are leaving and not in a hurry to return. Earning money has become very difficult. Some will say that one should work in spot trading. I will give an example (I won’t point fingers at their politeness). One unfortunate copy trader, who actively writes in the square, glorifying technical analysis, lost the deposit on futures. It happens to everyone, I do not judge. After the loss, he decided to form a portfolio in the SPOT market for his investors and selected the best coins. The result: a minus of 70% at the moment. ps. TA and FA are merely AUXILIARY tools; regarding them as a panacea is a sign of a small mind.
Yesterday, I closed quite a few deals and increased the deposit by 50%. This time, I worked without copy traders (you can check the statistics for past accounts at здесь), as it is technically impossible to create an account due to a bug in the application that they promised to fix with the update.

It's sad to see what the cryptocurrency market has turned into. It is necessary to work in scalping mode. The movements are erratic, chaotic, the volatility is sometimes there, sometimes not. It's not surprising that people are leaving and not in a hurry to return. Earning money has become very difficult.

Some will say that one should work in spot trading. I will give an example (I won’t point fingers at their politeness).

One unfortunate copy trader, who actively writes in the square, glorifying technical analysis, lost the deposit on futures. It happens to everyone, I do not judge. After the loss, he decided to form a portfolio in the SPOT market for his investors and selected the best coins. The result: a minus of 70% at the moment.

ps. TA and FA are merely AUXILIARY tools; regarding them as a panacea is a sign of a small mind.
B
PTBUSDT
Closed
PNL
+128.14USDT
#QUSDT turned on the printing press - it's no surprise that the price is falling. On the other hand, they may try to raise the price by using emission. I bought it, let's see the result $Q
#QUSDT turned on the printing press - it's no surprise that the price is falling. On the other hand, they may try to raise the price by using emission. I bought it, let's see the result
$Q
Closed #CFGUSDT with a small profit, decided not to wait it out, didn't even wait for the funding, which is now +1% for longs. I hold a couple of anonymous coins, but currently at a loss. #DASHUSDT #ZECUSDT
Closed #CFGUSDT with a small profit, decided not to wait it out, didn't even wait for the funding, which is now +1% for longs.

I hold a couple of anonymous coins, but currently at a loss.
#DASHUSDT #ZECUSDT
B
CFGUSDT
Closed
PNL
+79.00USDT
I expect to see the greatest correction in the gold (and silver) market #PAXGUSDT + #XAUUSD There is a high probability that capital, against the backdrop of the conflict between the USA and Iran, will shift to oil from the extremely overbought metal. I wouldn't be surprised if the target of $4300 is reached in a couple of days from the current insane $5600-5500 {future}(PAXGUSDT) {future}(XAUUSDT)
I expect to see the greatest correction in the gold (and silver) market #PAXGUSDT + #XAUUSD

There is a high probability that capital, against the backdrop of the conflict between the USA and Iran, will shift to oil from the extremely overbought metal.

I wouldn't be surprised if the target of $4300 is reached in a couple of days from the current insane $5600-5500
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