Whale "Set 10 Big Goals First" Sharing Trading Strategy: Short at Spot Price in Case of Sharp Rise without Extreme News, Long at Spot Price in Case of Sharp Drop

BlockBeats News, April 8th, Contract Whale "First Set 10 Major Goals" (@Jason60704294) stated that, sharing a simple and unpretentious trading strategy: In the absence of extreme news events, when the market quickly rises by 5% to 10%, go short at the spot price; when it drops by 5% to 10%, go long at the spot price. This strategy can cover the vast majority of situations, but extreme news events and well-known one-sided trends should be excluded, looking for the essence from the phenomenon.

This morning, Contract Whale "First Set 10 Major Goals" closed the long positions. According to the shared position chart, this time a 4x leveraged long position on BTC yielded a profit of $12.12 million, and a 2x leveraged long position on ETH yielded a profit of $728,000.

BlockBeats reminds users that contract leveraged trading is extremely risky, cautiously try others' trading strategies, properly manage positions to ensure asset security.