GateUser-d1866491

Position management and trading discipline are the rules for survival!
Recently, I’ve been hedging with a few group friends, covering fees/spreads, and I’ve been on RAVE these days.
From day one, we repeatedly emphasized: plan your hedge positions, follow trading discipline, set proper take-profit and stop-loss levels, never gamble on the direction, and close positions promptly.
We review our trades every day, and every day we say, we’re here to arbitrage, not to gamble.
Today marks about three weeks of playing, and the most impressive is M’s three-week return reaching 50%.
But last

Is everyone like this too?
Idle funds lying around, unwilling to go anywhere?
Recently, I've been moving funds back and forth between exchanges and hardware wallets.
I want to convert some funds into stablecoins on exchanges to earn interest, but the interest rates are too low, and redeeming is troublesome or costly.
I want to move some on-chain to earn interest, but I'm very afraid of security issues.
Although I haven't tracked the situation over the past few months, it seems like every week there’s a protocol being liquidated, every week a project gets hacked, and they’re not small

There are so many opportunities today~
This morning, USDD redemptions were squeezed, causing panic and on-chain de-pegging; buying it was a profit.
At noon, DOT was hacked, and the on-chain price was hammered nearly to zero; buying it was a profit.
In the afternoon, ARIA cross-exchange contract spread was 30%; hedging was a profit.
What about tonight? Are there still opportunities tonight? 🫪

Why does it seem like everyone is expecting WLFI/USD1/DOLO to have a problem?
Everyone wants them to have an issue so they can profit big from it? 🫪

Just getting started with options, have questions if you don’t understand?
The day before yesterday, when Bitcoin was at $67K, I sold put options at $62K and $60K respectively. At that time, the put options were priced around 1050 and 750.
My original plan was: if it drops below $62K and $60K, I would buy the dip and also collect premiums as interest, with an annualized return of about 15%.
But this morning, Bitcoin rose to $69K, and the option prices dropped to 720 and 480.
Now, the profit from closing the position is as high as 35%!!?
These options are a bit too effective—did I miscalculate,

Drift announces: I have provided advice to project teams, and the teams have met in person. Projects with deposits over 1 million will be stolen. 🤡

The group's "Six No's of Funds"：
1/ No onshore storage, because you could be asked to explain your source of funds at any time;
2/ No offshore storage, because they might run away someday;
3/ No on-chain storage, because it's vulnerable to theft;
4/ No off-chain storage, because the source of funds isn't clear;
5/ I don't store what others recommend—if it's good, why not keep it myself?
6/ I don't store what I recommend—if it's good, why should I recommend it?
After thinking it through, it seems there's nowhere safe to store funds?🫪
If you're worried about all of these, then the only remainin

Sometimes arbitrage profits come from: other people's idle yet troublesome money.
Unfortunately, I've heard many principles but still haven't made any money, 🫪
So, I can only post these seemingly review posts after earning a few thousand U from group members' arbitrage.
Can I be less lazy in the future? Poor guy!!!

Edge anti-attack!!?
Although I haven't sold, I still have other Perps points.
Some with costs, like: StandX, HyENA.
Some without costs, like: Variational, Grvt, Ethereal, Decibel.
What should I do? I'm freaking out!
Like a lamb waiting to be slaughtered.