Just closed the spot and short linked position of $LIT. The spot operation wasn't very ideal—entered at 13000, closed at 12866, resulting in a loss of $134. However, the short position held up, yielding a profit of 163, so overall it was a small profit of $29. Feels like the market movement this time was a bit fast, with gains and losses. Let's keep an eye on the next opportunity.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
20 Likes
Reward
20
10
Repost
Share
Comment
0/400
IronHeadMiner
· 01-07 23:11
Oh wow, this market trend is really a bit tricky, the bears have stepped in to save the day.
View OriginalReply0
ForkTrooper
· 01-07 20:29
Market trends are like this; sometimes when spot positions are cut, the shorts step in to rescue. This wave is still acceptable.
View OriginalReply0
DefiSecurityGuard
· 01-07 15:31
⚠️ ngl that $LIT hedging setup screams execution risk to me. short saved your bags but those spot entry/exit points... mmm, classic slippage vulnerability waiting to happen. ever audit your trade routing for MEV extraction vectors? not financial advice but DYOR on your liquidity sources fr
Reply0
AirdropHunter
· 01-05 04:53
This hedge play was pretty good, short sellers saved the day haha. But the 134 loss on spot is a bit uncomfortable, the market is really fast.
View OriginalReply0
WenMoon
· 01-05 04:52
The market is moving so fast, making it hard to make some profit. The spot trading side is indeed a bit rushed.
View OriginalReply0
GateUser-beba108d
· 01-05 04:52
It's impressive to recover from such a loss in spot trading by relying on short positions. But with a $29 profit, the trading fees probably almost ate it all up.
View OriginalReply0
HallucinationGrower
· 01-05 04:51
This move is okay, the bears saved the day, brother.
View OriginalReply0
MeltdownSurvivalist
· 01-05 04:51
Spending just 29 bucks and claiming it's a small profit—how do I feel like you're just comforting yourself? Haha
View OriginalReply0
LightningSentry
· 01-05 04:50
This hedging strategy still needs to be careful. Losing a small amount in spot market was pulled back by the bears, lucky enough.
View OriginalReply0
bridgeOops
· 01-05 04:28
Spot Iron Blood is losing money, and the bears are stepping in to rescue. This move is really a bit exciting haha
Just closed the spot and short linked position of $LIT. The spot operation wasn't very ideal—entered at 13000, closed at 12866, resulting in a loss of $134. However, the short position held up, yielding a profit of 163, so overall it was a small profit of $29. Feels like the market movement this time was a bit fast, with gains and losses. Let's keep an eye on the next opportunity.