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☕️April results and May goals☕️
1⃣ I had a conviction issue with my trench wallet, got out BE and decided to change strat, pivoting to accumulate big cults with lot of volume. I entered a bid-ask position on solana:Ce2gx9KGXJ6C9Mp5b5x1sn9Mg87JwEbrQby4Zqo3pump with USDC only to DCA from my entry (around 37 M) around mid april, position still standing.
2⃣ Here I made 4 TP, half shorts half longs on bitcoin:native and $XAU . I have 1 long on BTC still standing with 66K entry and one $HYPE long at 44 entry. Wanted to scalp, bought the top like a moron but I decided to keep it because I have low leverage and strong conviction. Yeah, anchoring biais is my thang
3⃣ Made two cool swings on $HYPE / $SOL and monero:native / cardano:native where I took nice profit with low leverage
4⃣ Polymarket is where I made most of my money, making more than 140 % gains in total despite an enormous loss at the end of the month. I won't show more here because I don't want to show my strategy nor stupid copytrader that will make it irrelevant.
In total I made more than 50 % in one month which is way beyond my objective and I'm really happy with it. I'm glad I wasn't so greddy, instead just fulfilled with what I got.
My goals for May will be to continue generating steady profits, without being tempted by 50x leverage or getting too cocky and getting schooled by the market.
I think I’ve finally found my hedge; it’s up to me to stick with it.
Next update in 30 days.
Monsieur Panache@Panachequant
☕️ April plan ☕️ 1⃣ Trade memecoins on @TrojanOnSolana For now I'm holding $KNIGHT and $MLG (man how can this ticker be below 1 million MC ?) 2⃣ Trade perps on @ostium (mostly $XAU and $BTC) with low leverage 3⃣ Hedging myself with pair trading on @pear_protocol (something like Long $HYPE short $SOL 0.70) 4⃣ FAFOing on @Polymarket with a very cool strat I backtested in march 5⃣ Cash out enough to changes my worn tires
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