The XNY long position just hit take profit. If you're quick enough, you can immediately set up a short position. If this operation goes smoothly, it means harvesting profits twice on the same asset—profiting from both long and short positions feels amazing!
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NullWhisperer
· 12-06 22:14
ngl, the "scalp both sides" play sounds good until you realize the slippage between exits and entries does the harvesting for you instead. technically speaking, that window where you switch from long to short? that's where the vulnerability sits. interesting edge case if execution is actually flawless, but audit findings suggest most traders eat losses in the transition. just saying.
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RugpullSurvivor
· 12-06 00:05
Quick reflexes are a skill; most people simply can't keep up with this pace.
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Mr.GeneralIdea
· 12-05 11:55
Yesterday, when it just dropped from 0.019 to hover around 0.006, I was operating the same way—setting a take-profit for each order, holding the position for a few seconds and closing immediately, doing this twenty or thirty times back and forth. Then a single wick taught me a lesson.
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BrokenYield
· 12-05 11:36
lol "hand speed" like this is a speedrun—yeah that's how ppl get liquidated thinking they're scalping gods. correlation matrix says otherwise but sure, swing for the fences twice on the same asset, what could go wrong? 🤔 systemic risk enters the chat
The XNY long position just hit take profit. If you're quick enough, you can immediately set up a short position. If this operation goes smoothly, it means harvesting profits twice on the same asset—profiting from both long and short positions feels amazing!