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Yesterday, I gradually entered some LAB long positions, and the profits have all been realized from the funding rate.


Of course, the unrealized trading losses currently far exceed the funding rate—so I’ll just keep waiting for the rebound to get out of the trade at breakeven……
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LABLAB-4.55%


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Comment 12
Seize the moment
You will find that half of the principal is eaten up; this is the fee trick.
SimonHuangAuthor
Just like before, wait for the rebound to reach break-even and then close to secure the principal, and ultimately profit from this charge/fee.
Back to the Future 2009
We are the same, I also eat fees.
SimonHuangAuthor
👍I placed my orders in batches before going to bed last night. I didn’t expect the drop to be deeper than I thought, so I didn’t place orders starting with 13, which resulted in more floating losses. Otherwise, I wouldn’t have had to work so hard to break even on a rebound. Fortunately, it quickly rebounded back to my cost basis. It didn’t drag on for too long. I originally thought it would take until the afternoon or evening to finish.
My goodness gracious
Once you go down, you stay down forever.
SimonHuangAuthor
Short-term trading. Sell when it bounces back. Already sold out.
GateUser-cf5b6bdd
sb
Btc-9527
Went in with two trades last night and lost a few tens of u...
SimonHuangAuthor
You need to be patient and wait, or trade back and forth to maintain positions and reduce costs.