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Disclaimer: The information provided in this trade alert is for educational and entertainment purposes only and should not be considered as financial advice. The author is not a financial advisor and is only sharing their personal trading activities in full transparency. The opinions expressed in this alert are the author's own and do not reflect the views of any other individual or organization. Investing in cryptocurrencies and other financial instruments involves a high degree of risk, and you should not invest money that you cannot afford to lose. Always do your own research and consult with a licensed financial advisor before making any investment decisions. The author is not responsible for any losses or damages resulting from the use of the information provided in this alert.

I added to my SOL Perp at 128.21

aka I Doubled Down.

Reduced my cost basis to $130.50 at a 3.3x

The liquidation price is now $93.

Considering SOL was above $137 yesterday it seemed.like my oppty to double down as I missed my Target of 121 last week by 40 cents.

PERPS ARE EXTREMELY RISKY. This Perp is now about 1.5% of my entire SOL bag in size. I still believe we will get a Breakpoint Bounce.

 

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ImYurHcklbrry

The markets are definitely reacting to last night's debate and the possibility of a Democratic win. Hopefully this is just some small volatility and we will be back up in a day or two preparing for Breakpoint.

slice

ppi and unemployment claims tomorrow maybe i'll get a good entry

Oyster

Market will be volatile until after election always is..

BenBull

Just wonder, you bough this trade twice above 140 (143 I think), and now you doubled down at 128 but your base cost is 130??? That’s magic haha. Mine is 134, bought twice at 140 and 128.

Matt

What settings does James have for the confluence model? And what timeframes does he require the signal on?

Remco

Is it posible to close 50 procent of the Perp trade on Jupiter or do you have to close the whole position?

R Neymar

Yes you can there is option there when you click on market close and choose the size there 😉

B rizzle dizzle

i have extreme confidence in Solana so I'm extremely interested in a long term play, but I don't understand this tool or newer crypto technique at all compared to traditional stock options. Can someone explain what's happening and where it's taking place (like what service)?

Simon Silvester

Jupiter Vote is life until tomorrow. Dont forget 2 vote guys

Patrick S

Right there with you James…have been adding little bits of SOL to my perp on each dip.

MGM

If your long perp on Jupiter has been open with Phantom wallet, you can open totally indipendent second long on Jupiter but this time with Solflare(should open Jupiter on a different browser) .Like that there is no merging of your longs. You get 2 different, indipendent longs without lowering your leverage this way. And if the fee due is paid daily(and the exact amount due) , it doesn't increase your liquidation price.