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IA Trade Alert (Patreon)

Published:
2024-12-09 20:22:50
Imported:
2026-06

Content

I bought more SOL at 221.11 on Coinbase

This second tranche is to bail out out the Perp if needs be. As I have said I am boxed it but it is all the tables money and does not impact my main SOL bag. In addition, all my SOL remains staked.

Rem the rules

  • Never have more than 1% in a Perp

  • Never go above 3.3x Leverage

  • Never Get Liquidated

Comments

CryptoBigDaddy

Where does James stake all his SOLANA? Is is Marinade?

Joel Celi

I added to lower my liquidation level to 148 to be on the safe side.

JayZee

Question to the community: is there anyway to partially close out a perp (e.g. 25%) as a means to reduce fees?

Joz

Xrp putting sol to shame

PhillipC

I bought some at $214 😃

Joz

Its SOL time to shine now!! Come on sol 🚀

Mo Li

Hi james, If the intention is to bail out the perp, why not wait until getting close to liq. Price and then buy the Sol?

Joz
>>157961754

Probably brought huge bag knowing it will increase in value to ooffset the fees of the perp. Just my opinion lol

CuriousPiGGy

I feel sorry for anyone still stuck in this perp, the fees alone must surely account for at least 5-10% of the overall loss so far. I took the hit and have made back nearly 50% of that loss so far. Getting back to that entry price around 258 seems far away

CuriousPiGGy
>>157900097

Yes there is, if you're on your mobile, click on market close and where it says close size, you'll see the options for 25/50/75/100%

Donkey Dolittle

Good morning James , Any updates on the perp and the strategy that you are implementing for the one we are in would be so insightful. NFA Thank you for all you do ♥️🙏