0x Vegeta 🪙🕸

Monk's Pair Trading Strategy of BTC/ETH: Its simple Strategy 1: Long BTC/Short ETH Type: Market Order Timing: When market Pumps and ETH pump is 2-3% more than BTC in % terms Booking Profit: Close both positions when market cools and ETH loses its higher gain and overall position turns profitable including trade fees. Strategy 2: Short BTC/Long ETH Type: Market Order Timing: If market dumps and ETH dumps 2-3% more than BTC in % terms Booking Profit: Close both positions when market Pumps snd ETH regains its relatibe strength to BTC and overall position turns profitable including trade fees Points to note: ~ Always market open both trades one after another in equal sizes in opposite directions. ~ Close positions only when overall profit including all trade fees combined for all legs of trades. ~ if market moves against your intended direction and overall PNL goes negative, wait and average if possible. If high market volatility happens and large relative price changes of BTC/ETH, you can reduce the size of one leg which is profitable so that when market cools, the overall position turns green due to size difference. ~ beware of using this strategy on high trade fees DEXs, best to use in zero or low fee DEXs. ~ works both fir scalping as well as holding for more profit. I suggest scalp with small sizes. ~ start with small size to understand the concept. NFA. Do at your own risk sar😂