Danko

- Rather die than stop clicking
- Crypto trenches since 2021

Liquidity Provider = Professional gambler

[Danko @DankoWeb3]

𝗛𝗼𝘄 𝘁𝗼 𝗲𝗮𝗿𝗻 𝗰𝗼𝗻𝘀𝗶𝘀𝘁𝗲𝗻𝘁𝗹𝘆 𝗼𝗻 𝗣𝗼𝗹𝘆𝗺𝗮𝗿𝗸𝗲𝘁 𝗼𝗿 𝘀𝗰𝗮𝗹𝗽𝗶𝗻𝗴 𝗳𝗼𝗿 𝘁𝗵𝗲 𝘀𝗺𝗮𝗹𝗹𝗲𝘀𝘁

I want to share a strategy with you that will let you make money every day on price gaps in the order book

Basically, this is just arbitrage using limit orders

𝗟𝗲𝘁’𝘀 𝗴𝗼 𝘀𝘁𝗲𝗽 𝗯𝘆 𝘀𝘁𝗲𝗽:

Our main task is to find liquid markets with a spread in the order book of more than 3–5 cents per share and place ourselves in the order book on the outcome that is the most likely

This strategy is better suited for people with a smaller bankroll, but that doesn’t mean that if your bankroll is over $1,000 you should close this tweet and scroll on

It all depends on your appetite
I’ll show a few trades with different spreads and different percentages

Main rules for this strategy:

- 𝗟𝗶𝗾𝘂𝗶𝗱𝗶𝘁𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗲𝘃𝗲𝗻𝘁

This is both your enemy and your friend
The more liquid the event is, the smaller the spread, but the faster trades get filled
Less liquid events, on the other hand, will have a bigger spread, but the time between buying a share and selling it becomes longer

We need a golden middle ground

- 𝗘𝘅𝗽𝗶𝗿𝗮𝘁𝗶𝗼𝗻 𝗱𝗮𝘁𝗲

Ideally, look for markets with an expiration date more than 3 days away. This gives you time for your limit order to fill on the buy side, and time to sell your limit order as well

- 𝗦𝗽𝗿𝗲𝗮𝗱

I look for markets with at least a 3–5 cent spread per share

- 𝗕𝗲𝘁 𝗼𝗻 𝘁𝗵𝗲 𝗹𝗶𝗸𝗲𝗹𝘆 𝗼𝘂𝘁𝗰𝗼𝗺𝗲

Example: https://t.co/qkv2PW4aBM

The spread on this event is 8 cents, and if you remove the first limit buy order on NO, then it’s a full 20 cents

The probability of the NO outcome is 84%

Vol is $129k

So we place a limit buy order on NO and simply wait for it to get filled

As soon as the limit order is filled, we list the shares for sale with a limit order as well, using the 8 cent spread

The second example is even more liquid
https://t.co/tdctz5jmXg

The volume here is even higher

The spread is from 13 to 18 cents per share

There is some uncertainty on this market right now, but thanks to the higher volume we can catch the spread quickly and exit the event fast

To search for events, you can use any trading terminal, I use @StandDOTtrade

In the Discover tab, we set the filter for spreads from 3 to 5 cents, as shown in the screenshot

Are you ready to catch the juiciest spreads?

This isn’t the first time I’ve mentioned this strategy, but now I’ve made a full breakdown of it

If you want to dive even deeper and see my profitable screenshots, I’ll leave links to my articles under this tweet. In those articles I show everything using my own examples

If this tweet was useful to you, make sure to leave your thoughts - It really means a lot to me

[Danko @DankoWeb3]

@asukahaox appreciate the support

[Danko @DankoWeb3]

The best filter for finding the most unusual trades

this is the one i find 99% of my most interesting setups with
and the main thing is i check it 24/7

everyone looks at the high volume markets:
> politics, sports, crypto, elections

if thats all you look at, youre missing a massive layer of opportunities

my filter excludes the mainstream:
> sports, geopolitics, up/down, elections, politics, bitcoin, oil, eurovision, aliens, hantavirus

and keeps:
> new wallets only (account age <60d)
> real bets only (>$100)
> position concentration >70% (wallet went deep on a single market with conviction)
> pnl > -$10k (filters out dead balance)

this is exactly the filter that lets me find wallets created in may with one single $20k bet on the microstrategy sells any bitcoin market

or how we found the unusual bets on mexico's interest rate

one wallet, one bet on a single narrative, no other trades

all of this is long tail
not on twitter, not in the news

this is where the people who actually know something sit

- open parity
- click my filter
- see what showed up overnight in concentrated fresh wallets

direct filter link below

[Danko @DankoWeb3]

@israfill Lmaoooo
True 😢

[Danko @DankoWeb3]

@quykiemtinh just click the link and create an account

https://t.co/9tBWdA413w

[Danko @DankoWeb3]

@Deestar this is genuinely one of the most interesting and actually working strategies

i won’t even wish you luck because you won’t need it

you’re gonna make money on this, i’m sure

[Danko @DankoWeb3]

@mikhailtoh Late gm Micha

[Danko @DankoWeb3]

@_Jamisky Literally anything can happen in the crypto market

If someone had told me this six months ago, I wouldn't have believed it

[Danko @DankoWeb3]

@_Jamisky @waleswoosh Funding farmers are making some serious cash here

Blur not me

[Danko @DankoWeb3]

@0xBumblebee @surgence_io Bumblebe just printing
Nothing new

[Danko @DankoWeb3]

@0xBumblebee @0x_sakata So, if I start writing 350 replies, will my income go down?

[Danko @DankoWeb3]

@syanovee @sharexyz Wow

I didn't know there were apps
I'll have to check them out

[Danko @DankoWeb3]

@KyleDeWriter Polymarket Weather accuracy reaches 84.8% 24hrs before resolution - not another word bro, now i know what to do on polymarket

[Danko @DankoWeb3]

@MrTimister @Gyokeres_eth i think this is gonna be a landmark meeting

and you’ll come up with a ton of new and interesting ideas

[Danko @DankoWeb3]

@madiweb3 great start to the month bros

[Danko @DankoWeb3]

@0xkekov thanks for such useful stuff bros
and yeah, video format even just screen recording performs way better

[Danko @DankoWeb3]

@0xTengen_ @Polymarket @PolymarketSport imagine what kind of volumes we’re gonna see towards the world cup final

[Danko @DankoWeb3]

@0xTengen_ o
sounds interesting
i gotta get the WL

thanks for sharing

[Danko @DankoWeb3]

@Deestar fully agree

also i’ve seen guys who write one article and then quote it 100 times just to farm views and monetization money

[Danko @DankoWeb3]

@Deestar it’s weird but your pfp really suits you
i always imagined you as this brutal guy

[Danko @DankoWeb3]

@Gyokeres_eth these creators are what ct is built on and i’m happy about that

[Danko @DankoWeb3]

@vijn_crypto 🙏🙏🙏