Magnet

Meme Coin & Perps Trader | Turned 100 XRP → 10,000 XRP | 👉 Follow for daily trade logs & no fluff.

[Magnet @MagnetWeth]

You’re down until you’re not.

[Magnet @MagnetWeth]

@Zorathzzz 100% bro. Don’t follow the herd 👍🏼

[Magnet @MagnetWeth]

@Zorathzzz Are you playing $Lab or too choppy now?

[Magnet @MagnetWeth]

@Zorathzzz Take it bro. Don’t give it back to the market

[Magnet @MagnetWeth]

@FlippingProfits Max Fear = Bottom Signal.

[Magnet @MagnetWeth]

@Zorathzzz Caught the exact bottom. You’re on fire 🔥

[Magnet @MagnetWeth]

What to do when @bitget removes access for Canadians to Perps?

Is there another platform I can use to trade perps?

[Magnet @MagnetWeth]

I’m not goated like @Zorathzzz, but I too have found quite a groove with trading $Lab

June 2:
$LAB Short: +$1,140
$LAB Short: +$160
$LAB Short: +$100
$LAB Short: +$35

Total for day: +$1,435

June 3:
$LAB Short: +$480
$LAB Short: +$95
$LAB Short: +$95
$LAB Short: +$130
$LAB Short: +$15
$LAB Short: +$310
$LAB Short: +$120
$LAB Short: -$345

Total for day: +$900

June 4:
$LAB Long: -$650
$LAB Long: -$140
$LAB Long: +$310
$LAB Long: +$200
$LAB Long: +$225
$LAB Short: -$165
$LAB Short: +$300
$LAB Long: +$125
$LAB Long: +$215
$LAB Long: +$500
$LAB Long: +$160
$LAB Long: +$100
$LAB Long: +$230

Today: +$1,410

I did take losses on $pengu, $BSB and $esports but $lab has brought me +$7,300

[Magnet @MagnetWeth]

At least scalped back some of my losses.

Feel better now 😅.

June 2:
$PENGU Long: -$2,460
$BSB Long: -$1,300
$LAB Short: +$1,140
$LAB Short: +$160
$LAB Short: +$100
$LAB Short: +$35

Total for day: -$2,325

June 3:
$LAB Short: +$480
$LAB Short: +$95
$LAB Short: +$95
$LAB Short: +$130
$LAB Short: +$15
$LAB Short: +$310

Total for day: +$1,125

Total PNL: -$18,330

[Magnet @MagnetWeth]

INSTEAD.

Take loss on two trades

June 2:
$PENGU Long: -$2,460
$BSB Long: -$1,300

Total for day: -$3,760

Total for week May 25 - May 31: -$4,545

Total PNL -$20,895

Right back to square one.

I am livid.

[Magnet @MagnetWeth]

Quick +$480 short scalp on $LAB to start the morning.

Waiting for entry back around $16.

Playing with 500 shares. Low risk as I sense the $18-$24 range has high sell pressure, lots of bag holders within that range.

I feel $16 is good risk for a short.

[Magnet @MagnetWeth]

Update on my day/week:

May 25:
$BSB Long: -$70
$ESPORTS Long: +$150
$SUI Long: +$105
$BSB Long: +$80
$BSB Long: +$40
$BSB Long: +$50

Total for day: +$355

May 26:
$SUI Long: +$35
$ESPORTS Long: -$415
$LAB Short: -$160

Total for day: -$540

May 29:
$LAB Short: +$30
$LAB Short: -$155
$LAB Short: -$145

Total for day: -$270

May 31:

$LAB Short: -$155
$LAB Short: -$175

Total for day: -$330

June 2:
$PENGU Long: -$2,460
$BSB Long: -$1,300
$LAB Short: +$1,140
$LAB Short: +$160
$LAB Short: +$100
$LAB Short: +$35

Total for day: -$2,325

Total for week May 25 - May 31: -$3,145

Total: -$19,455

As you can see, $LAB was bad, I kept trying to catch the top and short it, but I was disciplined enough to have SL set and took small losses.

I realized losses on $Pengu and $BSB but cleared up room for margin and started taking risk on $Lab, end up scalping back $1,435.

I feel good, and I am actively looking for an entry around $16 and shorting $Lab.

- 🧲

[Magnet @MagnetWeth]

INSTEAD.

Take loss on two trades

June 2:
$PENGU Long: -$2,460
$BSB Long: -$1,300

Total for day: -$3,760

Total for week May 25 - May 31: -$4,545

Total PNL -$20,895

Right back to square one.

I am livid.

[Magnet @MagnetWeth]

I’m in short here on $Lab, too many losers between $18-$25. Lots of resistance and selling on the way back.

I already scalped +1,300 back of my losses

Let’s go

[Magnet @MagnetWeth]

INSTEAD.

Take loss on two trades

June 2:
$PENGU Long: -$2,460
$BSB Long: -$1,300

Total for day: -$3,760

Total for week May 25 - May 31: -$4,545

Total PNL -$20,895

Right back to square one.

I am livid.

[Magnet @MagnetWeth]

I felt $LAB was going to dump in epic proportion and didn’t act on my intuition and sense.

Lost huge because of it.

FUCK.

[Magnet @MagnetWeth]

I felt $LAB was going to dump in epic proportion and didn’t act on my intuition and sense.

Lost huge because of it.

FUCK.

[Magnet @MagnetWeth]

Update on my current situation (which is kind of brutal):

$BSB - 4,000 with entry of $0.58, down -$1,300

$SUI - 10,000 with entry of $1.01, down -$1,750

$XRP - 10,000 with entry of $1.37, down -$1,300

$PENGU - 800,000 with entry of $0.01, down - $2,100

When will the bleeding stop?

[Magnet @MagnetWeth]

Now I’m in a real what I believe to be a disaster.

Holding:

$BSB - 4,000 with entry of $0.58, down -$850

$SUI - 10,000 with entry of $1.01, down -$850

$XRP - 10,000 with entry of $1.37, down -$1,000

$PENGU - 800,000 with entry of $0.01, down - $1,600

Should’ve stuck to scalping instead of swings.

Let’s see what happens.

Unrealized of course.

[Magnet @MagnetWeth]

@pandaa 1.5M Mortgage
200K Car Loans
100K Balance Transfers

Send me cheque for 1.8M Lol.

[Magnet @MagnetWeth]

@RaminNasibov WoW.

[Magnet @MagnetWeth]

@UmerTheBull Why is it Binance fault?

[Magnet @MagnetWeth]

@SuperShyGuy0 @cashpredkurvama Explain wym?

[Magnet @MagnetWeth]

@Steezehuman No it’s not, shut up.

[Magnet @MagnetWeth]

@zethesx @AaronSolanaa Why you say so?