Variational Points Update
15.76 points from only $51.8k volume
Avg position time = 26hrs
total positions = 35
Realized PnL = +$130
Strategy (still basically the same) = Sort pairs by OI
pick the alts / pairs with the lowest OI
1x-2x leverage
size is $500-$1k
SL or TP of 7%-15%
let the triggers hit, or close after 48hrs+
Trading Hold time + Lower OI pairs still clearly get a heavier points value
There is prolly more "points juice" to squeeze out of this strategy style by pushing more volume via larger OI + larger hold time on pairs that are still low OI, but not literally at the bottom of the barrel with the lowest OI on the platform
Will continue experimenting
If the low OI pair also has a lot of scam pumps in its charts completely avoid shorting it (despite if its vaporware) or try to catch it in a long
With year end and tax loss harvesting done think we'll have pockets of bullish / pumps so would avoid mass shorting every pair across the board
If you want a permanent 12% points boost + instant bronze tier you can use the code OMNIINSIGHT when you set up your account
Variational Points Alpha Drip - Week 4 (yeah I know I'm late was touching grass)
14.79 points from ~$83k volume
Avg position time 16.5hrs, 49 positions, -$440 PnL
Main strategy didn't really change too much from Week 3:
- filter by lowest OI coins
- 1x leverage, size of $500-$1k
- TP average 9%, SL average 5%
- Starting port $10k --> now ~$9.6k
See attached image if you want to see the pairs/ coins I traded
Strategy reasoning:
OI going parabolic with $1B milestone surpassed this past week and now sitting at ~1.2B
Competition is ramping up rapidly, whales are pouring in, Variational isn't under the radar anymore, points are like lighter points in peak competition but even worse/ harder to get
People are burning themselves and their ports out (and will continue to do so) trying to gobble up points
But I'm just chillin
Vari still clearly highly prioritizes hold time and your % share of the total OI
And I don't want to spend more than 15min a day managing this farm = I'm tired boss + have health and relationship things I want / need to work on more
So the low OI, low leverage, low volume strat seems to be a good sweet spot currently (for me)
Notes:
Most of my losses were from trying to short alts (mainly memecoins) that pump super hard
"oh broccoli pumped 80% today no way it can pump harder"
**opens short broccoli pumps another 20% somehow in 2hrs (also local top of course), get fcked retard**
So yeah will avoid doing that in the future despite it always seeming tempting
Will continue to experiment with volume size and SL/TP percentages
OMNIINSIGHT = code for 12% permanent boost to your points
But don't be one of those guys/ wallet that uses a code slot and then doesn't make any volume / points