Gate News message. On April 8, a contract trading whale, “set 10 big targets first,” shared a trading strategy: when the broader market quickly rises 5%～10% without extreme news-driven conditions, open a short at the current price; when it drops 5%～10%, open a long at the current price. This strategy can cover most situations, but it must exclude extreme news-driven conditions and one-way market moves. This morning, the trader closed the long position; based on the position chart the trader shared, this time using 4x leverage to go long BTC generated a profit of $12.12 million, and using 2x leverage to go long ETH generated a profit of $728k. Gate News reminds users that contract leveraged trading involves extremely high risk. Users should carefully reference other people’s trading strategies and properly manage their positions to ensure asset safety.
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