The quick “IN & OUT” Strat giving me 8% PNL just in 8 minutes!
Here is how i do it🧵👇
I usually uses GMGN to monitor a ticker that suddenly has some volume spikes, by going to the 5m timeframe and filter the highest volume in 5 minutes.
At that time. the $ARENA token got around 400-500k volume, so i paste the ticker CA to the @met_lparmy discord to look at all the available pool, usually im going with 1-2% base fee pool. So i got in the 100/2 pool since it has the most TVL (Total Value Locked).
So, I decided to open a tight bid-ask range with minprice at the nearest support, with a plan in mind if its all converted to token, i simply flipped it and waiting for the rebounce to get out.
And if it goes up before all my sol converted into tokens, i just simply close the position and take the profits anyway.
And if it goes up before all my sol converted into tokens, i just simply close the position and take the profits anyway.
And here is how my position worked out.
VIDEO
My opening and closing position on the chart.
Thats the power of DLMM by @MeteoraAG , no need to timed the top nor the bottom, we just print fees in between. gudtek @MeteoraAG !
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