The quick “IN & OUT” Strat giving me 8% PNL just in 8 minutes!
Here is how i do it🧵👇
2
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.
3
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).
4
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.
5
And here is how my position worked out.
6
My opening and closing position on the chart.
7
Thats the power of DLMM by @MeteoraAG , no need to timed the top nor the bottom, we just print fees in between. gudtek @MeteoraAG !
Save this thread — create a free accountSave this thread