Copy Trading Master’s Winning Strategies Review — Episode 7

LBank Listings&Projects
3 min readOct 13, 2023

Easy Follow, Smart Trade! Discover the winning strategies of our popular traders.

  1. Copy Trading Master’s Introduction

User Nickname: #7490&Onlooker

Trader’s Profile: https://www.lbank.com/copy-trading/lead-trader/?id=LBA3D77490

Trading Style: Hedge Arbitrage, Swing Trading, Intraday Trading

2. Trade Operation Recap

Going long on ETH with 50x leverage (Intraday trading),entry at $1558.37 USDT, exit at $1576.26 USDT, generating a 57.40% ROI . As shown in the chart below:

3. Trade Review

3.1 Market Background

On Monday, October 10th, in the early trading session, the Nasdaq Composite dropped more than 1.1%, the Dow Jones Industrial Average fell by nearly 150 points, down over 0.4%, and the S&P 500 Index dipped nearly 0.6% when it hit a new intraday low. Subsequently, the losses narrowed, and during the midday session, they collectively turned upward, maintaining a positive trend. At the close, all three major indices had recorded their second consecutive trading day of gains.

On the same day, Dallas Fed President Lorie Logan suggested that the recent surge in long-term U.S. bond yields might reduce the necessity for the Federal Reserve to raise interest rates again.

During the Asian session on October 11, Bitcoin rapidly declined to around $27,000 before gradually stabilizing. Bitcoin, after four hours of trading within the range of $27,130 to $26,950, saw the bears unable to further drive the price down.

3.2 Trade Analysis

On October 11, the 15-minute chart of Bitcoin showed intraday declines followed by consolidation, as shown below:

As BTC stabilized around $27,000, ETH began to slowly rise.

A buying opportunity for ETH emerged when the 15-minute MACD and BOLL indicators resonated. Simultaneously, BTC rebounded, quickly breaking through $27,200, but stalled around $27,270. At this point, the momentum for ETH’s rebound weakened, and it was subsequently closed, as shown below:

3.3 Winning Strategies Summary:

Intraday trading requires swift entries and exits, with no room for prolonged battles.

Note: Personal opinion, for reference only. Opportunities and risks abound, always do your research before investing.

--

--

LBank Listings&Projects

The AMA recap channel for going through more highlights of LBank AMAs.