"Hey, will I get rekt this trade?"

"Hey, should I trade my $FTM for $AVAX? or ... on-chain: trade my $AVAX for $QI? ... or vice versa?"

How do you know when to trade, and when it's a good one?

Why not ask `rekt` if you're going to get, well: rekt in a trade? 

As you see above, `rekt` makes a trade-call along the EMA-20 indicator and assigns a confidence based upon the EMA20-vs-ratio δ.

What are the EMAs? `ema` charts those for you, showing the results in, e.g., a @tradingview chart.

"Which blockchains and which tokens does `rekt` follow, o, el geophf?" you ask.

Good question. `$PIVOT` has all the assets I currently track. 

They are: 

• $BTC $ETH $BNB $DOT $LINK $PAXG stables (across the blockaverse)

• Arbitrum: $ARB
• Avalanche: $AVAX $QI
• Cardano: $ADA $INDY $SNEK
• CØSMOS: $ATOM $OSMO
• Kujira: $KUJI $MNTA
• Optimism: $OP $LDO $SNX
• Terra: $LUNA $ROAR $ASTRO

Here's the thing.

All the above is open-source.

If you focus your investments on different blockchains, you can fork the repository and track your own tokens.

I walk you through this, step-by-step, in a series of quizzes – a big ol' geophf HOWTO! 

This whole concept of trading is what I call 'pivot arbitrage.' I have found pivot-arbitrage to be efficacious.

I maintain the repository of `pivot` and explore pivot-arbitrage in video and in articles  (search for 'pivot').

Rekt

Rekt

Hey, folks, I'm rekt.

Let's face things squarely. $LUNA is at sh-tcoin prices. But is $LUNA a sh-tcoin now?

Some of you'll say 'yes,' and wash your hands of the whole affair. And that's fair.

But what if.

But what if the answer is 'no'?

I'll explore the latter option, folks.

Why can I explore the latter option?

Because I'm rekt.

If there's no salvageable position, then I have freedom to explore any option, and if it doesn't work? I'm still rekt.

So. What.

I have complete freedom now. I like it.

I'm rekt. And I'm free.

See you in the reports.

Mirror

I'm liquidating myself in @mirror_protocol.

This'll hurt.

But @mirror_protocol is capital-preserving, and now is not that time. Now is the time to strike while the iron is molten lava on the floor.

Bye, @mirror_protocol. I loved ye well. 😢

Steps for liquidating below.

Okay, let's liquidate $mDOT δNeutral position and see what comes out of it.

Step 1: On @mirror_protocol observe the shorted amount: 0.75 $mDOT 

Step 2: Withdraw that amount from your @SpecProtocol or @ApolloDAO. 

You may need to play around as the autocompounder may leave you with excess that you can grow for when the markets returns to sanity.

So, I'll leave like $5 or whatever minimum I can on the short side, too. 🤔

Step 3: cover the short with the $mDOT from the vault.

Step 4: record how much we recovered. 

On the short-side we got 9.4 $aUST

On the long-side (check back one tweet), we received 8.4 $UST

Worth it?

Nah. Transaction fees summed to ~$1.50. Let's liquidate the big fish first.

So we're not going to go with $mDOT (now), but this was instructive. Always try something with a smol amount FRIST!

So, procedure established. Now let's do this procedure on the big fish, which are: $mHOOD, $mNIO, $mNVDA, $mMSFT, and then the smaller fish come in.

Okay, so, let's start with those four mirrored assets. I have 0 savings ($aUST) and 10 $UST

... and I'm so tired. Got this head-cold thing going on, and a cough triggering an acute headache.

BLEH!

OKAY! SOLDIER ON! Let's SNARF the assets and see where we end with our savings.

First, biggest asset: $mHOOD

Short-side farm: 14.5 $mHOOD, 190 $aUST

Long-side vault: We'll take out 14.3 $mHOOD

Savings earned: 179 $aUST, 133 $UST

I was going to keep positions open, but I see they're charging a closing/adjustment fee, anyway, so I'll just close them going forward.