___$INJ
๐ Crushing the Market with +167.13% ROI on INJ/USDT Perpetual Trade! ๐ฅ
Hey traders! Sharing a proud moment from my trading journey. I just hit a +167.13% ROI on my INJ/USDT Perpetual position, and the unrealized PNL stands at a whopping $2,026.62! Letโs break down the trade and the strategy behind it:
Trade Overview
Leverage Used: 10x (Cross Margin)
Entry Price: $22.50
Current Mark Price: $26.26
Position Size: $12,126
Margin Used: $1,212.60
Liquidation Price: $16.20
Key Lessons from this Trade
1๏ธโฃ Risk Management: The position was calculated carefully to ensure my margin ratio remained healthy. Currently at 7.32%, which leaves a buffer against liquidation.
2๏ธโฃ Patience Pays Off: Timing the market is key. I entered at a strong support level of $22.50, based on technical analysis and market sentiment.
3๏ธโฃ Leveraging Trends: INJ has shown consistent upward momentum recently, and I took advantage of the bullish trend to maximize profits with 10x leverage.
4๏ธโฃ Strategic Leverage Use: High leverage amplifies profits, but it also increases risk. Proper risk management allowed me to capture massive gains while staying protected.
Whatโs Next?
Iโve set a Stop Profit and Loss to lock in gains while monitoring market trends. Iโll decide whether to close the position soon or ride the trend further if market conditions stay favorable.
My Advice to Traders
Always trade with a plan and stick to your strategy.
Use leverage wisely and never risk more than youโre willing to lose
#CryptoTrading #INJUSDT #Leverage #RiskManagement #CryptoProfits
