这个币我总共做空三次，前两次都是不挣钱，都过了两三天才解套出来 当然也没亏什么钱，最多是亏点手续费 第3次我不信邪，我还是做空，我以为我挂2接空已经算是高位了，但是没想到高位在3.8 我以为我买在了山顶，结果我买在半山腰 逢高做空，逢高做空，谁又知道当下的高点是不是未来的低点？

$UXLINK

Send a summary post alone. How to use hedging to make up for my entry mistakes, regarding my mistakes you can refer to the initial post.
I foolishly jumped in with 1.8u to short uxlink, only to find out that this coin has issues, it's a strong held coin, and I shorted at the bottom. Moreover, the volatility is extreme, the market maker frantically manipulated the price in the early hours to harvest the shorts, resulting in widespread losses.

Today, I will only talk about the sky and earth lock, explaining it simply and clearly. Taking tonight's battle with 🐶 the market maker as an example: the sky and earth lock means being trapped in a short position or going long at a high point. In this case, we perform three steps:
As for tonight, first:
1. Open a long position to hedge, ensuring no liquidation.
2. Continuously arbitrage on the long side, selling when the price rises to pocket the gains, buying immediately when it drops, and buying again when it rises to pocket the gains.
3. Always limit the sell and buy to a maximum of 70% of the position to ensure no liquidation.
Repeat step 2 and 3 until arbitrage is completed or the market maker's volatility decreases.

When a one-sided trend rises or falls (for example, after tonight's slaughter of the shorts, there is a one-sided decline), then you must start to gradually reduce the long position, this process will definitely give back some profits.
For example, I made 150u from volatility arbitrage at a high position, reduced my long position and gave back 70u, ultimately hedging to break even + a profit of 70u. This is very normal, no one can hold onto profits 100%.

Finally, ensure that the one-sided drop or rise reaches a price you can accept, and close the other side, for example, closing the short or closing the long.

Hedging does not necessarily mean losing money, and the sky and earth lock is not unsolvable; otherwise, why can those more skilled hedge fund masters achieve stable returns? Ordinary people will definitely make decision-making mistakes, it's too normal. The only thing we can do is to ensure that we don’t lose our principal. If profits are lost, then just run away.

So sleepy, 🐶 the market maker stops dropping halfway and still traps me with 270u, I can't sleep peacefully. I must ensure it drops down so I can land smoothly, and not declare war again with the shorts. 🐶 the market maker is playing that trick again, I have to hedge against him to the limit for my few pieces of white bread. I can't let him take it away.