"Survive the volatility and profit" is how
@rektdiomedes framed it. Turned out to be a decent description. Opened a $BTC position about five minutes before the CPI print ⏱️
People usually think that's a bad idea. The problem isn't just calling the direction. The first minute after a print rarely moves in a straight line. It goes both ways before it picks one, and at high leverage the wrong wick ends the trade before the thesis ever gets tested.
Every new
@FX100Perp position starts with 15 minutes of liquidation protection, regardless of what price does during that window. So the first swing becomes something you can survive instead of something that ends you 🎢
Price did go both ways early. When the countdown hit zero the position was still open and in profit, and it kept running after protection expired.
This was on testnet, but it did change how I think about trading scheduled events. I'd normally rather sit them out than be leveraged into a print, but with a protection window like that, it might be interesting.