Copy Trading Master’s Winning Strategies Review — Episode 13

LBank Exchange
3 min readNov 24, 2023

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

  1. Copy Trading Master’s Introduction

User Nickname: Offline

Trader’s Profile: https://www.lbank.com/copy-trading/lead-trader/?id=LBA3D77455

Trading Style: Swing Trading

2. Trade Operation Recap

Full position, 50x leverage, short position on BTCUSDT (swing trading), opening at 37,628 USDT, closing at 36,150 USDT, single trade profit +196.4%. As shown below:

3. Trade Review

3.1 Market Background

On November 21st, recently released meeting minutes indicated that in the recent Federal Reserve monetary policy meeting, Fed policymakers once again collectively believed it was appropriate to maintain high interest rates for some time, reiterating a cautious approach and showing no intention to end the interest rate hike cycle.

The meeting minutes suggested that officials may be willing to keep interest rates unchanged at least this year. At the same time, officials emphasized the existence of two risks: one is stronger-than-expected inflation, and the other is weaker-than-expected economic growth.

Compared to the meeting minutes from September, the November minutes hinted at a hawkish inclination, but this inclination is moving towards neutrality.

3.2 Trade Analysis

From November 11th to November 22nd, on the 4-hour chart of Ethereum, after consolidating around $2,000 — $2,100, it slowly declined, as shown below:

On the 15-minute chart, BTC formed a triangle pattern at the high, while ETH had already clearly fallen from the high. When the BTC price surged near the high point of the triangle pattern, a short opportunity emerged. Subsequently, as the price fell, it broke through the $37,000 region, turning the support into a new resistance level. Later, the price further broke through $36,000, but the market immediately began to rebound. When the price rose again above $36,000, buy and close the position immediately. As shown below:

3.3 Winning Strategies Summary

Patience is essential in swing trading.

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

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