I'm testing "Smart exit" feature of @KyberNetwork :
- Entry price : ETH/USDC = 2,125 (or so)
- Price range: (1,900; 2,300)
My playbook is I will wait for several hours to confirm the direction of the market to set exit price.
e.g:
- If ETH/USDC > entry -> Set exit price ≤ entry = 2,125.
- If ETH/USDC < entry -> Set exit price ≥ entry = 2,125.
Expected result:
- I can exit at entry price, so my IL = 0 while earning extra fees.
Will keep everyone posted on it.