elli3

if you farmed @papertrade_xyz early, you already got ~80% of it back 5 hours after launch: 4b paper minted, 96.5% staked $18.3m paid to stakers in USDC example: a guy lost $10k on a 1000x eth short in 4 minutes. got 999k paper, staked it. that paper has paid him ~$8.4k so far had he hedged with a long on a second wallet, he'd already be up the cheap window is closed though. mint rate is down from 100 to 51 per $1

10/10 14:00 UTC @papertrade_xyz goes live today on hyperevm. went through the docs, here's everything that matters before you touch it (you should read and try imo) what it is a perp dex with no order book. you trade btc and eth against the protocol's LP at hyperliquid's live mid price. up to 1000x, no gas, no wallet popup per trade. min deposit 10 usdc from hyperliquid, hyperevm, ethereum, arbitrum or solana the catch when you win you don't get your full profit. say you're up $100: if btc moved 1%, you walk away with ~$86 if btc moved only 0.1%, you walk away with ~$72 the smaller the move, the bigger the cut also, once a position is open you can't touch it. no adding margin, no partial close. and if price hits your liquidation price, your whole margin is gone, nothing comes back the LP starts at $0 nobody deposits into it. it only grows when traders lose. if it can't pay a winner, the profit goes into a fifo queue and gets paid as new losses come in. your margin is never queued, only the profit paper you only get it when you lose. 100 paper per $1 lost until the LP hits $2M, then the rate slowly falls as total losses grow (~30 per $1 at $100M). max supply lands around 12.4B why you'd want it stake it, no lock, instant unstake, paid in usdc: half of every 2% fee every dollar the lp makes above $5M the early math while the LP is under $2M the rate is flat, 100 paper per $1, no decay with time. that window is the whole edge one model i saw: $1k of farming cost with 100x hedged pairs mints ~490k paper. if traders lose ~$250k a day and the lp keeps half: day 41: your $1k is back ~1 year: ~7x ~3 years: ~13x nfa

The Fight Club competition on @PhoenixTrade is a scam. They don't reward traders. They reward a couple of KOL's. KOL's get a good meal in Dubai, traders get shit. Below is the 6 biggest claims of the first 15k$ day. 5 wallets claimed 6k$ of the 15k$ and hardly traded anything. Pure referral income.

trading lesson 1 risk reward R:R every trade you take has two numbers how much you lose if you are wrong, this is your risk how much you make if you are right, this is your reward if you risk 100 to make 250, your ratio is 1 to 2.5 if you risk 250 to make 100, your ratio is 2.5 to 1 and you will go broke good traders generally take 1 to 2.5 or better they can be wrong more than half the time and still make money. you dont need bigger trades to be profitable, you need consistent trades keep your risk fixed at $100 per trade lose one, down $100 lose another, down $200 win one at 1 to 2.5, up $50 overall thats a %33 win rate and you are already green fixed risk + positive expectancy = a profitable trader when your account grows, your risk grows with it, not before the rule, risk %1 to %2 of your total portfolio per trade (depends on your experience) 5k account, $50 to $100 risk 10k account, $100 to $200 risk risk %10 per trade and 10 losses in a row wipes you out (i generally do this on my degen acc. or in competition like @FlashTrade) risk %1 and you can be wrong 20 times and still in the game (you already learned and have a chance to come back) now here is the part most people get completely wrong you do not pick a random trade and say i can lose $100 on this one you build the setup first, mark your entry, mark your stop, mark your target then you size the position so that if price hits your stop, you lose exactly $100 your size adapts to your stop, not the other way around tight stop means bigger position for the same 100 risk wide stop means smaller position the risk stays constant, the size changes you dont take every trade that comes your way, you only take the ones where you can size properly for 100 risk and still hit 1 to 2.5 or better not every trade gets the same risk either leveraged short term trades, 100 fixed, always long term spot buys where you actually believe in the asset, risk can go up to 1000 because you plan to hold and DCA on drawdowns high conviction setups where you know the thesis cold, 300 to 500 with DCA but this only works if it is rare if you treat every trade like your best idea, if you throw conviction size at every setup, you go to zero conviction is earned per trade, not applied to every trade (i used a $10,000 account risking 1% per trade as the example, so the risk amount is $100 throughout. adjust the numbers to match your own account size and risk %.) the goal isnt to make money fast, its to stay alive long enough for the math to work in your favor