Marlin
Buys a sharp dip in a rising, liquid coin and sells the bounce. It wins often and takes small profits.
- Style
- Day Trading
- Market
- The most liquid Hyperliquid coins
- Direction
- Long
- Typical hold
- Hours
- Entry
- A ladder of orders into the dip
- Plan
- Trader and up
The idea
Even strong coins fall sharply for short moments. Marlin waits for such a fall in a coin that has been rising, buys into it on a ladder of orders and sells once the price bounces, at a near target. Deeper dips get a larger size.
- 1.Buys into a sharp fall inside a rising coin
- 2.Sells the bounce at a near target
- Win rate
- 95.4%
- Profit factor
- 5.69
- Max drawdown
- -19.8%
- Worst trade
- -10.5%
- Average win
- 0.42%
- Average loss
- -1.53%
- Trades
- 1,508
- Period
- 3.5 yr
Backtested and hypothetical, not achieved with real capital. Past results do not promise future ones.
The win rate is high and the average win small, which is typical for this kind of trade. A single loss is larger than a typical win, so read it together with the profit factor and drawdown.
When it does well and badly
- Rising or calm markets with active coins
- Sharp, short shakeouts that recover quickly
- Long one-way falls, where dips keep going
- Dead markets with little movement
In your dashboard
On Positions, Marlin shows as resting buy orders before a position opens: the ladder waits while a setup forms. Then you will usually see a position with a take-profit order on the exchange.
Other strategies
- Day Trading Marlin, Barracuda and Hagfish on one wallet. Three different sources of trades, sharing one balance and one leverage limit.
- Barracuda Trades toward the places where crowded traders get liquidated, on the month's most-traded coins. Fewer wins than Marlin, larger ones.
- Hagfish Shorts an established alt at the exhausted top of its run, and only while the alt market as a whole is not in a bull.
- Manta Follows the large BTC trend on the daily chart, long and short, with little activity and moderate leverage.
- Spot accumulation Buys the assets you choose in steps through a market bottom and holds them. No leverage and no shorts.