Recently, it's becoming increasingly difficult to wash trade on Binance Alpha. A slight mistake can lead to a loss of over ten dollars. I tested it all afternoon today and finally managed to run the "High Frequency Low Loss Mode" in the Binance Web3 wallet. Now, I'm sharing the "thought process and trading steps" with everyone:
1⃣ Thought Process One: The loss was quite significant yesterday, so I started choosing tokens with low price increases, waiting for them to rise after placing an order. This is too time-consuming, and I can't afford the time drag with multiple accounts, so I'm still testing high-frequency trading.
2⃣ Thought Process Two: For high-frequency trading, I like to find tokens with large trading volumes, a 24-hour increase of less than 10%, and orders over 10,000U. On BSC, I saw that $B2 had the highest trading volume, a 24h increase of 10%, and someone was consistently trading with 1.5K funds, using 3-5 wallets to buy and sell simultaneously.
3⃣ I take advantage of the times when these wallets are selling $B2 to buy in. To avoid transaction failures and ensure low losses, I made the following settings:
🔸 Step One: Set the purchase slippage to within 1% and enable MEV when placing an order;
🔸 Step Two: After wallet confirmation, refresh a few times, and sell immediately after the token balance appears, ensuring the selling slippage is less than 2%;
🔸 Step Three: Ensure MEV is enabled when selling, then "swap"
🔔 I have tested with both USDT and BNB, and the above method results in very low losses, especially when trading with BNB, which is the fastest and least wearing. Due to the large trading volume of $B2, there are sometimes unexpected profits.
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