Gm crypto perps traders! β
And Happy Monday!!
So here's the truth... the majority of people trading crypto perps are trading with a large percentage of their overall available capital.
But here's the thing... you don't need to risk 10% or more of your account to make trading worthwhile.
Risking a small percentage per trade allows you to survive losing streaks, which DO happen.
And that's important because losing streaks are inevitable.
Your job isn't to avoid every loss, because they're going to happen regardless.
Your job is to make sure 5-10 losses don't end your trading career.
Survival comes first π
Profit comes second π«‘
Gm crypto perps traders! β
Trader question:
You're watching $SOL...
4H resistance is approaching...
Momentum is strong...
Funding is getting expensive...
Do you...
A) Long the breakout
B) Wait for confirmation
C) Short the resistance
D) Stay out
What's your play?
Gm crypto perps traders! β
Here's a little tip for ya...
First off, anyone trading crypto perps should ALWAYS be watching open interest...
If price is up and OI is up - buyers are most likely entering new positions.
If price is up but OI is down - traders might be starting to close their positions.
Now if price is down and OI is up - it could mean new positions are starting to build (usually seen after consolidations).
And if price is down and OI is also down - it tells us that traders are definitely closign their positions.
Now keep in mind, OI itself isn't a "signal" or anything like that...
It's context - very useful context π
Gm crypto perps traders! β
How was everyone's weekend?
We had a little hiccup with our front-end hosting environment on Friday but we're back to normal now.
Hope everyone has a good new week of trading! π
Gm Crypto Perps Traders! βοΈ
We may be a Solana perps DEX, but we also think crypto perps trading education is extremely important.
So this morning we've got a perps trading checklist for everyone...
Before you open a crypto perp, take 30 seconds and answer these questions:
What am I trading?
Am I long or short?
What's my entry?
Where is my thesis invalidated?
Where is my stop?
What's my position size?
How much am I risking?
What leverage am I using?
What's my liquidation price?
Am I paying or receiving funding?
What are my entry and exit fees?
What's my plan if the trade moves against me?
If you can't answer these before clicking βLong or Short,β you probably haven't planned the trade...
Perps make it incredibly easy to enter a position.
The hard part is knowing exactly what you're entering, which is why these questions should be answered beforehand - so that you know exactly what you're getting into and not just front-running π
Gm Sprout Perps Traders! βοΈ
We have finished paying out rewards to everyone who participated and won some free USDC in our PnL trading competition!
This was our first competition and we've got many more coming!
For our next crypto perps trading competition we'll be turning our leaderboard on and the winners will be based on both trading volume + PnL instead of just PnL like this last one.
Details will come soon so be ready for it! π½
Results from our PnL Trading Competition...
Winners 1-5 for $20 are below...
1) @Crypto_Ambah +125%
2) @defimonarch113 +104%
3) @garrett_n_stuff +94%
4) @CryptoFelix200 +92%
5) @yb_iam929 +65%
Winners 6-8 for $10 are below...
6) @6affah_ +47%
7) @Ojite_precious +38%
8) @degen_wizardx +23%
If you're account handle was tagged, comment down below with your Sprout USDC address so we can get your winnings sent over to you!
We only ended up getting 8 submissions (normal for a small trading platform) so we'll try for 10 on the next competition!
Gm Solana Perps Traders!! βοΈ
We've got a small competition starting today!!
Share your biggest wins on Sprout! π
Post your PnL cards under this post for your chance to win a little bit of USDT!!
10 Winners - $200 USDT Total
π Top 5 Best PnL - $20 USDT Each
π Remaining Top 5 - $10 USDT Each
π₯ How To Enter π₯
1) Trade Solana perps on Sprout during the campaign.
2) Generate your PnL card using Sprout's built-in PnL sharing feature (share icon in your "Net PnL" history under the "Position History" tab)
3) Follow, like, and quote-Tweet this post with your PnL card. Tag @SproutPerps and 1 friend as well.
β° Time Period: September 22nd - September 30th
Good luck Solana perps traders!! π₯
@udinsebit I noticed you didn't post your submission underneath the original post but I'll still include you as a winner. Comment down below with your Sprout USDC address and I'll get your winnings paid to you.
Gm Sprout perps traders! β
This is what we love to see! π
There's only one day left of our PnL competition and we'll be announcing winners and distributing funds tomorrow afternoon!
Keep those profits going! π
Gm Sprout perps traders! β
How was everyone's weekend?
Don't forget we'll be picking the top 10 winners for our mini PnL competition on the 30th!
What's the best meme on Solana right now? And does it have a futures pair yet?
Asking for the guy that's in charge of our perp listings π
Bitget got hit...
Users still trust CEXs...
Why though?
How many breaches will it take before crypto traders start taking their capital seriously and start using safer trading platforms?
Gm crypto perps traders! β
Should we start listing some popular PumpFun memecoins as futures contracts on Sprout?
If so, which tickers should we list?
We're planning on doing this once our DEX starts to gain more traction and volume π
Gm crypto perps traders! β
6 days left to get your PnL cards posted for your chance to win some USDT! π
Remember... there will be 10 winners in total so more people have a chance to win something!
This won't be the last mini PnL competition either, we're planning on doing many more in the future with much larger prizes as well π
In addition, we're starting to structure out a larger points style trading competition for everyone also. More details on that will be announced once we're ready.
Happy trading everyone! π
Gm Solana Perps Traders!! βοΈ
We've got a small competition starting today!!
Share your biggest wins on Sprout! π
Post your PnL cards under this post for your chance to win a little bit of USDT!!
10 Winners - $200 USDT Total
π Top 5 Best PnL - $20 USDT Each
π Remaining Top 5 - $10 USDT Each
π₯ How To Enter π₯
1) Trade Solana perps on Sprout during the campaign.
2) Generate your PnL card using Sprout's built-in PnL sharing feature (share icon in your "Net PnL" history under the "Position History" tab)
3) Follow, like, and quote-Tweet this post with your PnL card. Tag @SproutPerps and 1 friend as well.
β° Time Period: September 22nd - September 30th
Good luck Solana perps traders!! π₯
Gm Solana perps traders! β
A little morning tip for ya...
Stop checking the 1-minute charts!
If your trading thesis requires you to look at a screen 45 times an hour, you aren't trading - you're just gambling with extra steps.
Shift to the higher timeframes.
When you're trading on the micro scalping timeframes, you're basically trading with all the other 50-100x gamblers... and when you switch to higher timeframes, you're then trading with the mature and consistently profitable traders.
And there's a reason they're trading on the higher timeframes... less noise coupled with much larger opportunities.
Gm Solana Perps Traders!! βοΈ
We've got a small competition starting today!!
Share your biggest wins on Sprout! π
Post your PnL cards under this post for your chance to win a little bit of USDT!!
10 Winners - $200 USDT Total
π Top 5 Best PnL - $20 USDT Each
π Remaining Top 5 - $10 USDT Each
π₯ How To Enter π₯
1) Trade Solana perps on Sprout during the campaign.
2) Generate your PnL card using Sprout's built-in PnL sharing feature (share icon in your "Net PnL" history under the "Position History" tab)
3) Follow, like, and quote-Tweet this post with your PnL card. Tag @SproutPerps and 1 friend as well.
β° Time Period: September 22nd - September 30th
Good luck Solana perps traders!! π₯
Top 5 Gainers & Losers on Sprout...
Gainers:
ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 +23%
solana:EKpQGSJtjMFqKZ9KQanSqYXRcF8fBopzLHYxdM65zcjm +17%
ethereum:0x0f2d719407fdbeff09d87557abb7232601fd9f29 +16%
solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk +15%
ethereum:0xaea46a60368a7bd060eec7df8cba43b7ef41ad85 +14%
Losers:
ethereum:0x57e114b691db790c35207b2e685d4a43181e6061 -7%
$CL -5%
$BZ -4%
base:0xcf5473736c9ce3299c274e4bca54138a41f7cb07 -3%
optimism:native -3%






