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Whalepool Freedom Fund (WFF)

Idea

Binance Futures account is currently funded with 100,000 USDT. This is the Whalepool Freedom Room community fund (or, Whalepool Freedom Fund – WFF) that we want to grow as much as possible.

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The decisions of how this fund will trade are completely up to the community. Those who are actively involved and making trade recommendations and contributing to the debate/consensus over taking positions will share in the success (HUGE PARTY) of the community fund.

A leaderboard will be drawn up of all the successful trades (with profit) of people who make suggestions.

Risk Rules

  1. Only 5x isolated leverage positions allowed with max 10,000 USDT per position

  2. Every trade MUST have a Stop Loss (and Take Profit) associated with it

  3. If user has made a losing suggestion then they can't make the next trade suggestion

  4. No more than three concurrent trades at once

  5. Only used to trade Perps, no spot or other things (so exposure is purely being handled by the futures positions)

Example:

  • MATIC trading at $1
  • We put 10,000 USDT behind position
  • Take 50,000 MATIC position ($50,000 position size)
  • Isolated leverage is 5x
  • 10,000 USDT x 5 = $50,000 of MATIC
  • Stop loss: $0.9, Take Profit $1.3
  • Imagine MATIC dumps to $0.9, we lose 50,000*($1-$0.9)= 5,000 USDT

Execution

In the beginning, The WFF will be excuted by Swapman per trades which have reached consensus, using the specified parameters.

In future, a bot will be used on Telegram/Teamspeak to show the active positions in the account to give community visibility of all active positions.

Tracking Trades

!!ALL POSITIONS ADD Entry, S/L, TP!!

Date Suggester Symbol Direction Entry S/L T/P Note
**May 15th, 23 UTC swapman MATIC-PERP Long 1.80 N/A
May 15th, 23 UTC cept0r YFI-PERP Long 1*; 69708 2; 66060 hard stop: 57314 (70%), soft-stop: 61666 (30%) TP1: 98666, TP2: 101011
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May 15th, 23 UTC Oak **** **** Long **** **** N\A
May 15th, 23 UTC ATL can rap YFI-PERP 69708 Long **** **** N\A
May 15th, 23 UTC Stealth SRM-PERP Long 5.8 4.8 11 size 5000 units - $29,000
May 16th, 20 UTC Bezos/C4 BTC-Fut Long 36-32 NA EXP size 5000 units
May 17th, ** UTC ******* ****** ****** ****** ****** ******
May **th, ** UTC ******* ****** ****** ****** ****** ******
May **th, ** UTC ******* ****** ****** ****** ****** ******

Comments & Notes

Swapman: can leave this info in the Note as an omnibus -- not sure if TP should be a hard requirement? SL though for sure...

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