# Strategies

## Sentiment Edge

{% embed url="<https://app.gamma.xyz/perps/vault/hl/hyperliquid/0xb7e7d0fdeff5473ed6ef8d3a762d096a040dbb18>" %}

1. **Description** - A trading strategy that uses sentiment data to identify tokens to long and short, and balances positions to maintain market neutrality.
2. **Benefits** -&#x20;
   1. Market-neutral: Balances long and short positions to cancel directional risk.
   2. Sentiment-driven: Capitalizes on market psychology and crowd behavior.
   3. Exotic: Uses alternative data beyond traditional candlesticks.
3. **Risks**
   1. Data: Sentiment data may not always correlate with price movements.
   2. Timing: Sentiment shift may precede price action by a varying amount of time.
   3. Funding: Funding rate causes a loss if more paid than received.

## Momentum Edge

{% embed url="<https://app.gamma.xyz/perps/vault/hl/hyperliquid/0xc1703054b55bfa1ac6dbaf25cb1c783ca133181f>" %}

1. **Description** - A trading strategy that uses price momentum data to identify tokens to long and short, and balances positions to maintain market neutrality.
2. **Benefits** -&#x20;
   1. Market-neutral: Balances long and short positions to cancel directional risk.
   2. Momentum-driven: Capitalizes on trend strength.
3. **Risks**
   1. Data: Momentum data may not always correlate with future price action.
   2. Funding: Funding rate causes a loss if more paid than received.

## Switch

{% embed url="<https://app.gamma.xyz/perps/vault/hl/hyperliquid/0x45b3c4f1db017a087a3dd26041e3e1e455f1820f>" %}

{% embed url="<https://app.gamma.xyz/perps/vault/hl/hyperliquid/0xac58775224f59033de47d7f3afbe14f95d0f69d6>" %}

{% embed url="<https://app.gamma.xyz/perps/vault/hl/hyperliquid/0xfc685f96ef2efc6c35b56cc5723e93a5b88fa88f>" %}

{% embed url="<https://app.gamma.xyz/perps/vault/hl/hyperliquid/0x726c8c0ad1cfef5eac01d9c1fc9ae76c3ee2a59d>" %}

1. **Description** - A directional strategy that fully switches long or short based on a binary signal.
2. **Benefits**
   1. Adaptative: The strategy can profit from both upward and downward trends.
   2. Algorithmic: The strategy is executed automatically to avoid human error.
3. **Risks**
   1. Signal: May be false or delayed, causing loss.
   2. Liquidity: Poor liquidity on the order book increases slippage loss
   3. Funding: Funding rate causes a loss if more paid than received.
   4. Leverage: Amplifies losses.

## Shift

{% embed url="<https://app.gamma.xyz/perps/vault/hl/hyperliquid/0xfef90c90b17d0e11a44030464b42af629987b086>" %}

1. **Description** - A directional strategy that shifts exposure based on a continuous score.
2. **Benefits**&#x20;
   1. Adaptative: Designed to profit from both upward and downward trends.
   2. Algorithmic: Executed automatically to avoid human error.
3. **Risks**
   1. Score: May be wrong or delayed, causing loss.
   2. Liquidity: Poor liquidity on the order book increases slippage loss.
   3. Funding: Funding rate causes a loss if more paid than received.
   4. Leverage: Amplifies losses.