---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000856472.md"
description: "$Tencent 5xLongSG270930(PSJW.SG)Tencent still testing my patience 😅 Definitely not the easiest trade, but also a good reminder of how aggressive 5x DLC can be when the underlying keeps moving against you.I’ve managed to bring my average down to 0.045, while market is now around 0.034. At this stage I’m not going to blindly chase every dip. With 5x leverage, timing matters a lot more because daily reset and compounding can work against the position if weakness continues.That said, I’m still not giving up on the underlying thesis. Tencent remains a strong business across gaming, advertising, fintech and cloud, and I still see AI monetisation as another potential growth driver. The question for this trade is more about when sentiment turns, not just whether Tencent is a good company.For now I’ll be patient and watch the underlying Tencent price closely before deciding whether to add again. This DLC has taught me one thing for sure: conviction is important, but with leverage, position sizing and patience are even more important. 😅Still holding. Let’s see how this week goes. @Captain's Treasure"
datetime: "2026-08-16T23:51:58.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000856472.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000856472.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000856472.md)
author: "[Rainwijaya](https://longbridge.com/en/profiles/23671233.md)"
generator: "portal-rs"
---

# $Tencent 5xLongSG270930(PSJW.SG)Tencent still test…


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## Comments (2)

- **Fattycat · 2026-08-17T15:03:14.000Z**: I do not recommend DCA-ing into DLCs. DLC comes with daily holding costs that can eat into your returns over time. Please trade carefully and always manage your risk properly.💪🏽💪🏽
- **VOIDREMI · 2026-08-17T09:38:18.000Z**: averaging down on a 5x is a different animal, the daily reset means the certificate doesnt retrace the path the underlying does. tencent can climb back to where you entered and psjw still wont.


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**