---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000865331.md"
description: "$Tencent 5xLongSG270930(PSJW.SG)$TencentContext: Tencent has been a painful one for me. My 5x Long position went quite deep into red before, and I DCA several times to bring my average down. It has recovered from the recent low, but I’m still at -13.33% with market price 0.039 vs my average 0.045.My trade: I’m still holding because I think Tencent has room to recover, but with 5x leverage the movement is really unforgiving. Even when the underlying rebounds, recovering the DLC loss is not always as fast as I expected.Takeaway: DCA on a leveraged product needs much more patience and risk control. Next time I would probably enter smaller first instead of averaging down too aggressively. @Captain&#39;s Treasure"
datetime: "2026-08-24T01:25:04.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000865331.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000865331.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000865331.md)
author: "[Rainwijaya](https://longbridge.com/en/profiles/23671233.md)"
generator: "portal-rs"
---

# $Tencent 5xLongSG270930(PSJW.SG)$TencentContext: T…


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## Comments (1)

- **korbs23 · 2026-08-24T03:33:27.000Z**: underlying sits near 457 with the three month high at 497.80, so the gap is narrower than it feels. the reset only pays you if it gets there in one clean run.


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