R
Sep 9 at 01:52 PM
$Tencent 5xLongSG270930(PSJW.SG)Context: Tencent remains under pressure and my leveraged position has slipped further since my last update. The recovery I was hoping for hasn’t happened yet.
My trade: I’m still holding my Tencent 5xLong position at a cost of 0.045. It is currently trading at 0.030, putting me down 33.33%. I haven’t added to the position as I prefer to wait for clearer signs of a recovery.
Takeaway: This trade is a good reminder of how quickly leverage can amplify losses. Next time, I need to be more disciplined with my entry and risk management. @Captain's Treasure
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