$Tencent 5xLongSG270930(PSJW.SG)Context: Tencent continues to struggle and the weakness has pushed my leveraged position slightly deeper into the red.
My trade: I’m still holding my Tencent 5xLong position with a cost of 0.045. The market price is now 0.029, leaving the position down 35.55%. I’m not adding more at this stage because I want to see clearer signs of stabilization before increasing my exposure.
Takeaway: This position has tested my patience and shows why leverage needs careful risk management. For now, I’ll stay cautious and avoid averaging down simply because the price is lower. @Captain's Treasure
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