$SPCX 2X Long ETF(SPCH.US)
Context: SPCH has been under pressure recently, and my position is currently sitting at -4.60%. The market price is 9.005 compared with my cost of 9.440. I’m expecting volatility to remain high, so I’m focusing more on the overall market direction rather than reacting to every short-term move.
My trade: I’m adding andholding my position for now instead of cutting it purely because of the current loss. Since this is a 2X leveraged ETF, I’m keeping the position size and risk in mind while waiting for a potential recovery.
Takeaway: Next time, I’d be more disciplined about my entry and position sizing, especially when trading leveraged products. 📊
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