$Singtel 5xLongSG280307(XNEW.SG)Context: Singtel has remained weak recently, and the continued decline has pushed my leveraged position further into negative territory.
My trade: I’m still holding my Singtel 5xLong position with a cost of 0.310. The market price is now 0.265, leaving me down 14.51%. I haven’t added more because I would rather wait for the price to stabilize before deciding whether to increase my position.
Takeaway: This trade reminds me not to become too comfortable with unrealized profits. With leverage, momentum can reverse quickly, so having a plan to protect gains is just as important as finding a good entry. @Captain's Treasure
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