$UOB 5xLongSG261217(W9AW.SG)Context: UOB has experienced a noticeable pullback recently, and my leveraged position has given back a significant portion of its earlier gains. However, the investment remains profitable overall.
My trade: I’m still holding my UOB 5xLong position with an average cost of 0.155. The market price has dropped to 0.203, bringing my unrealized gain down to 30.96% from the previous 61.29%. Despite the decline, I’m monitoring the position closely before deciding my next move.
Takeaway: This trade reminds me that unrealized profits are never guaranteed. With leveraged products, protecting gains is just as important as making them. Setting clearer exit targets could help me manage future volatility more effectively. @Captain's Treasure
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