$Tencent 5xLongSG270930(PSJW.SG)This position has truly tested my patience. After being deep in the red, it has finally worked its way back to break-even. It’s not the outcome I imagined, but it does remind me that markets have a way of rewarding those who don’t panic at the worst possible moment.

Now comes a different challenge—not surviving the drawdown, but deciding what to do next. Sometimes protecting capital is just as important as chasing the next upside. If my original thesis starts to weaken or a better opportunity comes along, there’s nothing wrong with taking a step back and reallocating.

One lesson I’ve learned is that every trade has a season. Some positions deserve more patience, while others teach us that it’s okay to move on without regret. Investing isn’t about proving we’re right—it’s about making the best decision with the information we have today.

Trade Summary: Patience got me back to square one. Whether I continue to hold or decide it’s time to let go, the goal remains the same: protect capital, stay disciplined, and always think long term. @Captain's Treasure