From hot streak, to giving it all back in one trade ๐Ÿ˜ถ. This oneโ€™s justโ€ฆ cruel timing. Trader 0x7f5f had it dialed in -- three oil longs in a row, stacking up about $2.67M. That kind of streak builds confidenceโ€ฆ maybe even a bit too much. So 9 hours ago, they go again. Big size. around 213K contracts on crude i.e. $CL , around $20M exposure. And then....yupโ€ฆ the headline hits.


The USโ€“Iran ceasefire drops, and #oil just falls off a cliff. Not a normal move either...prices dropped roughly 14โ€“15% in a single day, one of the sharpest declines in decades . And just like thatโ€ฆ That entire $2.67M profit... Gone. Now sitting at -$3.62M.
Here is the address ๐Ÿ‘‡
0x7f5ff9f8da891ffe5229e33b90959ae1e6d5f47e
WE THINK: Sometimes itโ€™s not the losing trades that hurt the mostโ€ฆitโ€™s the one that takes back everything you already earned.
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments