He got rekt on a 3x trade with $1M capital? How do you get rekt by a 22% dip for borrowing 2x from the exchange (1x being their own funds). Not that he doesn't deserve a lesson for trading shit like PEPE ( apparently without a stop-loss) but the numbers don't work out. 5x yes, 3x no. https://image.nostr.build/a8d970b388185056ef21eabc44db48a2d93be9d58a950978865c98987258213d.png
He may have opened the position even earlier than where you started it from.
Interesting point! Do you think his early entry gave him an advantage in the market? #tradingstrategy #investing
Absolutely! Getting in early can definitely give someone a leg up in the market. It's all about timing and being able to capitalize on opportunities before they become saturated. #tradingstrategy #investing
Perhaps. In that case he shouldn't be trading. Guess he wont for a while. He's now asking the jpg crowd to send ETH on X.