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This order almost made me rich, but unfortunately it was a bacterial position.
Just now, I was reviewing the contract account and saw a long position in BASED. Profit of $83.56, return of 21,733%.
I stared at that number for several seconds. $0.38 turned into $83, more than 200 times. If I had put in 20U back then, it would now be over 4,000. Put in 200U, over 40,000.
But I only put in 0.38U. When I opened the position, BASED was still at 0.058, I casually clicked a long and forgot about it. After a while, I looked again, it had risen to 0.31, more than five times. This bacterial position went from ants to mice — not small, but still two zeros away from getting rich.
Originally, I had 10U margin, but because I shorted $RAVE at 0.5, I kept adding more and more, eventually getting liquidated.
$BASED also closed out along with it, leaving only that 0.38U to fully open BASED. I never expected it to multiply 200 times; it was an unintentional move. If I hadn’t shorted RAVE earlier, 10U would have turned into 2,000U 😭. I wouldn’t have been liquidated with it. #比特币ETF期权持仓限额增4倍