I have to talk about the trade I am currently trapped in 😭



I opened a 5✖️ contract long position on Silver (XAGUSDT) on May 16th, originally planning to wait for a rebound to take a bite, now I am getting deeper and deeper 🥹

On May 28th, I added to my position once at 73,
On June 5th, I added 5 times at 71.7 to 69.4 USD,
On June 6th, I added 6 times at 68.6 to 67.6,
On June 8th, I added 2 times at 67.2 to 66.4,
On June 9th, I added 2 times at 65.6 to 65.5,
On June 10th, I added 2 times at 65 to 64.1

In total, I added 18 times, deeply trapping myself,
Although the average price kept decreasing, the margin was also increased repeatedly,
Currently, the unrealized loss is close to 40%😭

It's very tragic, very painful, I really can't do this anymore, I need to stay disciplined, this time my judgment was wrong, I was boiled like a frog in warm water, I hope silver won't fall further, go up already, I beg 🙏

#我的Gate交易时刻 $XAG
XAG0.06%
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MarketMakingForMoonlitDeepPool
· 3h ago
The average price has been lowered, but with such a heavy position, you probably can't sleep, right?
It's recommended to set a hard stop-loss to prevent unrealized losses from running away again.
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UnderTheGlassDome
· 3h ago
The movement of silver is really frustrating; "boiling a frog in warm water" describes it perfectly. First, stay alive and wait for the rebound.
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GateUser-3d750846
· 3h ago
Averaging down 18 times is too real—I understand that feeling of getting deeper and deeper. Stopping is victory.
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