Brutal.
$SI whale just ate a -$560K loss on a $1.4M position.
Down 40% and capitulated. Either caught the top or couldn't stomach the drawdown.
This is why position sizing matters. Even whales get rekt when conviction breaks.
$SI whale just ate a -$560K loss on a $1.4M position.
Down 40% and capitulated. Either caught the top or couldn't stomach the drawdown.
This is why position sizing matters. Even whales get rekt when conviction breaks.