Tonight, this RSR long position was stopped out. The position history shows a realized loss of 205.40 USDT. Profitable trades are worth sharing, and losing trades are worth documenting carefully too.
Let's first lay out how the trade unfolded. The following data comes from Binance's RSRUSDT perpetual order history, trade history, and refreshed position history. Times are in Beijing time.
1. How was this trade executed?
The position was opened at 20:32 on October 5, going long with 10x leverage on cross margin.
First order: Bought 1,639,344 RSR at 0.001830.
Second order: Added 2,000,000 RSR at 0.001733.
Combined total: 3,639,344 RSR, with a cumulative opening notional value of approximately 6,466 USDT. This is the notional value of the contracts, not the margin invested.
Based on the two filled orders, the weighted average entry price was approximately 0.00177669. The position history interface shows 0.001776.
A limit order to close the long position was submitted at 22:47:05, and the entire position was closed by 22:47:30 at an average fill price of 0.001721. The position was held for approximately 2 hours and 15 minutes.
The final position history shows:
Realized P&L: -205.40 USDT.
Return: -31.77%.
Here, “stop-loss” refers to exiting this losing trade. The actual record shows that a limit order to close the long position was fully filled. The 0.001721 price is the closing fill price, not a verified conditional-order trigger price.
2. The most important thing to review about this trade is how the risk changed after adding to the position
The second purchase was at a lower price, which did bring the average entry price down from 0.001830 to approximately 0.00177669. But the position size also grew from about 1.64 million RSR to about 3.64 million RSR.
Looking only at price movements and excluding fees:
Before adding to the position, each 0.000001 USDT drop increased the position's loss by about 1.64 USDT.
After adding to the position, the same one-increment drop increased the position's loss by about 3.64 USDT.
The average entry price came down, but exposure to subsequent price movements increased to about 2.22 times its original level. When reviewing an addition to a position, don't focus only on the improved cost basis—also consider whether the loss budget changed accordingly.
At the actual closing price for this trade, the additional 2 million RSR generated a price-difference loss of about 24 USDT, before fees. This breakdown reflects the outcome of the actual fills; it does not mean the exit would necessarily have happened at the same time and price without adding to the position.
3. Keep the price decline separate from the position's return
From the weighted average entry price calculated from the two orders to the closing price, the price fell by about 3.13%; the platform shows a position return of -31.77%. With 10x leverage, an adverse move of just a few percentage points can correspond to a significant drawdown in the position's return.
-31.77% does not mean the account's total assets lost 31.77%, nor does it mean RSR fell 31.77% that day. This review uses the -205.40 USDT shown in the platform's position history as the P&L figure, rather than using the truncated entry price displayed in the interface to estimate the final amount.
4. Takeaways from this review
This trade is another reminder that when averaging down, I need to reassess the risk at the same time. I should ask not only “how much more does the price need to rise for me to break even?” but also “how much more will I lose on the added position if the price keeps falling?”
There is no need to invent a justification for every action after the fact. The fill records can reconstruct the purchases, the addition to the position, and the exit, but the outcome alone cannot prove whether the entry signal was adequate or whether adding to the position followed the original plan. That needs to be checked against the rationale for the trade and the risk budget established before entry.
The outcome is now final: all RSR long positions have been closed, for a loss of 205.40 USDT. Recording the process and how the risk changed is more valuable than showing only a screenshot of profits.
Data verified on: October 5, 2026. Personal trade review; not investment advice.