Hey everyone, just looking back at that $LAB short position I talked about. I went in around $9, with a pretty ambitious target of $0 and a stop loss set at $12.5. Definitely a high-risk setup, and something everyone should always DYOR on.
Things didn't quite go as planned there. The market saw $LAB actually climb quite a bit, up +34.08% from where it was.
Ended up closing out the perp, and the final PNL on that one was a loss of -3,228.56 $USDT. Sometimes the market throws you a curveball, you know?
#CryptoTrading #LABToken #PerpTrades #RiskManagement #MarketAnalysis