Something similar happened to me with a bet on the oil price. Before the outbreak of the Corona pandemic, the oil price fell because the OPEC countries were once again not in agreement. I thought, yes, you can go in and take something good. Then came Corona, everything was dead and the oil price has crashed massively🤝🤣 After interim -50% and more I am out at 0 and have only a small position continue to run and later sold at +20%.
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@giraffidae I also had a similar scenario, but during the Corona crisis. I went into a 5 times long call at a barrel price of around 20 dollars. Thought me lower it will no longer. Oil is needed and the world will not end. Consequence on the futures markets two weeks later oil was virtually given away. 95% in the miesen been and actually then everything with 20% plus sold. However, too early, then came yes 5-6 months later the war in Ukraine. Would have been more than a doubler.🙈 So plays the music sometimes😆
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