Well that's not the bottom line, is my point. Psychologically you may feel like it is but really you're selling a portion of your gains and your initial stake.
If I bought $10k worth of TNY and now it's worth $100k, you can tell yourself that selling $10K is getting "free carry" but from an accounting perspective you're selling $1k of your initial stake and $9k of capital gains. It doesn't matter if you're sitting on $90K worth of gains, or whether you bought $100K yesterday (again, ignoring tax considerations) - you've got $100K at risk.
I've now sold more $ worth of TNY than I ever bought, but that's nothing but a feel-good score keeping - if it goes to zero tomorrow I wouldn't be happy that I'd made money on my initial investment, I'd be pissed that I just lot everything that I had yesterday.
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Last
8.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.47M |
Open | High | Low | Value | Volume |
8.0¢ | 8.2¢ | 8.0¢ | $26.79K | 332.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 7.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 12745 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.077 |
1 | 100000 | 0.070 |
1 | 250000 | 0.062 |
1 | 2000 | 0.052 |
1 | 19627 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 12745 | 1 |
0.084 | 100000 | 1 |
0.086 | 11499 | 1 |
0.088 | 100000 | 1 |
0.089 | 98644 | 1 |
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