$SLX What was that, Binance? 🤔
I held a short on SLXUSDT for almost 3 days. During all this time the position was in the red, but liquidation was still very far off, I didn't set a stop-loss.
Today the position closed, and immediately after that the coin started falling exactly toward my position.
Has anyone encountered something like this? Why could Binance close the position if there was no liquidation?
Was it a cross-margin feature, automatic position reduction, or something else?
I'm interested to hear the opinions of those who actually trade futures.
I held a short on SLXUSDT for almost 3 days. During all this time the position was in the red, but liquidation was still very far off, I didn't set a stop-loss.
Today the position closed, and immediately after that the coin started falling exactly toward my position.
Has anyone encountered something like this? Why could Binance close the position if there was no liquidation?
Was it a cross-margin feature, automatic position reduction, or something else?
I'm interested to hear the opinions of those who actually trade futures.