Opened a new trade without a pair by launching a short on AVAXUSDT at 9.867.
💡 What’s interesting is that when a position is forcibly liquidated on futures, the exchange closes it not at the market price, but transfers it to a special insurance fund. This fund is needed so that during sudden market moves, successful traders don’t lose their profits due to automatic position reduction.
The stop-loss is set right when entering, so the risks are limited.
Do you currently hold positions on AVAX?
$AVAX #Futures #CryptoTrading
💡 What’s interesting is that when a position is forcibly liquidated on futures, the exchange closes it not at the market price, but transfers it to a special insurance fund. This fund is needed so that during sudden market moves, successful traders don’t lose their profits due to automatic position reduction.
The stop-loss is set right when entering, so the risks are limited.
Do you currently hold positions on AVAX?
$AVAX #Futures #CryptoTrading