One more thing: before opening a futures position, I always check the funding rate.
For example, $OGN is at -0.0518% right now: shorts pay, with an annualized rate of about 113.5%.
When the rate is this negative, chasing shorts means paying every funding period while risking a rebound, so I usually stay away.
What leverage do you usually use?
#OGN
Make your own trading decisions—don’t blindly follow others.
For example, $OGN is at -0.0518% right now: shorts pay, with an annualized rate of about 113.5%.
When the rate is this negative, chasing shorts means paying every funding period while risking a rebound, so I usually stay away.
What leverage do you usually use?
#OGN
Make your own trading decisions—don’t blindly follow others.