🐋 Beyond understanding the funds, you should also know this: Reduce-Only
If the quantity of a reduce-only order exceeds your existing position, the excess will not open a position in the opposite direction. The order will be reduced or canceled according to the rules.
Reduce-only is like insurance for closing orders: no matter what quantity you enter, it can only reduce your existing position to zero at most.
Related coin: $BTC quoted at 82657.45 (24h +0.93%).
Make sure you understand the rules before acting. Don’t make decisions based on gut feeling.
#BTC
These views are for discussion only. You are responsible for your own profits and losses.
If the quantity of a reduce-only order exceeds your existing position, the excess will not open a position in the opposite direction. The order will be reduced or canceled according to the rules.
Reduce-only is like insurance for closing orders: no matter what quantity you enter, it can only reduce your existing position to zero at most.
Related coin: $BTC quoted at 82657.45 (24h +0.93%).
Make sure you understand the rules before acting. Don’t make decisions based on gut feeling.
#BTC
These views are for discussion only. You are responsible for your own profits and losses.