Today's lesson: isolated margin and cross margin
With isolated margin, each position only uses the margin allocated to it. If it gets liquidated, your maximum loss is that margin.
When using cross margin, don't put all your funds into your futures account—only transfer the amount you're prepared to risk.
With futures positions, think about your stop-loss before you think about potential gains.
Back to the market: $BTC is trading at 83625.95 (24h +0.17%).
#BTC
I'm just chatting—don't take this as advice.
With isolated margin, each position only uses the margin allocated to it. If it gets liquidated, your maximum loss is that margin.
When using cross margin, don't put all your funds into your futures account—only transfer the amount you're prepared to risk.
With futures positions, think about your stop-loss before you think about potential gains.
Back to the market: $BTC is trading at 83625.95 (24h +0.17%).
#BTC
I'm just chatting—don't take this as advice.