Let’s put the jokes aside for a moment: in the past hour, about $6.12 million in Binance futures positions were liquidated. Longs accounted for 27.3% ($1.67 million in longs / $4.45 million in shorts). The largest liquidation was $BTC ($2.82 million).
My rule as a joke-maker: keep leverage low enough to sleep soundly, and make your stop-loss as punctual as your alarm clock.
Seriously, maintenance margin is the minimum margin required to keep a position from being liquidated. The larger the position’s notional value, the higher the required margin ratio usually is.
Don’t change your original plan based on a single indicator, and certainly don’t gamble with borrowed money on one reading.
#BTC
My rule as a joke-maker: keep leverage low enough to sleep soundly, and make your stop-loss as punctual as your alarm clock.
Seriously, maintenance margin is the minimum margin required to keep a position from being liquidated. The larger the position’s notional value, the higher the required margin ratio usually is.
Don’t change your original plan based on a single indicator, and certainly don’t gamble with borrowed money on one reading.
#BTC