📌 $BTW 15-minute contract open interest increased by 477.63%; price over the same period: -2.27%.
[Term explained] What is open interest?
When both buyers and sellers open new positions, open interest increases; when both sides close positions, it decreases; when one side opens a position and the other closes one, open interest remains unchanged.
Calculate your order size based on the stop-loss distance. It’s much more reliable than placing orders by intuition.
#BTW
[Term explained] What is open interest?
When both buyers and sellers open new positions, open interest increases; when both sides close positions, it decreases; when one side opens a position and the other closes one, open interest remains unchanged.
Calculate your order size based on the stop-loss distance. It’s much more reliable than placing orders by intuition.
#BTW