Before looking at fund flows, make sure you understand the rules. This time, let’s talk about the average entry price.
You pay a fee when opening and closing a position, and both fees are based on notional value. So the price has to move past your average entry price and then a bit further for you to break even.
Before adding to your position, calculate your total position size and new liquidation price—don’t focus only on your average price going down.
The coin mentioned above: $BTC is quoted at 82224.01 (24h +0.46%).
You pay a fee when opening and closing a position, and both fees are based on notional value. So the price has to move past your average entry price and then a bit further for you to break even.
Before adding to your position, calculate your total position size and new liquidation price—don’t focus only on your average price going down.
The coin mentioned above: $BTC is quoted at 82224.01 (24h +0.46%).