Let’s talk about average entry price.
Reducing a position usually doesn’t change the average entry price of the remaining position, but adding to it will.
Honestly, I only came to understand this later: before adding to a position, think about the resulting position size and its liquidation price. Don’t focus only on lowering the average price.
The coin mentioned above: $BTC is quoted at 82327.93 (24h +0.51%).
Leave more room for fluctuations when trading futures—don’t let a sudden wick wipe out your position.
#BTC
This is not trading advice.
Reducing a position usually doesn’t change the average entry price of the remaining position, but adding to it will.
Honestly, I only came to understand this later: before adding to a position, think about the resulting position size and its liquidation price. Don’t focus only on lowering the average price.
The coin mentioned above: $BTC is quoted at 82327.93 (24h +0.51%).
Leave more room for fluctuations when trading futures—don’t let a sudden wick wipe out your position.
#BTC
This is not trading advice.