A quick explainer: Why haven't I broken even even though the price is back at my average entry price?
When you add to a position in several batches, your average entry price is calculated as the volume-weighted average of each trade's execution price.
The break-even price is the price at which you actually break even after fees and funding payments are included: for a long position, it's usually slightly above the average entry price; for a short position, slightly below it.
For comparison, the market quote: $BTC is at 82114.01, up 0.19% over 24 hours.
Don't just follow along because everyone else is doing it.
Just chatting—don't take this as advice.
When you add to a position in several batches, your average entry price is calculated as the volume-weighted average of each trade's execution price.
The break-even price is the price at which you actually break even after fees and funding payments are included: for a long position, it's usually slightly above the average entry price; for a short position, slightly below it.
For comparison, the market quote: $BTC is at 82114.01, up 0.19% over 24 hours.
Don't just follow along because everyone else is doing it.
Just chatting—don't take this as advice.