Both long and short positions are stressful when liquidation is close.
$SKHYNIX
When it dropped to 925, I thought I was going to lose 4K because my liquidation price was 900.
- The pressure doubles when the funding fee is sky-high. I closed the position with a 600U profit, but got hit with a PB fee of -500 and 80 in opening and closing fees. In the end, I made 20U.
- You have to choose between getting liquidated or breaking even.
Cut your losses on part of the position or get liquidated...
- Or keep adding money until you can't add any more, then lose everything.
$SKHYNIX
When it dropped to 925, I thought I was going to lose 4K because my liquidation price was 900.
- The pressure doubles when the funding fee is sky-high. I closed the position with a 600U profit, but got hit with a PB fee of -500 and 80 in opening and closing fees. In the end, I made 20U.
- You have to choose between getting liquidated or breaking even.
Cut your losses on part of the position or get liquidated...
- Or keep adding money until you can't add any more, then lose everything.