🔥 Perpetual Futures Trading Tips: Insurance Funds and ADL
Set the liquidation price before the bankruptcy price to give liquidation orders room to be filled and, whenever possible, close positions before the margin is completely depleted.
Slippage can increase during extreme market volatility. Keep plenty of margin for highly leveraged positions, and don’t stubbornly hold on when you’re close to the liquidation price.
For reference, the current price of $BTC is 82184.01, up 1.6% in 24 hours.
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Trading involves risk. Enter the market with caution.