Let's calculate the cost of holding a position: $AGT The current rate is 0.0528%, settled every 4 hours, which works out to an annualized rate of about 115.6%.
In other words, if you hold a long position, you pay the shorts at every settlement, and the longer you hold it, the higher the cost. If the market stops rising, long position holders exiting can amplify the downturn.
How much leverage is appropriate? Share your thoughts in the comments.
#AGT
In other words, if you hold a long position, you pay the shorts at every settlement, and the longer you hold it, the higher the cost. If the market stops rising, long position holders exiting can amplify the downturn.
How much leverage is appropriate? Share your thoughts in the comments.
#AGT