Why aren’t you back to breakeven when the price returns to your average entry price? Many people can’t answer!
When adding to a position in batches, the average entry price is the weighted average of each fill price, based on the quantity filled.
The breakeven price is the price at which you truly break even after fees and funding fees are taken into account: for a long position, it’s usually slightly above the average entry price; for a short position, it’s below.
Leave more room for fluctuations when trading futures—don’t let one sudden move wipe out your position.
$BTC 82520.01 (+0.83%)
When adding to a position in batches, the average entry price is the weighted average of each fill price, based on the quantity filled.
The breakeven price is the price at which you truly break even after fees and funding fees are taken into account: for a long position, it’s usually slightly above the average entry price; for a short position, it’s below.
Leave more room for fluctuations when trading futures—don’t let one sudden move wipe out your position.
$BTC 82520.01 (+0.83%)