Jokes aside, Binance futures saw about $5.87 million in liquidations over the past 4 hours. Long positions accounted for 39.3%, and the largest liquidation was $ZEC ($796,000).
My hard-and-fast rule as a jokester: keep your position size small enough to sleep soundly, and set your stop-loss more punctually than an alarm clock.
On a more serious note, when a long position is liquidated, the system sells at market to close it; when a short position is liquidated, the system buys back to close it.
Reading indicators is easy. The hard part is sticking to your plan when emotions are running high.
#ZEC
Just take a look—don't buy based on this. Make your own judgment.
My hard-and-fast rule as a jokester: keep your position size small enough to sleep soundly, and set your stop-loss more punctually than an alarm clock.
On a more serious note, when a long position is liquidated, the system sells at market to close it; when a short position is liquidated, the system buys back to close it.
Reading indicators is easy. The hard part is sticking to your plan when emotions are running high.
#ZEC
Just take a look—don't buy based on this. Make your own judgment.