Trading Notes | Average Entry Price
① When opening a position in several batches, the average entry price is the weighted average of each fill price based on the quantity filled.
② Adding to a long position below the average entry price lowers the average, but also increases the position size, so a decline of the same magnitude will result in a larger loss.
③ When setting a take-profit price or estimating the breakeven price, factor in opening and closing fees, as well as any funding fees already paid.
$BTC 79988.93（-0.66%）
① When opening a position in several batches, the average entry price is the weighted average of each fill price based on the quantity filled.
② Adding to a long position below the average entry price lowers the average, but also increases the position size, so a decline of the same magnitude will result in a larger loss.
③ When setting a take-profit price or estimating the breakeven price, factor in opening and closing fees, as well as any funding fees already paid.
$BTC 79988.93（-0.66%）
