$G Hourly contract open interest rose 26.22%, with an open interest value of about $5.1 million; the price was up 10.07% over the same period.
Let’s use this figure to talk about open interest.
An increase in open interest means new positions are being opened; a decrease means positions are being closed, either voluntarily or through liquidation.
This tracks changes in the number of coins in open positions. Price fluctuations themselves don’t change this figure, so it reflects actual position-opening and closing activity.
It’s much more reliable to work out your position size based on where you’ll place your stop-loss than to choose one by feel.
#G
It’s your own money—think it through before you act.
Let’s use this figure to talk about open interest.
An increase in open interest means new positions are being opened; a decrease means positions are being closed, either voluntarily or through liquidation.
This tracks changes in the number of coins in open positions. Price fluctuations themselves don’t change this figure, so it reflects actual position-opening and closing activity.
It’s much more reliable to work out your position size based on where you’ll place your stop-loss than to choose one by feel.
#G
It’s your own money—think it through before you act.
