What margin ratio in the position details should make you cautious?
Initial margin is the margin required to open a position, roughly equal to the position's notional value divided by the leverage ratio.
Here's the key: if the margin ratio rises too quickly, consider reducing your position first. Don't just keep adding margin to tough it out.
Today's price: $BTC Current price: 78030.01 (24h +0.73%).
Trading fees are also a cost of holding a position, so the longer you keep a trade open, the more carefully you need to account for them.
Stay rational and manage your position size.
Initial margin is the margin required to open a position, roughly equal to the position's notional value divided by the leverage ratio.
Here's the key: if the margin ratio rises too quickly, consider reducing your position first. Don't just keep adding margin to tough it out.
Today's price: $BTC Current price: 78030.01 (24h +0.73%).
Trading fees are also a cost of holding a position, so the longer you keep a trade open, the more carefully you need to account for them.
Stay rational and manage your position size.
