$WLD A $968,000 long position in perpetual contracts was liquidated during the day.
Folks, what exactly is liquidation? Here’s the short version 👇
The amount shown is based on the position’s notional value, not the actual amount lost. With isolated margin, if a 10x leveraged position is liquidated, the loss is roughly 10% of the notional value—the margin.
When liquidation amounts are huge, market sentiment is often just as extreme. Opening a position impulsively at times like these can easily mean chasing the market at its most volatile.
Keep extra margin on your contract positions, and don’t let a single wick wipe you out.
Folks, what exactly is liquidation? Here’s the short version 👇
The amount shown is based on the position’s notional value, not the actual amount lost. With isolated margin, if a 10x leveraged position is liquidated, the loss is roughly 10% of the notional value—the margin.
When liquidation amounts are huge, market sentiment is often just as extreme. Opening a position impulsively at times like these can easily mean chasing the market at its most volatile.
Keep extra margin on your contract positions, and don’t let a single wick wipe you out.