$ROSE This market move is a good opportunity to discuss how “spot prices are not the same as leveraged trading results.”
Price movements in an asset and the profit or loss on a leveraged position are measured differently. Leveraged positions also involve capital, notional size, margin requirements, and fees, and may be subject to forced liquidation. Ordinary spot trading without borrowing works differently too. A single price chart cannot show what people using different trading methods actually experienced.
The actual comparison data: Binance spot, 11/06 17:00–18:00 (Beijing time): up 0.17% over the hour, with a trading volume of 4,888.88 USDT, 0.39 times that of the previous hour. The closing price for the period was 0.00583 USDT.
Before discussing trading results, first clarify whether you mean spot trading without borrowing, margin trading, or derivatives, then check the rules for each.
#ROSE #CryptoChat
Price movements in an asset and the profit or loss on a leveraged position are measured differently. Leveraged positions also involve capital, notional size, margin requirements, and fees, and may be subject to forced liquidation. Ordinary spot trading without borrowing works differently too. A single price chart cannot show what people using different trading methods actually experienced.
The actual comparison data: Binance spot, 11/06 17:00–18:00 (Beijing time): up 0.17% over the hour, with a trading volume of 4,888.88 USDT, 0.39 times that of the previous hour. The closing price for the period was 0.00583 USDT.
Before discussing trading results, first clarify whether you mean spot trading without borrowing, margin trading, or derivatives, then check the rules for each.
#ROSE #CryptoChat