OwnerID1203

I had a short position on Ethereum at $3,255 and was holding it. I was facing a significant loss today, so I opened a long trade on Ethereum. However, my position automatically closed. Can someone explain why this happened?

I had a postion of etheriam i have shorted etheriam at 3255 and hold it i was is huge loss today i open a long trade on etheriam and my postion automatically closed can someone explain it to me ?

Want to take a long position, already committed, want to short against the direction, better to wait at the peak

Recently, I have been quite interested in trading futures because some social media has been discussing futures. But when I tried to seek knowledge about futures, it made me hesitant to trade there because the losses could be greater than in spot trading. What makes me most hesitant is not that, but the concepts involved such as leverage or the mechanics like what the costs are, for example, if I take 10x leverage, what the costs would be, and so on. In spot trading, I have certainly applied measures to avoid overtrading, but what if I keep losing in futures and still enter (leading to greater losses).

Should I try this? Maybe the virtual futures provided by Binance? I have tried, but I don’t quite understand yet. Do you have any suggestions for learning about Futures?