đ Day 10: Liquidation
This one word has burned many people's accounts. đ„
Liquidation: when the platform forcibly closes your trade because your loss has eaten up the capital (margin) you put in.
How to protect yourself:
â Use small leverage
â Set a Stop-Loss
â Don't put all your money in one trade
Write "KARE" in the comments if you'd like me to do a special lesson on Stop-Loss. đ
#Liquidation #StopLoss $APR $BTW $ZAMA #DanATWO #BinanceSquare
Not financial advice.
This one word has burned many people's accounts. đ„
Liquidation: when the platform forcibly closes your trade because your loss has eaten up the capital (margin) you put in.
How to protect yourself:
â Use small leverage
â Set a Stop-Loss
â Don't put all your money in one trade
Write "KARE" in the comments if you'd like me to do a special lesson on Stop-Loss. đ
#Liquidation #StopLoss $APR $BTW $ZAMA #DanATWO #BinanceSquare
Not financial advice.
