Just said this morning that I could sleep after reducing my position, but seeing this 0.58% margin rate, I got nervous again and want to reduce my position once more! This really is the fate of a contract gambler.
Position update:
$BCH: full position 10X, entry 261.02, mark 308.23, floating profit +840.85U, ROI +153.16%. Profits are still substantial, but the position size has dropped to 5,489.89U, margin 548.99U. SOL: full position 20X, entry 115.63, mark 117.69, floating profit +223.35U, ROI +35.18%. The trend is relatively stable, position 12,699.83U.
$ETH: full position 5X, slight loss -18.66U (-4.26%), completely given up and ignoring it.
The total floating profit of the three orders is over 1000U, looks good. But after I closed half of BCH and withdrew funds, the overall margin ratio in full position mode still stubbornly stuck at 0.58%! This number is exactly the same as when fully loaded, meaning I just took the money out, but the remaining position is still naked. If the market takes a small dip, this 1000U profit along with principal will instantly vanish.
Logic tells me to quickly close half of SOL to raise this 0.58% and save myself; but the gambler's mindset shouts, what if it surges wildly after I reduce?
Position update:
$BCH: full position 10X, entry 261.02, mark 308.23, floating profit +840.85U, ROI +153.16%. Profits are still substantial, but the position size has dropped to 5,489.89U, margin 548.99U. SOL: full position 20X, entry 115.63, mark 117.69, floating profit +223.35U, ROI +35.18%. The trend is relatively stable, position 12,699.83U.
$ETH: full position 5X, slight loss -18.66U (-4.26%), completely given up and ignoring it.
The total floating profit of the three orders is over 1000U, looks good. But after I closed half of BCH and withdrew funds, the overall margin ratio in full position mode still stubbornly stuck at 0.58%! This number is exactly the same as when fully loaded, meaning I just took the money out, but the remaining position is still naked. If the market takes a small dip, this 1000U profit along with principal will instantly vanish.
Logic tells me to quickly close half of SOL to raise this 0.58% and save myself; but the gambler's mindset shouts, what if it surges wildly after I reduce?