Liquidation
Isolated Margin :-
Each trade has a separate liquidation price. When the margin dedicated to a particular trade becomes insufficient, that trade alone is liquidated. Other trades are not affected.
Cross Margin :-
Liquidation in cross margin is determined by a maintenance margin ratio. All of the positions may be liquidated simultaneously when the margin available across all positions falls below the desired threshold.
Equation :-
Cross Margin Ratio = Maintenance Margin / Total Cross Margin
Rule of Thumb:
Smaller cross margin ratio, better and safer the positions are.
100% margin ratio will give liquidation for all open positions.
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