#Liquidity101 To avoid liquidation in trading, focus on disciplined risk management, use appropriate leverage, understand position sizing, and maintain a sufficient liquidation buffer. Use stop-loss and monitor margin ratios regularly, and avoid adding positions when at a loss.
Here are the details:
1. Risk Management and Trading Psychology:
Discipline in Risk Management:
Success in trading is not about a "perfect" strategy, but rather about disciplined risk management, including position sizing and focusing on controlling losses.
Position Sizing:
Position size is more important than leverage itself. Higher leverage means the liquidation price is closer to entry, thus increasing the likelihood of losing a position.
Focus on Controlling Losses:
Prioritize limiting losses with stop-loss or by closing losing positions rather than trying to average down or add to positions when at a loss.