š Trade Overview
Pair: ETH/USDT (Perpetual)
Leverage: 20x (Cross mode)
Size: 370 $ETH
Entry Price: $2,635.97
Current Mark Price: $2,257.09
Liquidation Price: $1,821.04
TP/SL: Take profit ā None
Stop loss ā $2,200
Margin Used: $41,756.17
PNL (Loss): -$140,186.09
ROI: -335.73%
Margin Ratio: 8.77%
Now, letās analyze this trade together
What did this Trader do Wrong
Excessive Leverage (20x)
This trader made use of High leverage which magnifies both gains and losses. At 20x, a small 5% move against you can wipe out your position.
The price dropped ~14.4% from the entry, causing over a 300% negative ROI.
Another thing is, Huge Position Size (370 $ETH )
Entering with a size worth over $975,000 on a margin of just $41,756.17 means extreme exposure, With high volatility, this massive position quickly spiraled into a 6-figure loss.
Stop Loss was set too late: Itās currently set at $2,200, but the price is already below that ($2,257.09). This means the trader probably added it after things started going bad.
No Take Profit set: No exit plan to lock in gains, we need traders to learn from what we share here
