Cross Margin Mode: As the name suggests, all the money in the account is counted, and everyone will bear it together when losing money. If you open several
positions, and one position accidentally loses a lot, the platform will withdraw money from other places in your account to help you hold on until all the money is lost
so far. In this mode, the risk is shared.
Cross margin is suitable for those who are bold and careful. They will feel that using the money of the entire account to resist temporary fluctuations can still be overcome. But like
If there is not much money in the account, the risk of liquidation is very high.
Isolated Margin Mode + (Isolated Margin Mode): On the contrary, isolated margin is like opening a small "independent small treasury". You can for each position
Allocate a fixed margin, and you will only lose that part of the money if you lose money, and it will not drag the entire account down. This mode is more suitable for conservative
For type players, even if one position bursts, the other positions will be safe and sound.
For example: You have 1000 USDT. In cross margin mode, if one position loses money, the platform will automatically use this 1000 USDT to help you resist
In isolated margin mode, you can allocate 500 USDT to each position, and if one position is lost, the other position will not be affected.
money.
Is there also take profit/stop loss? How to set it so that you don’t “die” too ugly?
Take profit and stop loss, as the name suggests, is to help you pre-set the expected profit or loss, so that the trading platform will automatically flat out when these prices are reached.
position. This is to prevent the market from suddenly changing its face and causing you to lose everything before you can operate.
The system will automatically sell for you and lock in profits.
Take Profit: When the price reaches your set high point,
The system will help you stop losses in time and prevent further losses.
Stop Loss: When the price falls to your set bottom line,
However, the setting of take profit and stop loss does not only look at the latest price, but also consider the "mark price"
What is the difference between mark price and latest price?
Latest Price: This is easy to understand, it is the latest transaction price in the market, jumping every second. If you pay more attention to the real-time
fluctuations, you can usually use the latest price to set take profit/stop loss. In this case, as long as the latest transaction price reaches your set point, the system
The system will automatically close your position for you
Mark Price: The mark price is a bit complicated. It is a reference price calculated by the platform based on market prices, funding rates, etc.
A smoother and more stable reference price. Its existence is to prevent your position from being unnecessarily
necessary liquidation due to sudden and violent price fluctuations.
You can think of the mark price as the platform's "psychological price",
Generally more stable than the latest price. If you don't want to be affected by short-term market fluctuations
"killed by mistake", you can refer to the mark price to set take profit and stop loss
If you don't know how to operate in this kind of market
You can follow A Wen
I have ideas, you have the execution, and there is a place,