Manifestingmillions
Open Trade
Frequent Trader
3.8 Years
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I started trading last week at 100 USDT. Here's what happened, I thank all my lucky stars!
#BTCUSDT
#BTCUSDT
#Liquidations #LiquidationData
When a trader's positions are closed as a result of price changes and their margin account balance is not enough to cover the open positions, this is known as a liquidation event. The majority of exchanges have a liquidation level, or the price at which leveraged trades will be forcefully stopped, in order to stop more losses for both traders and exchanges.
Similar to comprehending high liquidity in the order book, traders who are able to gauge the liquidation levels of other traders may benefit. To assist traders in identifying the optimal liquidity positions, Coinglass's liquidation heatmap makes an effort to forecast potential hotspots for large liquidations.
Based on market data and varying leverage amounts, the liquidation heatmap determines the liquidation levels. The prices on the chart are then updated with the determined levels.
When a trader's positions are closed as a result of price changes and their margin account balance is not enough to cover the open positions, this is known as a liquidation event. The majority of exchanges have a liquidation level, or the price at which leveraged trades will be forcefully stopped, in order to stop more losses for both traders and exchanges.
Similar to comprehending high liquidity in the order book, traders who are able to gauge the liquidation levels of other traders may benefit. To assist traders in identifying the optimal liquidity positions, Coinglass's liquidation heatmap makes an effort to forecast potential hotspots for large liquidations.
Based on market data and varying leverage amounts, the liquidation heatmap determines the liquidation levels. The prices on the chart are then updated with the determined levels.
I miss gaining profits
BTCUSDT
Short
Closed
PNL (USDT)
+2.90
+21.96%
Trash 😢
RESOLVUSDT
Long
Closed
PNL (USDT)
-8.22
-54.35%
That definitely hurts. Oh God save me
ETHUSDC
Long
Closed
PNL (USDT)
-199.34
ETHUSDC
Short
Closed
PNL (USDT)
+64.84
I missed the ATH of ETH today but this is not bad too.
#ETHUSDCtrading
#ETHUSDCtrading
ETHUSDC
Short
Closed
PNL (USDT)
+110.18
#TradingTypes101 Dang! I panic and closed my position but better safe than sorry!
BTCUSDC
Long
Closed
PNL (USDT)
+105.14
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