Hey @UsmanAbassi
It looks like you’ve experienced a slight drop in your futures account balance after closing your trade, even though you made a profit. Here’s a possible explanation:
1. Trading Fees:
When you close a position in futures trading, there are usually trading fees (such as maker/taker fees or funding fees) that can impact your final balance. Even though your trade was profitable, the fees might have eaten into your profits.
2. Leverage Impact:
Futures trading often involves leverage, meaning you’re borrowing funds to trade with a higher position size. While leverage can magnify profits, it also increases potential risks. If the price of Bitcoin moved in your favor but the leverage wasn’t fully optimized, the profit might be smaller than expected after considering the fees and position size.
3. Unrealized Gains/Losses:
Make sure to check if the remaining balance reflects unrealized profits/losses from open positions. If you’ve closed all your trades, it should reflect the final profit/loss, but sometimes it’s easy to overlook any open positions that haven’t been closed yet.
4. Account Adjustments:
Sometimes, platforms adjust balances for various reasons like margin calls, liquidation fees, or other system-related updates. If you had open positions or hadn’t fully settled previous trades, these adjustments might affect your balance.
In short, check for fees, confirm if the trade was fully closed, and consider the impact of leverage and unrealized losses.
Hope this helps! Always good to keep track of your account balance and ensure you understand all fees involved in futures trading.
Good luck with your next trade! 🚀
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