Liquidation đ¶âđ«ïž
Liquidation is what happens when your position drops so much that your margin can no longer cover the losses.
The exchange automatically closes your trade, effectively telling you, âGame over.â I learned the hard way that liquidation isnât just painfulâit can wipe out your entire margin. Itâs the last thing any trader wants to experience.
DONT USE HIGHER LEVERAGE
DONT USE > 5% MARGIN PER TRADE
DONT OPEN MORE THAN 3 TRADES
DON'T FOLLOW SQUARE SIGNALS
âWhen you liquidate, youâre not just losing a capital, youâre losing your opportunity to trade again."