$GAS Long Liquidation Analysis
Liquidation Overview:
Amount Liquidated: $9,892.50Price at Liquidation: $4.70513
Trade Summary:
$GAS was long at an entry price above the liquidation level.A major price drop led to the liquidation at $4.70513.
The position faced a significant downturn, resulting in a loss.
Key Points to Consider:
-Entry Price: Likely above the liquidation level of $4.70513.
-Target Price: Expected to reach a higher price, but market conditions caused a decline.
-Stop Loss: A stop loss should have been placed below the entry to limit exposure to downside risk.
Win/Loss Ratio:
The loss was triggered by an adverse move, indicating a poor risk-reward setup or lack of timely risk management.
Risk Management Suggestion:
Tighten stop losses for better risk management.Keep track of market volatility and adjust positions to avoid liquidations in high-risk scenarios.
Conclusion:
$GAS position liquidation highlights the importance of monitoring market trends and having strong risk controls.