I have a question from expert traders (Futures).
I have taken a SHORT trade (multiple actually in order to increase my entry and liquidity). Below is the information regarding my currently open trade, if you need more information, please let me know.
Given:
Position: Short/Sell
Entry Price: 47,109.47
Margin (isolated): 69.51
Liquidity Price: 49,394.9
If take another short trade at say market price, say, 48,400 with margin cost 7.4, what will be new liquidity price and new entry price? I actually want to know the formula on how its calculated.
Looking forward to some valuable insight and trading info.