Very important 💯👌💯👌Very important
I saw some people place a stop loss order, and they say the order did not work or was not executed, and you find that the deal was made to liquidate the account.
(And I see some accusing the platform of manipulation 😅).
I will explain to you, pay close attention ...
When you place a stop loss and you did not use leverage, the stop loss will be in its normal position.
But if you use leverage, you must place the stop loss below the liquidation price.
Example:
You entered a deal for $10 and the leverage was 75% and the liquidation price was $1.666.
Stop loss should be less than 1.666 in case of buying
And higher than 1.666 in case of selling.
*If you do not use leverage, this will not affect the stop loss.
*If you use leverage, you are at the liquidation price, if the stop loss is higher than the liquidation price, it will not work.
And the platform is innocent of you if you do not learn, please, dear trader, learn and save an hour of your time to learn.
Do not look for recommendations, learn everything yourself.
I do not use futures contracts... because of their semblance
But to learn, I entered this deal for you
Look, this is a sell deal..
Entry price: 43.259
Liquidation price: 43.380
Stop loss price: 43.500
And this is a stop loss that does not work 🚫 because it is higher than the liquidation price.
I hope it helps you.