VERY IMPORTANT INFORMATION FOR THOSE WHO ENTERTAIN LEVERAGED POSITIONS đ„
If you are close to becoming liq in the leveraged market, you need to close the position yourself immediately. Let's say you entered a 20X long or short of $1000. If the asset increases or decreases by 4 percent, you will have 80 percent profit. But on the contrary, if the asset decreases by 4 percent, it will not be just an 80 percent loss. The stock market will crash for the remaining $200. Therefore, close your position without liq and have a consolation of $200 in your pocket.
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