What is a 10x long or a 10x short what does it mean fora short to be liquidated

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Anonymous Sat Aug 29 16:32:07 2020 No.21996046 [Reply] [Original]

What is a 10x long or a 10x short
what does it mean fora short to be liquidated

Anonymous Sat Aug 29 16:34:32 2020 No.21996107

>>21996046
a future contract, you go long if you think price is gonna go up or short if it's gonna fall. 10x usually means leverage, so with 1k you could open a 10k position.

Your liquidation is the price where you lose your money. So, example: You open a 10k USD long at $1 with 1k, if price goes up, great, you make money. If price falls below the liquidation treshold, your 1k is gone.

>>	Anonymous Sat Aug 29 16:38:17 2020 No.21996215 File: 64 KB, 658x901, 571.png [View same] [iqdb] [saucenao] [google] >>21996107 Thanks anon

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