How much will I make if I let this ride until we are back at 60k again? Feels like a free money glitch
>>62628361>60kyou mean 45kand congrats for not falling for that obvious scam pump like 90% of /biz/
>>62628361>280% gain is $50good morning sarr
>>62628361So we get another scam pump above 80, thanks.
>>62628369Cope, baggie. He's making money while you're losing money.
>>62628361>saved 1.3 USDT in feesWoah, big boy leveraging his lunch money
>>62628361I'm making pocket change and even if it crashes to 60k it won't cover the loss from my short during this recent pump. Shit life
>>62628361Set a stop loss at +150% in case it goes back up substantially.
>>62628361>196x leverageYou're insane.
>>62628365>45kyou mean 40k
>>62629481Not really when you gamble with $15
>>62628361Might as well gamble on prediciton market. At least you get some entertainment out of it
>>62628361You will make approximately $78.53. InshaAllah
>>62628361For a 65k close = +20%196x20%=3920%39x20=$780>>62629494That's still absolutely insane leverage. You can blow up your account in seconds if you're not using isolated margin, even with a stoploss.
>>62628361Why not just wait till it's at -10k (negative 10 thousand usd), and then buy 1000 and get paid 10 million for free? It's risk free unlike your short.
>>62629537>You can blow up your account in seconds if you're not using isolated marginIt's literally $3k size. Even if he's using cross margin and has decent amount of funds in his account it's not a biggie. Would you be happier with 3x leverage and $1k?
>>62628361It'll hit support at 71k, you wont close the short and then get rest when it reverses
>>62629481BUT IF IT WORKS
>>62629554That would be considerably smarter, yes. But, referencing the size of the position doesn't really mean much without knowing the total margin of his account.$3k could be 10x his entire account's margin. Which is terrible risk management. Or he could have 10k as his total margin and the 3k becomes not a big deal.But, as a general rule, margin over 15-20x is just bad practice. Unless you have insane discipline and only enter super high probability trades with multiple confluences, and/or manage your risk properly. Which most people playing with that level of leverage absolutely don't have. >>62629569Until it doesn't work and then you're out of margin. Consistent smaller wins will outpace 200x leverage getting liquidated in the noise.
