___$BTC
125x Leverage BTCUSDT Trade Update - 100%+ ROI
Hey traders,
I wanted to share an update on a high-risk, high-reward trade I'm currently running. I'm long on BTCUSDT with 125x leverage on a perpetual swap.
Current Situation:
* Unrealized PNL: $158.85
* ROI: +106.60%
* Size: 0.180 BTC
* Margin: $149.01
* Margin Ratio: 4.88%
* Entry Price: $104367.53
* Mark Price: $103485.01
* Liquidation Price: $117441.99
Analysis:
This trade is currently showing a significant profit, but it's important to remember the risks involved with high leverage. A small price movement against my position could quickly wipe out my gains and even lead to liquidation.
My margin ratio is currently 4.88%, which means I have a relatively small buffer against potential losses. The liquidation price is $117441.99, so if the price of Bitcoin drops below that level, my position will be automatically closed out.
Trading Strategy:
I'm closely monitoring this trade and will adjust my stop-loss and take-profit levels as needed. I may also consider reducing my leverage if the price moves significantly in my favor to lock in some profits.
Disclaimer:
This post is for informational purposes only and should not be considered financial advice. Cryptocurrency trading is highly speculative and can result in significant financial losses. Please do your own research and only invest what you can afford to lose.
What are your thoughts on this trade? Have you ever used high leverage in your trading?
Let me know in the comments below!
#cryptotrading #bitcoin #tradingview #highriskhighreward #btc #leveragedtrading
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