Sunrise78

We talk about a topic we haven't discussed before, which is important: how to protect yourself from liquidation when opening trades. Experts, stay on the sidelines; this topic is for beginners.
Let's assume you have $200, divide the capital, and multiply it by 10x. You want to open a buy order.
You place the buy order or the order to open the trade at the desired price, for example: a buy order at 0.5. The liquidation will be at 0.46.
The amount you will use here is $50 at 10x, which means $500. The liquidation price is 0.46. You will place a limit order to open a second trade at 0.462, and after 0.462, you will see what the new liquidation price is. Let's assume it's 0.44. You place an order to open a third trade at 0.442. And so on, this way you will not expose yourself to liquidation.
Always, the reinforcement order should be close to the liquidation price, almost at the same liquidation price, and always start with a quarter of the amount multiplied by 10x. Do not use a large leverage, or you will be close to liquidation. This way, you will protect and reinforce the trade 4 times. $200 = $2000 at 10x leverage, which means each time you reinforce with $500, not $50, and you also profit based on this, and the loss is also at 10x. If you follow what I said, you won't lose, provided you buy at the correct point and at the lowest possible price.

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