ELI5 Futures

Binance

Cryptocoins Exchanges / Binance 37 Views

ELI5 Futures

Hey! I'm quite new to trading, so please bear with me if I'm utilizing the wrong terminology! I've tried 20x leverage on SOL/USDT in the present day and purchased in at a lower cost and bought a bit larger. Nevertheless, PNL exhibits a loss in each of the purchase/sell paired transactions.

https://preview.redd.it/5f9bdr0m0qca1.jpg?1332&format=pjpg&auto=webp&s=bd7275cd7aa56750748fccdc6bea3c304df32ca8

I've boxed the orange and yellow to point out two separate situations of buy and promote. I'm unsure why I'm dropping cash on the trade? Any help or pointers would actually be appreciated. Thank you!!

submitted by /u/spicedaddi
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