I’d like to base this on my entry price, margin and leverage. I’ve found some formulas online but then when applying them to my current position, it’s not correct but I can’t seem to work out why.
I’m planning on trading with a larger sum of money next year but currently doing tiny transactions to try and learn but I can’t seem to work this part out. I’ve figured the rest out and understand the process (and the risks) but I’d like to be able to make sure I can accurately calculate any liquidation prices on trades before I press go.
I’ve searched on Reddit but couldn’t find this. Apologies if it’s been asked multiple times.
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