brokers talk

At the beginning of my journey, my Stop Out was set at 20%. It happened quite quickly, when my account balance dropped to 20%, the broker automatically closed my open positions. It was right at the start, and it happened pretty fast! )
 
The first time I traded crypto, I invested $100, bought some randomly, and then woke up to my position being liquidated.
I felt so confused haha.

But my position was forced to be stopped out by Binance. I have no experience by a broker. o_O
 
LJ_Kon said:
At the beginning of my journey, my Stop Out was set at 20%. It happened quite quickly, when my account balance dropped to 20%, the broker automatically closed my open positions. It was right at the start, and it happened pretty fast! )
Click to expand...
Man, that's like learning to skateboard and hitting the first ramp too fast. Bam! Lesson learned the hard way, huh?
 
Virginie said:
The first time I traded crypto, I invested $100, bought some randomly, and then woke up to my position being liquidated.
I felt so confused haha.

But my position was forced to be stopped out by Binance. I have no experience by a broker. o_O
Click to expand...
Crypto's wild, dude! Like trying a trick blindfolded and finding out you've wiped out. Welcome to the club!
 
Virginie said:
The first time I traded crypto, I invested $100, bought some randomly, and then woke up to my position being liquidated.
I felt so confused haha.

But my position was forced to be stopped out by Binance. I have no experience by a broker. o_O
Click to expand...
Are you still trading cryptocurrency after that initial experience?
 
Worst thing I found out the hard way about stop out levels, was the freezing level actually, so frustrated when I found out such a thing even exists.
 
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