❓️ Daily Tip: 🔴 What is the estimated liquidation price of an account? It is the price at which, if the market reaches it, your position will be automatically closed. 🔻 This happens when your loss exceeds the available margin. 👀 Checking this price before opening or holding a position is very essential. 🔴️ Cross Margin in Hedging Mode: In this mode, all the assets in your account are used to maintain the positions. 🔁 The liquidation price is calculated based on unrealized profit/loss and other positions. 📌 More precise but more complex! 🔴️ Cross Margin in One-Way Mode: In this mode, only one direction of the position is open (long or short). 📉 The liquidation price is calculated based on: account balance, profit/loss, mark price, and other parameters. 🔍 Be sure to check it before trading! 🔴 Important Note for SorooshX Traders: The liquidation price is an important reference for risk management. 📈 Always check it before trading or increasing position size!
