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MAVRICK13
MAVRICK13
THE 7-MINUTE LEVERAGE EXPERIMENT. Papertrade launched Oct 10. Of 5,836 wallets using 1,000x leverage, 4,395 were liquidated at least once, according to TradingBeats data. Liquidated 1,000x positions lost ~$20.08M in isolated margin. Median time from opening to liquidation: 7m 35s. At that leverage, a ~0.052% adverse move can erase the margin. The market didn't need to crash. A rounding error was enough. #DailyOrbit

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