I wish I could tell everyone "told you so" but I started building $ETH and $ORDER Longs.
Both my ETH and ORDER Longs were low leverage. 3x total.
But my $ORDER position liquidated everything. /sigh...
I have been calling for top for the past 4 days... literally one of the only traders on here to do it, even on livestream.
I did not expect a dump like this though.
First I got liquidated on the pump up due to too high leverage, and then get liquidated on the way down even with low leverage.
Goes to show that even if you're the best at predicting price action / pivot points, doesnt mean you can be a good trader.
Trading leverage is risky. The most important thing is being able to identify that and focusing more on portfolio management.
The price is $6,753 on $SPX.
I am calling for a dump... a big one.
Short it. I am now a bear.
EDIT: /sigh I tried to post this like 10 hours ago and it failed -_-
6.34K
10
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.