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Yi Lihua closed his position, and the market began a violent rebound.
It's euphemistically called "deleveraging," but it's really just a margin call.
Stop-loss and margin call are practically the same thing.
I haven't opened any contracts since the middle of the year because OKB doesn't have coin-margined contracts.
If OKB had coin-margined contracts, I would have been liquidated long ago.
Leverage amplifies profits, but it can also amplify losses.
Sometimes, getting yourself trapped is a way to prevent going to zero.
This article is sponsored by #BCGAME|@bcgame

But it won't return to zero.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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