Hi all,



I have a general question in regard to leverage trading.

Lets say I have 10.000 $ in my account and I want to short ETH with 1000$ at 5x. (5000 $ in total)

At kraken I would have to enter 5000 $ sell at 5x!? (is that right?)



Now lets say, the price goes 20 % in the wrong direction. Will kraken liquidate my 1000 $ or will it let it go on as I have more $ as a collateral in my account? (cross margin eq. to Bitmex)



Thanks!