Ok thanks for this...

Just to clarify then...

Not that I am going to do the following but just to use it as an example....

If I have $1000 in my Margin account and I put it all in a 10x Isolated short trade for $10000 (meaning I am borrowing $9000), the Liquidation Price is then worked out at the exact point where I have lost the full $1000 from my Margin account and I cannot lose any more than this on this trade? is my understanding correct?