Quote from: tvplus006 on Today at 12:26:07 PM

Quote from: Oshosondy on March 04, 2024, 10:29:18 PM

Quote from: tvplus006 on March 04, 2024, 10:23:33 PM

I think that Oshosondy gave the wrong calculation and, accordingly, may mislead you. Look at how the support of the Binance exchange explains such a question to "How to Calculate Margin Liquidation Price", as an example, x3 leverage is used there, exactly what you are interested in - https://www.binance.com/en/support/faq/how-to-calculate-margin-liquidation-price-f6b010588e55413aa58b7d63ee0125ed

I am wrong? Okay let us assume that I am wrong. If bitcoin is at $60000 and you go 3x leverage to open a long position, what price would be the liquidation price? You can not say that I am wrong if you do not give the answer. Give the answer in bitcoin price with prove and not just refer to any article.

I am sure that you did not even open the link that I indicated earlier, otherwise you would have realized that the formula of calculating the liquidation price is different from the one that you use) If the initial balance is $100, and you have opened a long position with x3 leverage, at a price of $60,000, then the liquidation price will be $44,000. To simplify the calculation, you can use a calculator - https://www.binance.com/en/margin/calculator

Why will I check it when I know what I am saying. I have traded many coins and tokens and calculating the estimated liquidation price myself. That my calculation is correct.

I prefer to go practical with real trading and not just make use of any calculator. I know that calculator is existing on Binanace but I have not used it before. I changed back from multi asset mode just to single asset mode just to proof a point that this is wrong. Also you can go to my previous posts and read it again and see how I am very correct after you check the correct calculation from my image below.

You can see the price that I set which is $60000. You can see the estimated liquidation price which is $39605.2. Not $44000.

You may use exchanges calculation, but what I am saying it correct.

Quote from: Sun2k on March 04, 2024, 08:25:03 PM

Quote from: Oshosondy on February 28, 2024, 08:08:39 PM

If bitcoin is at $60000 and you long it with 3x, the liquidation would be around $40000. If you can take the risk, you can go for it.

I will like you to read what I posted above because some exchanges also will calculate the liquidation price for you automatically while input the amount of your asset that you want to use to trade.