2024-10-24 12:21:27

#GOAT Automatic Close Position is really disgusting

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GateUser-4f18d482

· 2024-10-24 12:41

You don't have any money left, and you're still not disgusted.

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SmallBerry

· 2024-10-24 12:22

Dear user, when a forced Close Position occurs and the Position cannot be closed at a price better than the Liquidation price, and the balance of the insurance fund is insufficient to cover the margin shortfall of the bankrupt position, the Auto-Deleveraging (ADL) system will automatically reduce the position by selecting the trader with the highest yield among those holding the opposite position. You can check the priority level of automatic position reduction through the 'Auto-Deleveraging Queue' indicator. If you want to avoid being automatically reduced, you can lower the leverage and drop the yield to lower your ADL ranking. This is an explanation, you can refer to: https://www.gate.ac/en/help/futures/futures_logic/22082/instructions-of-auto-deleveraging-adl

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