Proven correct within twelve hours! Another massive w for the octopus account.
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Good move by FTX, with a conservative 20x leverage your portfolio will be protected unless there is a blowout move of at least 5% in BTC, an occurrence which happens only once every two days.https://twitter.com/SBF_FTX/status/1419263712225988620 …
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How am I supposed to make back all my losses if I can't turn up my leverage to 50 or 100x?
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Just targeting a casual 1,600% annualised col
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Honestly only short term traders doing arb trades or something would use that type of leverage.
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Clearly you’ve never heard of @RealKeifCoin
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They can’t honestly allow 20x on a naked trade right? It would have to be some sort of tight spread or like taking leverage on a cash and carry. There’s a reason regulation T exists
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My sweet summer child
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Cap at 20x equity would've saved both LTCM and Lehmann!
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