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/biz/ - Business & Finance

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50316213 No.50316213 [Reply] [Original]

Why is the size of my short position being reduced? (I was not liquidated)

>> No.50316291

The term for that is
>Margin call
Some of your margined position (long or short) is forfeited back to the market to make up for the amount of fiat you are over-margined by.

But that's only stock brokers. Crypto? No clue

>> No.50316346

>>50316291
Yeah idk what's happening it's going up and down all the time, the more I'm in profit the smaller the size becomes. I started with 40k usd size now that I'm up 200% the size changed to 37k.

I'm on binance so it may be auto-deleveraging at work, but the insurance fund is still full so idk.

>> No.50316404

>>50316346
Thank you for contacting 4chan Binance Support. Please fill out the short survey to let us know how we did.

>> No.50316494

>>50316213
Sir your call is very important to us sir

>> No.50316509

>>50316213
>>50316346
Because there's a fee you have to pay to keep a short position open, you retard. You're renting someone else's asset and the longer you rent it, the more you pay.

>> No.50316516

its why i stopped using binance. closing my shit for no reason is rigged and gay

>> No.50316529

still waiting for my account to be verified on binance (been 1 year and 3 months)

>> No.50316562

>>50316509
Are you sure it's because of the fees? Because the size sometime goes back up too.

>> No.50316980

>>50316213
its reflecting the current state of the short. what would it be if you bought and ended your short

>> No.50317106

>>50316562
I've never used Binance, so no I can't be sure that what it is. Now that I've had a minute to think about it instead of just answering real quick to call you a retard, you're measuring in USD while I assume your short is in BTC, so of course the USD value will fluctuate as the price of BTC changes, retard.