How is a Portfolio Simulation Example on USD Margin?
Puput tops up $100.00 to the USD Margin wallet and buys 2 AAPL shares at $100.00/share with 2x Leverage. So Puput's Leverage portfolio condition will be as follows:
|
Portfolio |
Amount |
Calculation |
|
Equity |
$100,00 |
Balance + Unrealized P&L = $100,00 + $0,00 = $100,00 |
|
Balance |
$100,00 |
Net Deposit + Realized Profit and Loss (including fees) = $100,00 + $,00 = $100,00 |
|
Position Margin |
$100,00 |
Total margin used to maintain your open positions. = $100,00 |
|
Margin Order |
100% |
Total margin used for ongoing orders. = 100% |
|
Free Margin |
$0,00 |
Equity - (Position Margin + Order Margin) = $100,00 - $100,00 = $0,00 |
|
Withdrawable Balance |
$0,00 |
(Equity or Balance)* - Margin = $100,00 - $100,00 = $0,00 |
Next, AAPL shares fall to $95.00/share, so Puput's Leverage portfolio condition will be as follows:
|
Portfolio |
Amount |
Calculation |
|
Equity |
$90.00 |
Balance + Unrealized P&L = $100,00 + (-$10 unrealized P&L) = $90,00 |
|
Balance |
$100,00 |
Net Deposit + Realized Profit and Loss (including fees) = $100,00 + $,00 = $100,00 |
|
Position Margin |
$100.00 |
Total margin used to maintain your open positions. = $100,00 |
|
Margin Order |
$100,00 |
Total margin used for ongoing orders. = $100,00 |
|
Free Margin |
$0,00 |
Equity - (Position Margin + Order Margin) = $90 - $100 = -$10.00 |
|
Withdrawable Balance |
$0,00 |
(Equity or Balance)* - Margin = $100,00 - $100,00 = $0,00 |
After that, Puput topped up $100 to the USD Margin wallet, so that Puput's Leverage portfolio condition became as follows:
|
Portfolio |
Amount |
Calculation |
|
Equity |
$190,00 |
Balance + Unrealized P&L = $200,00 + (-$10 unrealized P&L) = $190,00 |
|
Balance |
$200,00 |
Net Deposit + Realized Profit and Loss (including fees) = $200,00 + $,00 = $200,00 |
|
Position Margin |
$100.00 |
Total margin used to maintain your open positions. = $100,00 |
|
Margin Order |
$100,00 |
Total margin used for ongoing orders. = $100,00 |
|
Free Margin |
$90,00 |
Equity - (Position Margin + Order Margin) = $190 - $100 = $90.00 |
|
Withdrawable Balance |
$90,00 |
(Equity or Balance)* - Margin = $190 - $100 = $90.00 |
Then, Puput did not close her leverage position and still maintained ownership of the asset until the next day. Then Puput's portfolio condition on USD Margin will be as follows:
|
Portfolio |
Amount |
Calculation |
|
Daily Leverage Fee* |
$0.0275** |
**Based on assumptions. You can read the Daily Leverage Fee Calculation in the following article:Leverage Fees at Pluang |
|
Equity |
$189.9725 |
Balance + Unrealized P&L = $199.9725 + (-$10.00) = $189.9725 |
|
Balance |
$199.9725 |
Net Deposit + Realized Profit and Loss (including fees) = $200.00 - $0.0275 = $199.9725 |
|
Position Margin |
$100.00 |
Total margin used to maintain your open positions. = $100,00 |
|
Margin Order |
$100,00 |
Total margin used for ongoing orders. = $100,00 |
|
Free Margin |
$89.9725 |
Equity - (Position Margin + Order Margin) = $189.9725 - $100.00 = $90.00 |
|
Withdrawable Balance |
$89.9725 |
(Equity or Balance)* - Margin = $189.9725− 100.00 = $89.9725 |
Note:
-
*Daily Leverage Fee only applies to leverage with a ratio of 2x
-
*This fee will deduct from your Balance which will also affect the nominal value of your Free Margin. This fee will be charged every day if you still maintain a leverage position with your 2x ratio.
Then, Puput sells 2 AAPL at $95.00/share, then Puput's portfolio will be like:
|
Portfolio |
Amount |
Calculation |
|
Daily Leverage Fee* |
$0.0275** |
**Based on assumptions. You can read the Daily Leverage Fee Calculation in the following article:Leverage Fees at Pluang |
|
Equity |
$189.9725 |
Balance + Unrealized P&L = $199.9725 + (-$10.00) = $189.9725 |
|
Balance |
$189.9725 |
Net Deposit + Realized Profit and Loss (including fees) = $200 - $0.0275 (fee) - $10 = $189.9725 |
|
Position Margin |
$0.00 |
Total margin used to maintain your open positions. = $0.00 (Position is closed) |
|
Margin Order |
$0,00 |
Total margin used for ongoing orders. = $10.00 (No active orders) |
|
Free Margin |
$189.9725 |
Equity - (Position Margin + Order Margin) = $189.9725 - $100.00 = $90.00 |
|
Withdrawable Balance |
$189.9725 |
(Equity or Balance)* - Margin = $189.9725− 0.00 = $189.9725 |
Below is a simulation of Puput’s portfolio when adding $100 to their USD Margin balance and then opening a new position to purchase 2 units of GOOG stock at $100/unit using 2x leverage, while holding a position in AAPL stock valued at $80 (a $20 loss).
|
Portfolio |
Amount |
Calculation |
|
Daily Leverage Fee |
$0.0275** |
**Based on assumption. For details on how the Daily Leverage Fee is calculated, refer to this article: Biaya Leverage di Pluang |
|
Equity |
$159.8900 |
Balance + Unrealized Profit & Loss (P&L) = ($100 + $99.8900) + (-$40.00) = $159.8900 |
|
Balance |
$199.8900 |
Net Deposit + Realized Profit & Loss (including fees) = $199.9175 - $0.0275 = $199.8900 |
|
Position Margin |
$200 |
Total margin used to maintain your open positions. = $200,00 |
|
Order Margin |
200% |
Total margin used for ongoing orders. = 200% |
|
Free Margin |
- $59.89 |
Equity - (Position Margin + Order Margin) = ($100 + $59.8900) - $200.00 = - $59.89 |
|
Margin Level |
80% |
Equity / (Position Margin + Order Margin) = $159.8900 / $200 = 0,79945 |
|
Withdrawable Balance |
-$59.8900 |
(Equity or Balance)* - Margin = $159.8900 - $200 = -$59.8900 |