What is forced liquidation?
Forced liquidation means that your assets will be automatically sold once you fail to meet the margin requirement. In Pluang, forced liquidation is triggered when the margin level has dropped below 30%. Your assets will be sold to bring your margin level back up to at least 70%. This means that you will still be under margin call until you top up your leverage account or close another position to bring the level back up to 100%.
The assets that will be sold first in the forced liquidation process are as follows:
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Pending leverage order.
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Open leverage positions (from largest loss to smallest loss)