Overall position instead of first order
Before the start, calculate how large a position can become, including all additional orders.
- Combining first order and DCA
- Set maximum amount per coin
- Reserve free margin
KuCoin Risk
Futures can increase losses quickly. Therefore, not only limit the first entry, but the possible overall position.
KuCoin in operation
BOVOBot combines signal assessment, auto-entry, positions, Safe Orders, and market activity in one interface.
Before the start, calculate how large a position can become, including all additional orders.
High leverage reduces the distance to liquidation. Check the actual liquidation price directly in the KuCoin account.
Limit simultaneous positions and check if protective orders are actually open. A bot status does not replace the exchange view.
KuCoin
Overall position, leverage and open protective orders together determine how vulnerable your account is.
Next step
Start with few markets and check every first position directly at KuCoin.