The account has been permanently liquidated. The sale trade for the $LSK cryptocurrency was fully liquidated and automatically closed by the Binance platform due to the bullish price rebound and the price breaking through the critical danger line at levels of 0.043121. Using a very high leverage of up to twenty times resulted in the portfolio’s margin of safety being extremely small. A simple upward move that did not exceed 3.5% consumed the entire margin allocated to the position, leading to total loss of the deposited capital in the trade. Trading with high leverage on highly volatile alternative coins involves exceptional risks that can cause money to be lost suddenly. The only way to protect the account in upcoming trades is strict adherence to enabling a stop-loss order immediately upon entering the market, to set a maximum loss in advance rather than leaving the portfolio to be forcibly liquidated automatically.
