[00:03] order is placed, a liquidation price is set in the opposite direction.  So if your coin starts moving in the opposite direction and crosses the liquidation price, your order gets liquidated automatically.
[00:18] You lose the whole thing.  So is it possible that I have taken the order? Then I can work out my liquidation price. So yes it is possible.  Here is how your mdx home interface looks like. To place an order in futures trading,
[00:34] you have to click on futures here. example, we will use XRP. I will click on Buy Long. Now my liquidation price will go down in the opposite direction.  So
[00:51] down in the opposite direction.  So if this XRP pair starts going below $1.1, I'll if this XRP pair starts going below $1.1, I'll I take the order value for example 700 here. Here your leverage is
[01:05] also a big deciding factor as to how close your liquidation price will be.  That is, how high are the chances of your order getting automatically liquidated. This also decides your leverage. Look at this.  Higher leverage is
[01:20] equal to higher liquidation risk.  So here I take empty leverage of 10x only. And you can see that the liquidation price has gone away quite a bit.  The first few were around $1. Now it has become 0.99.  I will click on confirm.  Here is my
[01:33] margin of ₹70.  Final order value, quantity xRp and estimated liquidation Confirmed by clicking on Proceed to Long. My order has been placed here.  So what happened now?  Now let me come down here and show you.  So right now this pair is trading at $1.1049
[01:50] and my liquidation price is 0.9995. Now that the order has been placed, many people will think that the liquidation price has been fixed.  Now I can move it a little. If I want to move it further
[02:05] below 0.99, then the chances of my order getting liquidated will reduce. So I can do this.  Am.  Here, by clicking on the pencil icon, I will be able to clicking on the pencil icon, I will be able to
[02:21] how much more amount from my IAR wallet I can add to the margin of this order.  Look, Here I made it 100%.  If I click on Calculate Liquidation Price, it changes
[02:34] 100%.  If I click on Calculate Liquidation Price, it changes from 0.99 to 0.94.  So adding margin will bring down your liquidation price by putting more margin into the order.   This will
[02:50] in simple words, the chances of losing the entire amount that you have placed on margin while placing the order will reduce.  So, there is an option of add margin inside Mudrex and next to it there is also an option of decrease margin.  Now let's assume
[03:06] your order is going very well.  Ok?   Let us assume that this XRP order has started going up a lot and I am seeing a lot of profit, then I can withdraw some margin from the margin that I had given here, that is, there is an
[03:21] executed order in the market, I can take out the margin from within it by using this option of Decrease Margin, due to which my liquidation price will come closer to what it is now.  Now I will withdraw the margin that I have given.  If I
[03:39] obviously my liquidation price will come closer. If my research is very strong then the XRP pair in which I have placed the order will definitely go up.  It is possible that the market is correcting and the pair may be going down a little,
[03:53] but it will definitely go up in the future.  That's why I placed my order here.  So I can add margin and my order will be saved from getting liquidated.  Its chances of getting liquidated will reduce.  And the
[04:09] you have to keep one thing in mind that if I keep adding margin here and still the pair keeps going down, then after adding all the margin here, after adding all the margin here,
[04:28] order gets liquidated at the end of the day, meaning this XRP pair crosses the liquidation price, then I will lose all the margin that I have given.  So this thing is also worth keeping in mind. Rest here your
[04:42] leverage is 10x, I had taken leverage. I can also reduce the leverage here. Ok?  I can also tinker with the leverage if I want to.  But by reducing the leverage my margin will increase here.  Ok?  Additional margin
[04:56] required means that assume that if I start increasing the leverage, then
[05:16] [sound of clearing throat] then I will get ₹43.05 back at my place.  This will be
[05:28] leverage can also be increased or decreased and my margin can also be added or decreased here within mdx.  So if you did not know about this feature then I have told you in detail in this video.  And if you were not using MDX till now then there
[05:43] video.  And if you were not using MDX till now then there from the link in my description or by scanning this barcode and complete the account in mdx, complete KYC , setup the entire account
[05:55] and then deposit ₹2000 or more in your new fresh account, then you can get tether gold or bitcoin as a reward of ₹300. Whenever you download MDRX and complete this task of ₹2000,
[06:10] complete this task of ₹2000, you will get rewards credited to your MDRX wallet as per the current offer running at that time. If you still have any doubts, please ask them in the comments.  And if you are
[06:24] stuck somewhere in crypto, have any problem , any query, you need an answer to any question in crypto, you can contact me directly and book a one on one session with me as well. Here is this website.  If you scan this barcode here,
[06:37] You will know the details.  So you can check these out as well.  Rest, please like this video of ours.   Be sure to subscribe to the channel and sure to subscribe to the channel and
[06:56] You must watch this video by clicking here.