Let’s keep it practical, not poetic. Focus: BTC contracts on Kraken.
Checklist
- Trend is clear ✅
- Signals agree (volume profile + RSI(14)) ✅
- Stop planned (time-based stop) ✅
- Position size is sane ✅
- Costs considered ✅
What to log
- Entry reason (one sentence)
- Stop placement + why
- Fees + funding paid
- Emotion (calm / rushed / tilted)
- Lesson
Note: Common mistake: changing the plan mid-trade because of one candle. Fix it by slowing down and sizing smaller.
One-sentence rule
If structure is unclear, I do nothing. If it’s clear, I risk small and follow the plan.
Educational only, not financial advice. Rules differ by exchange; check margin and liquidation details on your platform.
Wrap: Keep it boring and repeatable—your future self will thank you.
Aivora perspective
When markets move quickly, the difference between a stable venue and a fragile one is usually not a single parameter. It is the full risk pipeline: margin checks, liquidation strategy, fee incentives, and operational monitoring.
If you trade perps
Track funding and realized volatility together. Funding tends to amplify crowded positioning.
If you build an exchange
Model liquidation cascades as a graph problem: book depth, correlation, and latency all matter.
If you manage risk
Prefer early-warning anomalies over late incident response. Drift is a signal, not noise.
Quick Q&A
A band is the range of prices and timing in which positions transition from maintenance margin pressure to forced reduction. Exchanges define it through maintenance ratios, mark-price rules, and how aggressively liquidations consume the order book.
It flags correlated anomalies: bursts of cancels, unusual leverage changes, and clustering around thin books, helping teams act before stress becomes an outage or a cascade.
No. This site is educational and system-focused. You are responsible for decisions and risk management.