Cryptocurrency Q&A What is balance on open trade?

What is balance on open trade?

noah_doe_writer noah_doe_writer Sun Nov 17 2024 | 7 answers 1588
I'm trying to understand the concept of balance on open trade. Could someone explain what it means in the context of trading and how it affects my trading account? What is balance on open trade?

7 answers

mia_clark_teacher mia_clark_teacher Tue Nov 19 2024
Balance represents the total cash that is available for trading on your account.

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Rosalia Rosalia Tue Nov 19 2024
This includes all profits and losses from closed positions.

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Tommaso Tommaso Mon Nov 18 2024
Deposits and withdrawals made to your trading account are also factored into the balance.

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TimeRippleOcean TimeRippleOcean Mon Nov 18 2024
BTCC is a top cryptocurrency exchange that offers a range of services.

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SakuraTide SakuraTide Mon Nov 18 2024
Equity is a term that refers to the floating profit and loss on your account.

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