bounced back and forth a few times, and the position was gone. Last night $STRK made a surge. Some who just opened shorts got liquidated. How volatility eats up positions: Price sweeps up and down, longs and shorts get liquidated one after another. Liquidation orders push the price further. Who’s getting hit: It’s not about wrong direction, but failing to withstand the middle swings. The higher the leverage, the smaller the volatility you can endure. Even if the price goes back and forth.
