The level of compulsory liquidation is 20%, which means that when your net worth is lower than 20% of the occupation margin, you will be forced to liquidate.

Margin level, that is, your current net worth divided by the occupation margin. However, when the margin level is lower than 20%, the liquidation will be forced.

Let me calculate for you when you will be forced to close your position.

London gold trading is generally 1000 USD 1 lot, and you account for 200 USD, that is, you open 0.2 lot.

0.2 The required fund for the lot is USD 200. When the net value is less than 20% of the occupation margin, it will be closed, that is, when the net value is less than USD 40, it will be forced to close.

Then the funds available for defense are 737.4438+0-40 = 697.38+0 USD.

0.2 When the price changes by $ 1, there will be a profit and loss of $ 0.2* 100* 1=20.

697.4 1 USD/USD 20 = USD 34.87.

In other words, your current price can still withstand the fluctuation of $34.87.

Then you also want to know at what price you will force the liquidation?

Ok, I'll work it out for you.

You earned $58.99. Then 58.99/20 = $2.95.

Then it can be concluded that the current market price is:1649.17-2.95 =1646.22 USD.

When the market price is 1646.22 USD, your 0.2 lot of gold can still withstand the fluctuation of 34.87 USD. That is, when the purchase price is 168 1.09, it will be forced to close the position.