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Recently, I encountered a pretty frustrating issue when trading a certain cryptocurrency and wanted to ask if there might be a problem with my account settings.
Here's the situation: I tried to open a position at a price of 0.46, but was restricted. When the market moved to 0.461 and I was about to get stopped out, I was again blocked from opening a position. When the price retraced to 0.458, I finally managed to open a position and immediately closed it in the opposite direction.
The restriction on opening positions for this coin is really annoying. The price keeps fluctuating within this range, and every time I want to trade, I run into restrictions, feeling like I missed several opportunities. I currently have two positions open and am observing the subsequent developments.
Has anyone else experienced similar trading restrictions? Is it due to the platform's risk control mechanism or limitations on the account itself? I want to hear about others' experiences.