Stop loss vs liquidation
A stop is the exit you planned. Liquidation is the exit the exchange forces. Fibonomy treats them as different events.
Planned exit vs forced exit
A stop is a decision: invalidation you accepted when you entered. Liquidation is the venue taking the position because margin ran out. Mixing them makes a blown account look like a ‘wide stop’.
How Fibonomy estimates loss
When a valid stop can be verified, potential loss uses that stop. When it cannot, Fibonomy does not pretend a liquidation distance is the same as your plan. It makes the gap explicit.
Mark price sits in the middle
Both a stop trigger and liquidation usually reference mark, not last. Watching only last price is how traders are surprised by a liquidation they thought was ‘far away’.
Apply this to an open position
Definitions are useful. The next step is seeing mark price and capital at risk on the positions you actually hold.
FAQ
If I have a stop, can I still get liquidated?
Yes, in fast markets or if the stop is not actually working as assumed. Fibonomy shows the protection it can verify, not a guarantee the exchange will fill it.
Why show liquidation at all?
Because it is the real backstop when no stop is present. Hiding it makes an unprotected position look smaller than it is.
Related guides
- Mark price vs last priceFutures PnL and liquidation use a mark price, not the last print on the tape. Fibonomy shows that mark next to your entry.
- Capital at riskCapital at risk is how much of the account that position can consume if the planned exit hits — not the notional, and not the leverage badge.
These pages explain how Fibonomy reads public market and position data. They are not financial advice.