What $100 would have done, by leverage
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| Leverage | Held to now | Return | Worst point | Cost of the round trip | Outcome |
|---|
Every minute in the window is walked in order and the worst price inside each bar is tested against the liquidation level before the close, so a position that was liquidated mid-window stays liquidated even if the price later recovered. Opened on the ask and marked on the bid for a long, and the reverse for a short. Indicative example based on third-party market data. Moon's reference price, spread, fees, settlement and liquidation rules may produce a different result.
What a move would mean
0.00%My positions
| Bet | Wager | Leverage | Entry | Liquidation | Mark | Profit / Loss | Multiplier | Action |
|---|---|---|---|---|---|---|---|---|
| No open bets | ||||||||
Leveraged MSTR over the last 6.5 hours: what it gained and what it lost
MSTR went -0.04% over 6.5 hours. A flat tape with extra steps. Neither side was really right, and 100x short was still liquidated after 4 minutes. At 2x the same call is $99.07. A flat market is not a safe one at the top of the ladder. $97.17 left on the 50x long. One more leg like that and it is flat. 4 of 14 rungs did not finish the window. Last to go was 100x long, after 84 minutes. 50x was the top rung left standing either way. Then the bill. 1% of the stake to get in and out at 100x, repaid only after 0.01%, which is 0% of an average session here.
Leveraged trading of Strategy (MicroStrategy) (MSTR): what has been happening
-2.92% on the session leaves MSTR at $123.15, +18.17% over five. MSTR is +28.07% on the month, so it arrives clearly higher. Three months reads -20.14%, year to date -21.64%. The 30-session range is $89.21 to $128.66, which puts the last price -4.28% off the high and +38.05% off the low.
How volatile is MSTR right now
MSTR runs 69.7% annualised volatility over 30 sessions, 77.4% over 90. Call that genuinely volatile. Average true range across 14 sessions is 6.88% of price, and an ordinary day swings about 4.39% either side of flat. The deepest MSTR has gone below an open in 30 sessions is 5.96%, and 10.23% across 90. Any rung that cannot absorb 10.23% has an expiry date.
What leverage MSTR actually survives
Run the last 30 sessions and 10x is the top rung that never got closed out. Its liquidation sits 10.000% away, against a worst session of 5.96%. Open the window to 90 sessions and it falls to 5x. MSTR has gone 1.000% against an open-price long, which is where 100x ends, on 73 of the last 90 sessions. That is 81% of them. 90 of the last 90 sessions cleared the 0.1000% that ends a 1000x position. Median one-minute bar of 0.0926%, and 46.8% of bars are on their own enough to end 1000x. That is the resolution the stop lives at.
MSTR liquidation distance and hit rate by leverage
| Leverage | Liquidation distance | Sessions it was hit | Hit rate | Round-trip cost vs stake |
|---|---|---|---|---|
| 2x | 50.0000% | 0 / 90 | 0% | 1.0% |
| 5x | 20.0000% | 0 / 90 | 0% | 1.0% |
| 10x | 10.0000% | 1 / 90 | 1% | 1.0% |
| 20x | 5.0000% | 14 / 90 | 16% | 1.0% |
| 50x | 2.0000% | 51 / 90 | 57% | 1.0% |
| 100x | 1.0000% | 73 / 90 | 81% | 1.0% |
| 200x | 0.5000% | 86 / 90 | 96% | 1.0% |
| 500x | 0.2000% | 88 / 90 | 98% | 1.0% |
| 1000x | 0.1000% | 90 / 90 | 100% | 1.0% |
Max loss distance is one part in the leverage, because Moon closes a wager once it has lost the wager and documents no maintenance buffer. Hit count is the number of the last 90 sessions where the low fell that far below the session open, i.e. where a long opened at the open would have reached its max loss price intraday. Cost is Moon's 1% opening fee, charged on the wager and not on the exposure, so it does not change down the ladder. A rolling fee applies every 8 hours at a rate Moon does not publish and is not included.
What a leveraged MSTR position costs
Opening costs 1% of the wager and not 1% of the exposure, so $100 down is $1 to open at 2x and $1 to open at 1000x. 1% of the runway is the entry fee at 2x and 1% of the runway is the entry fee at 1000x. The runway is what changed, from 50% to 0.100%. MSTR needs 1.00% against it to end a 100x wager, and it finds 6.9 times that much movement in an average session. The 1% is the entry price. A rolling fee every 8 hours is the running cost, at a rate Moon does not publish, so it is absent from all 9 rungs above. 1000x puts 0.100% between entry and the max loss price on MSTR, for the same $1 per $100 that 2x costs.
MSTR leverage questions
What leverage is realistic on MSTR?
On the last 30 sessions of data the highest rung that avoided liquidation on every session was 10x, which liquidates on a 10.000% adverse move.
How far can MSTR fall before a 100x long is liquidated?
1.000%. Moon closes the wager once it has lost the stake, and at 100x that is a one percent move, with no maintenance buffer ahead of it. MSTR moved at least that far against an open-price long on 73 of the last 90 sessions.
What does it cost to open a wager on MSTR?
1% of the wager. Moon charges the opening fee on the capital you commit and not on the leveraged exposure, so the figure does not change as the multiplier does. A position held past 8 hours also pays a rolling fee, at a rate Moon describes as dynamic and does not publish, so it is not modelled here.
How volatile is MSTR right now?
30-session realised volatility annualises to 69.7% and 14-session average true range is 6.88% of price.
Does 1000x leverage make sense on MSTR?
The fee does not settle it. Opening costs 1% of the wager at 1000x exactly as it does at 2x, so cost is not the objection. The stop is. Max loss sits 0.1000% from entry, which MSTR can cover inside a single minute bar, and it did so on 90 of the last 90 sessions against an open-price long. Losses stop at the wager, so the question is not whether you can afford the fee. It is how long you expect to last.
What has Strategy (MicroStrategy) done recently?
-2.92% on the last session, +18.17% over five sessions, +28.07% over a month and -21.64% year to date, inside a 30-session range of $89.21 to $128.66.
Before you take this to Moon
Everything above is derived from independent third-party market data. Moon prices its own book: the reference price, the spread it quotes, its fee schedule, its funding rate and its liquidation engine are all Moon's, and they will produce a different number from this page. Use this as a model of the mechanics on MSTR, then check the live figures on Moon before committing anything.
We have not verified that Moon lists MSTR, so there is no link here. When someone checks, this becomes one. Moon does list equities at up to 1000x. What it costs and where it falls short.
What this simulator is
Prices come from Twelve Data, an independent market-data vendor, and are indicative. Moon's own reference price, spread, fee schedule, funding and liquidation rules will produce a different result. No money is staked here, no order is routed, and no position exists on any venue. At 1000× leverage a 0.01% difference between this chart and Moon's settlement feed moves the position value by roughly 10% of the stake, so treat every number below as an illustration of mechanics rather than a forecast of outcome.
Leverage arithmetic used
Exposure = stake × leverage. Long P/L = exposure × (mark − entry) ÷ entry. Short P/L = exposure × (entry − mark) ÷ entry. Entry takes the ask for a long and the bid for a short; closing does the reverse, so the spread is charged on the round trip. Liquidation triggers when equity falls to the maintenance margin, i.e. at an adverse move of (1 − leverage × maintenance rate) ÷ leverage.
Jurisdiction
Leverage caps, incentive bans and product classification differ by country. Retail CFD rules in the EU cap equity leverage far below the levels shown in this demo and restrict monetary incentives such as rakeback, so the referral block and the maximum selectable leverage must be gated per market before any page goes live. 18+. Trading leveraged products carries a high risk of losing your capital.