How to close short on bitmex

how to close short on bitmex

This is true both because of the up and down nature of crypto markets but also because the liquidation price at such high leverage is not in your favor. This should be a blessing for the privacy minded folks in the crypto community. This strategy can be particularly effective especially when BTC price is at a certain price support level and going below it and breaking the support is expected to lead to a huge downfall of BTC price and as a result of every other crypto asset as well. Once a stop loss trigger has been reached your trade initiates your stop loss limit price. Neither one of these strategies is right or wrong. Published 1 year ago on September 25, The acid test of whether you trade on BitMEX responsibly is, while you might get Stopped out quite a lot, you never get Liquidated.
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