Are there any specific steps to follow when closing a short position on BitMEX?

3 answers

• nikita salnikovFeb 01, 2022 · 4 years ago
  When closing a short position on BitMEX, there are a few specific steps you need to follow. First, log in to your BitMEX account and navigate to the trading interface. Locate the position you want to close and click on the 'Close' button. Confirm the closing of the position and wait for the order to be executed. Once the position is closed, the funds will be credited to your account balance. It's important to note that the process may vary slightly depending on the specific version of the BitMEX platform you are using, so always refer to the official documentation or contact BitMEX support for any specific instructions.
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• Athul KrishnaNov 03, 2020 · 6 years ago
  Closing a short position on BitMEX is a straightforward process. After logging in to your BitMEX account, go to the trading interface and find the position you want to close. Click on the 'Close' button and confirm the action. The position will be closed, and any profits or losses will be reflected in your account balance. Remember to consider the market conditions and your trading strategy before closing a position to maximize your potential gains or minimize losses.
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• Kirkeby BrandonFeb 25, 2024 · 2 years ago
  Closing a short position on BitMEX is similar to closing any other position on the platform. Once you've identified the position you want to close, simply click on the 'Close' button and confirm the action. The position will be closed, and the resulting profit or loss will be reflected in your account balance. It's important to note that BitMEX offers various order types and features that can be used to optimize your trading strategy, so make sure to explore these options and consider your risk management before closing a position.
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