Can I avoid a margin call on BitMEX by adjusting my leverage?

3 answers

• Abbas BirjandiMar 31, 2024 · a year ago
  Yes, adjusting your leverage on BitMEX can help you avoid a margin call. By reducing your leverage, you decrease the amount of borrowed funds in your position, which lowers your risk of liquidation. However, it's important to note that reducing leverage also reduces your potential profits. So, it's a trade-off between risk and reward. Make sure to carefully assess your risk tolerance and adjust your leverage accordingly.
  424

  212
• HoistMedia HubFeb 24, 2023 · 2 years ago
  Absolutely! By adjusting your leverage on BitMEX, you have the ability to manage your risk and potentially avoid a margin call. Lowering your leverage reduces the amount of borrowed funds in your position, which decreases the likelihood of liquidation. However, keep in mind that reducing leverage also limits your potential gains. It's crucial to find the right balance between risk and reward based on your trading strategy and risk tolerance.
  445

  149
• jewelrugsSep 30, 2020 · 5 years ago
  Yes, you can avoid a margin call on BitMEX by adjusting your leverage. By reducing your leverage, you decrease the risk of your position being liquidated. However, it's important to note that reducing leverage also reduces your potential profits. It's recommended to carefully manage your leverage based on your risk tolerance and trading strategy to avoid margin calls and maintain a healthy trading account.
  409

  103