How can I calculate my profits with 25x leverage on Bitmex?

1 answers

• pimnichakornJul 01, 2021 · 4 years ago
  Calculating profits with 25x leverage on Bitmex can be exciting, but it's important to approach it with caution. Here's a step-by-step guide to help you calculate your profits: 1. Determine the percentage change in the price of the asset you're trading. Let's say the price of Bitcoin increases by 10%. 2. Multiply the percentage change by your leverage factor. In this case, 10% multiplied by 25 equals 250%. 3. Calculate the profit by multiplying your initial investment by the leverage factor. For example, if your initial investment was $1,000, your profit would be $2,500 (250% of $1,000). Remember, leverage can amplify both profits and losses, so it's important to have a solid trading strategy and risk management plan in place. If you're new to trading, it's always a good idea to start with lower leverage and gradually increase it as you gain more experience and confidence in your trading abilities.
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