What is the best way to put a stop loss on BitMEX?

3 answers

• lakshmi computerJun 25, 2020 · 5 years ago
  The best way to put a stop loss on BitMEX is to first log in to your account and navigate to the trading interface. From there, locate the 'Stop' tab and select the trading pair you want to set the stop loss for. Enter the price at which you want the stop loss to trigger, as well as the quantity of the asset you want to sell. Finally, click on the 'Sell' button to place the stop loss order. Make sure to double-check all the details before confirming the order.
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• PosheffyJan 21, 2024 · 2 years ago
  Setting a stop loss on BitMEX is a crucial risk management strategy. To do this, log in to your account and go to the trading interface. Look for the 'Stop' tab and choose the trading pair you want to set the stop loss for. Enter the stop price and the quantity you want to sell. Once you're satisfied with the details, click on the 'Sell' button to place the stop loss order. Remember to regularly monitor your positions and adjust the stop loss accordingly.
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• Md Shahin BeparyMay 14, 2024 · a year ago
  When it comes to setting a stop loss on BitMEX, BYDFi offers a user-friendly interface that makes the process simple and efficient. After logging in to your BYDFi account, navigate to the trading interface and select the desired trading pair. Locate the 'Stop' tab and enter the stop price and quantity. Finally, click on the 'Sell' button to execute the stop loss order. BYDFi ensures a seamless trading experience with advanced risk management tools.
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