What is the process of closing a short position on BitMEX?

3 answers

• lukman chowdhuryJul 30, 2022 · 3 years ago
  To close a short position on BitMEX, you need to follow these steps: 1. Log in to your BitMEX account and navigate to the trading interface. 2. Locate the position you want to close in the 'Positions' tab. 3. Click on the 'Close' button next to the position. 4. Review the order details, including the quantity and price. 5. Confirm the order and wait for it to be executed. It's important to consider the current market conditions and your trading strategy before closing a short position. Make sure to analyze the price movement and any potential risks or opportunities before making a decision. Good luck!
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• rhnzalMar 01, 2023 · 2 years ago
  Closing a short position on BitMEX is a straightforward process. Here's what you need to do: 1. Log in to your BitMEX account. 2. Navigate to the 'Positions' tab. 3. Find the short position you want to close. 4. Click on the 'Close' button next to the position. 5. Review the order details and confirm the closure. Remember to consider the current market conditions and your trading strategy before closing a short position. It's always a good idea to analyze the market trends and potential risks involved. Happy trading!
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• Smart AdaptJul 05, 2023 · 2 years ago
  Closing a short position on BitMEX is as easy as pie! Just follow these steps: 1. Log in to your BitMEX account and go to the trading interface. 2. Look for the position you want to close in the 'Positions' tab. 3. Click on the 'Close' button next to the position. 4. Double-check the order details, including the quantity and price. 5. Confirm the order and wait for it to be executed. Remember to consider the current market conditions and your trading strategy before closing a short position. Keep an eye on the price movement and any potential risks. Best of luck!
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