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How can I successfully close a short trade on BitMEX?

avatarMcNeill LammDec 18, 2021 · 3 years ago3 answers

I'm new to BitMEX and I want to know the steps to successfully close a short trade. Can you guide me through the process?

How can I successfully close a short trade on BitMEX?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    To successfully close a short trade 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. Confirm the closing of the position by clicking 'Confirm' in the pop-up window. 5. Your short trade will be closed, and any profits or losses will be reflected in your account balance. Remember to carefully consider market conditions and set appropriate stop-loss orders to manage your risk. Good luck with your trading!
  • avatarDec 18, 2021 · 3 years ago
    Closing a short trade on BitMEX is quite simple. Just follow these steps: 1. Log in to your BitMEX account. 2. Go to the 'Positions' tab. 3. Find the position you want to close. 4. Click on the 'Close' button. 5. Confirm the closing of the position. That's it! Your short trade will be closed, and you can review your profits or losses in your account. If you have any further questions, feel free to ask!
  • avatarDec 18, 2021 · 3 years ago
    Closing a short trade 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. Locate the short position you want to close. 4. Click on the 'Close' button next to the position. 5. Confirm the closure of the position. Once you've completed these steps, your short trade will be closed, and you can analyze your results. If you need any more assistance, don't hesitate to reach out to the BitMEX support team.