common-close-0
BYDFi
Trade wherever you are!

What are the steps to set a stop limit on a long order on BitMEX?

avatarkun iDec 15, 2021 · 3 years ago3 answers

Can you please provide a detailed explanation of the steps required to set a stop limit on a long order on BitMEX?

What are the steps to set a stop limit on a long order on BitMEX?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Sure! Here are the steps to set a stop limit on a long order on BitMEX: 1. Log in to your BitMEX account. 2. Navigate to the 'Trade' tab. 3. Select the trading pair you want to place the order for. 4. Click on the 'Long' button to initiate a long order. 5. In the order form, enter the quantity of the cryptocurrency you want to buy. 6. Set the 'Stop Price' to the desired price at which you want the stop limit order to be triggered. 7. Set the 'Limit Price' to the price at which you want the order to be executed. 8. Specify any additional parameters like 'Time in Force' or 'Post-Only'. 9. Review your order details and click on the 'Place Order' button to submit the order. That's it! Your stop limit order on a long position has been set on BitMEX.
  • avatarDec 15, 2021 · 3 years ago
    Setting a stop limit on a long order on BitMEX is quite simple. Just follow these steps: 1. Login to your BitMEX account. 2. Go to the 'Trade' section. 3. Choose the trading pair you want to trade. 4. Click on the 'Long' button to open a long position. 5. Fill in the quantity of the cryptocurrency you want to buy. 6. Set the 'Stop Price' to the price at which you want the stop limit order to be triggered. 7. Set the 'Limit Price' to the price at which you want the order to be executed. 8. You can also set additional parameters like 'Time in Force' or 'Post-Only' if needed. 9. Double-check your order details and click on the 'Place Order' button to confirm the order. That's it! Your stop limit order on a long position has been successfully set on BitMEX.
  • avatarDec 15, 2021 · 3 years ago
    To set a stop limit on a long order on BitMEX, follow these steps: 1. Log in to your BitMEX account. 2. Navigate to the 'Trade' tab. 3. Select the trading pair you want to trade. 4. Click on the 'Long' button to initiate a long order. 5. Enter the quantity of the cryptocurrency you want to buy. 6. Set the 'Stop Price' to the desired price at which the stop limit order should be triggered. 7. Set the 'Limit Price' to the price at which you want the order to be executed. 8. Review the order details and make sure everything is correct. 9. Click on the 'Place Order' button to submit the order. That's it! Your stop limit order on a long position has been set on BitMEX.