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What are the steps to set up and use stop loss on BitMEX?

avatarQUASODec 16, 2021 · 3 years ago3 answers

Can you provide a step-by-step guide on how to set up and use stop loss on BitMEX?

What are the steps to set up and use stop loss on BitMEX?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! Here's a step-by-step guide on how to set up and use stop loss on BitMEX: 1. Log in to your BitMEX account. 2. Navigate to the 'Trade' tab. 3. Select the trading pair you want to set up a stop loss for. 4. Click on the 'Stop Market' order type. 5. Enter the stop price at which you want the stop loss to trigger. 6. Set the quantity of the position you want to protect. 7. Choose whether you want to place a 'Sell' or 'Buy' stop loss order. 8. Review all the details and click on the 'Place Order' button to confirm. That's it! Your stop loss order is now set up on BitMEX.
  • avatarDec 16, 2021 · 3 years ago
    Setting up stop loss on BitMEX is easy! Just follow these steps: 1. Login to your BitMEX account. 2. Go to the 'Trade' section. 3. Choose the trading pair you want to set up stop loss for. 4. Select the 'Stop Market' order type. 5. Enter the stop price you want the stop loss to trigger at. 6. Specify the quantity of the position you want to protect. 7. Decide whether you want to place a 'Sell' or 'Buy' stop loss order. 8. Double-check all the details and click 'Place Order' to confirm. That's all! Your stop loss order will be active on BitMEX.
  • avatarDec 16, 2021 · 3 years ago
    I can help you with that! Here's a step-by-step guide to set up and use stop loss on BitMEX: 1. Log in to your BitMEX account. 2. Navigate to the 'Trade' tab. 3. Choose the trading pair you want to set up stop loss for. 4. Click on the 'Stop Market' order type. 5. Enter the stop price at which you want the stop loss to trigger. 6. Specify the quantity of the position you want to protect. 7. Decide whether you want to place a 'Sell' or 'Buy' stop loss order. 8. Review all the details and click on the 'Place Order' button to confirm. That's it! Your stop loss order is now set up on BitMEX.