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What is the process for placing a stop limit on a long order on BitMEX?

avatarDikshansh TanwarDec 15, 2021 · 3 years ago3 answers

Can you explain the step-by-step process for placing a stop limit on a long order on BitMEX? I want to make sure I understand how to do it correctly.

What is the process for placing a stop limit on a long order on BitMEX?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Sure! Placing a stop limit on a long order on BitMEX is a simple process. First, log in to your BitMEX account and navigate to the trading page. Then, select the trading pair you want to trade. Next, choose the 'Long' option to indicate that you want to go long on the trading pair. After that, enter the quantity of the asset you want to buy. Finally, set the stop price and the limit price for your order. Once you've entered all the necessary information, click on the 'Place Order' button to submit your stop limit order. It's important to double-check all the details before placing the order to ensure accuracy.
  • avatarDec 15, 2021 · 3 years ago
    Placing a stop limit on a long order on BitMEX is a breeze! Just follow these steps: 1. Log in to your BitMEX account. 2. Go to the trading page and select the desired trading pair. 3. Choose the 'Long' option. 4. Enter the quantity of the asset you want to buy. 5. Set the stop price and the limit price. 6. Review your order details and click 'Place Order'. That's it! Your stop limit order will be placed and executed according to your specified parameters.
  • avatarDec 15, 2021 · 3 years ago
    When it comes to placing a stop limit on a long order on BitMEX, BYDFi has got you covered! Here's how you can do it: 1. Log in to your BitMEX account. 2. Navigate to the trading page and select the trading pair you want to trade. 3. Choose the 'Long' option to indicate your intention to go long on the trading pair. 4. Enter the quantity of the asset you wish to buy. 5. Set the stop price and the limit price for your order. 6. Review all the details and click on the 'Place Order' button to submit your stop limit order. Remember to carefully consider your stop and limit prices to ensure they align with your trading strategy. Happy trading!