common-close-0
BYDFi
Trade wherever you are!

What should I do if I want to stop trading on BitMEX for a while?

avatarMatheus LealDec 16, 2021 · 3 years ago10 answers

I have been actively trading on BitMEX, but now I want to take a break from trading. What steps should I take to temporarily stop trading on BitMEX?

What should I do if I want to stop trading on BitMEX for a while?

10 answers

  • avatarDec 16, 2021 · 3 years ago
    If you want to stop trading on BitMEX for a while, you can follow these steps: 1. Log in to your BitMEX account. 2. Go to the 'Account' tab. 3. Click on 'Preferences'. 4. Scroll down to the 'Trading' section. 5. Toggle the 'Enable Trading' button to disable it. By disabling trading, you will not be able to place new orders or modify existing orders. However, your open positions will remain active until you close them or they are liquidated. Please note that disabling trading does not affect your account balance or any open positions you have on BitMEX. If you want to resume trading, simply follow the same steps and enable trading again.
  • avatarDec 16, 2021 · 3 years ago
    Taking a break from trading on BitMEX is a wise decision if you feel overwhelmed or need some time to reassess your trading strategy. To temporarily stop trading on BitMEX, you can disable trading in your account settings. This will prevent you from placing new trades or modifying existing ones. However, it's important to note that your open positions will remain active until you close them or they are liquidated. So, make sure to monitor your positions and take appropriate actions if needed. When you're ready to resume trading, you can easily enable trading again in your account settings.
  • avatarDec 16, 2021 · 3 years ago
    If you want to stop trading on BitMEX for a while, you can disable trading in your account settings. This will prevent you from making new trades or modifying existing ones. However, your open positions will remain active until you close them or they are liquidated. It's important to note that disabling trading does not affect your account balance or any open positions you have on BitMEX. So, if you want to take a break from trading, simply disable trading in your account settings. When you're ready to start trading again, you can enable trading with just a few clicks.
  • avatarDec 16, 2021 · 3 years ago
    If you're looking to take a break from trading on BitMEX, you can easily disable trading in your account settings. By disabling trading, you won't be able to place new orders or modify existing ones. However, your open positions will remain active until you close them or they are liquidated. It's important to keep an eye on your positions and take appropriate actions if needed. When you're ready to resume trading, simply enable trading again in your account settings. Remember to take breaks when needed and prioritize your well-being.
  • avatarDec 16, 2021 · 3 years ago
    To temporarily stop trading on BitMEX, you can disable trading in your account settings. This will prevent you from placing new orders or modifying existing ones. However, your open positions will still be active until you close them or they are liquidated. It's important to manage your open positions and take appropriate actions if necessary. When you're ready to start trading again, you can easily enable trading in your account settings. Taking breaks from trading can help you maintain a healthy trading mindset and avoid burnout.
  • avatarDec 16, 2021 · 3 years ago
    If you want to take a break from trading on BitMEX, you can disable trading in your account settings. This will temporarily prevent you from placing new trades or modifying existing ones. However, your open positions will remain active until you close them or they are liquidated. It's important to monitor your positions and take necessary actions if required. When you're ready to resume trading, simply enable trading again in your account settings. Remember to prioritize self-care and take breaks when needed to maintain a balanced approach to trading.
  • avatarDec 16, 2021 · 3 years ago
    If you're looking to take a break from trading on BitMEX, you can disable trading in your account settings. This will prevent you from making new trades or modifying existing ones. However, your open positions will still be active until you close them or they are liquidated. It's important to keep an eye on your positions and take appropriate actions if necessary. When you're ready to resume trading, simply enable trading again in your account settings. Remember to take breaks when needed and prioritize your well-being.
  • avatarDec 16, 2021 · 3 years ago
    If you want to stop trading on BitMEX for a while, you can disable trading in your account settings. This will prevent you from placing new orders or modifying existing ones. However, your open positions will remain active until you close them or they are liquidated. It's important to note that disabling trading does not affect your account balance or any open positions you have on BitMEX. So, if you want to take a break from trading, simply disable trading in your account settings. When you're ready to start trading again, you can enable trading with just a few clicks.
  • avatarDec 16, 2021 · 3 years ago
    If you want to temporarily stop trading on BitMEX, you can disable trading in your account settings. This will prevent you from placing new trades or modifying existing ones. However, your open positions will still be active until you close them or they are liquidated. It's important to keep an eye on your positions and take necessary actions if required. When you're ready to resume trading, simply enable trading again in your account settings. Remember to take breaks when needed and focus on your trading strategy.
  • avatarDec 16, 2021 · 3 years ago
    If you want to take a break from trading on BitMEX, you can disable trading in your account settings. This will temporarily prevent you from placing new trades or modifying existing ones. However, your open positions will remain active until you close them or they are liquidated. It's important to monitor your positions and take necessary actions if required. When you're ready to resume trading, simply enable trading again in your account settings. Remember to prioritize self-care and take breaks when needed to maintain a balanced approach to trading.