common-close-0
BYDFi
Trade wherever you are!

How can I avoid a margin call on BitMEX?

avatarPurab RahangdaleDec 25, 2021 · 3 years ago3 answers

What strategies can I use to prevent a margin call on BitMEX?

How can I avoid a margin call on BitMEX?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    To avoid a margin call on BitMEX, it's important to carefully manage your leverage and position size. Make sure to set a stop loss order to limit potential losses and always monitor your positions closely. Additionally, diversifying your portfolio and not putting all your eggs in one basket can help mitigate the risk of a margin call. Remember to stay updated with the latest market news and trends to make informed trading decisions. Good luck!
  • avatarDec 25, 2021 · 3 years ago
    Margin calls on BitMEX can be avoided by maintaining a sufficient margin balance in your account. It's crucial to regularly monitor your account balance and adjust your positions accordingly. Setting a realistic risk tolerance and using proper risk management techniques can also help prevent margin calls. Remember, trading on margin involves higher risks, so it's important to be cautious and only trade with funds you can afford to lose.
  • avatarDec 25, 2021 · 3 years ago
    Avoiding a margin call on BitMEX requires careful risk management. One effective strategy is to use a lower leverage ratio, which reduces the risk of liquidation. Additionally, setting a reasonable stop loss level and regularly reassessing your positions can help prevent margin calls. It's also important to stay informed about market conditions and adjust your trading strategy accordingly. By following these steps, you can minimize the chances of a margin call on BitMEX.