Is it advisable to change the leverage on my Bybit position while it's active?

4 answers

• Dec 27, 2021 · 3 years ago
  It's generally not advisable to change the leverage on your Bybit position while it's active. Changing the leverage can have significant impacts on your trade, as it affects the margin requirements and potential liquidation price. It's best to carefully consider your leverage before opening a position and stick with it until the trade is closed.
  347174
• Dec 27, 2021 · 3 years ago
  Changing the leverage on your Bybit position while it's active can be risky. It may lead to increased margin requirements or even liquidation if the market moves against you. If you're unsure about the leverage you've chosen, it's better to close the position and open a new one with the desired leverage.
  305102
• Dec 27, 2021 · 3 years ago
  While it's technically possible to change the leverage on your Bybit position while it's active, it's generally not recommended. Bybit has specific rules and limitations regarding leverage changes, and it's important to understand them before making any adjustments. It's advisable to reach out to Bybit's support team or consult their documentation for guidance on leverage changes.
  38396
• Dec 27, 2021 · 3 years ago
  Changing the leverage on your Bybit position while it's active is not recommended. Bybit is designed to provide a seamless trading experience, and changing the leverage mid-trade can disrupt your strategy and potentially lead to unintended consequences. It's best to plan your leverage before entering a trade and stick with it until the position is closed.
  35772