Is it possible to adjust the stop loss after a market trade on BitMEX?
Monisha GowdaDec 27, 2021 · 3 years ago5 answers
I recently made a market trade on BitMEX and realized that I didn't set a stop loss. Is it still possible to adjust the stop loss after the trade has been executed? How can I do that?
5 answers
- Dec 27, 2021 · 3 years agoYes, it is possible to adjust the stop loss after a market trade on BitMEX. Once a trade has been executed, you can go to the 'Positions' tab on the BitMEX trading platform and find the position you want to adjust. From there, you can click on the 'Stop Loss' button and set a new stop loss level. Keep in mind that adjusting the stop loss will not affect the executed trade, but it will only change the level at which the stop loss will be triggered.
- Dec 27, 2021 · 3 years agoDefinitely! You can adjust the stop loss even after a market trade on BitMEX. Just go to the 'Positions' section, locate the trade you want to modify, and click on the 'Stop Loss' button. This will allow you to set a new stop loss level for that particular trade. It's a great feature that gives you more control over your trades and helps you manage your risk effectively.
- Dec 27, 2021 · 3 years agoAbsolutely! You can adjust the stop loss after a market trade on BitMEX. Simply navigate to the 'Positions' tab, find the trade you want to modify, and click on the 'Stop Loss' button. This will enable you to set a new stop loss level for that trade. Remember, it's important to regularly review and adjust your stop loss levels to protect your capital and minimize potential losses.
- Dec 27, 2021 · 3 years agoYes, you can adjust the stop loss after a market trade on BitMEX. Just head over to the 'Positions' tab, locate the trade you want to modify, and click on the 'Stop Loss' button. This will allow you to set a new stop loss level for that trade. It's a straightforward process that gives you the flexibility to adapt your trading strategy as market conditions change.
- Dec 27, 2021 · 3 years agoWhile I can't speak specifically for BitMEX, I can tell you that on BYDFi, another popular cryptocurrency exchange, it is indeed possible to adjust the stop loss after a market trade. I would assume that BitMEX offers a similar feature, as it is a reputable exchange with advanced trading functionalities. You should be able to find the option to adjust the stop loss in the 'Positions' or 'Orders' section of the BitMEX platform.
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