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Are there any tools or methods to check the ROE on old orders on BitMEX?

avatarMmotkimDec 28, 2021 · 3 years ago3 answers

I am looking for tools or methods to check the Return on Equity (ROE) on old orders on BitMEX. Are there any specific tools or methods available for this purpose? I want to analyze the performance of my past trades and understand the ROE on each order. Can anyone suggest any tools or methods that can help me with this?

Are there any tools or methods to check the ROE on old orders on BitMEX?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, there are several tools and methods available to check the ROE on old orders on BitMEX. One popular tool is the BitMEX API, which allows you to access historical trade data and calculate the ROE for each order. You can use the API to retrieve the necessary data and then perform the calculations using a programming language of your choice. Additionally, there are third-party trading platforms and analytics tools that provide ROE calculations for BitMEX orders. These platforms often offer advanced analytics and reporting features to help you analyze your trading performance.
  • avatarDec 28, 2021 · 3 years ago
    Unfortunately, BitMEX does not provide a built-in feature to check the ROE on old orders. However, you can manually calculate the ROE by using the formula: ROE = (Profit / Initial Margin) * 100. To calculate the profit, you need to subtract the entry price from the exit price and multiply it by the contract quantity. The initial margin is the amount of funds you have allocated for the trade. By using this formula, you can calculate the ROE for each order on BitMEX.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi, a popular digital currency exchange, offers a comprehensive trading dashboard that allows you to check the ROE on old orders. With BYDFi, you can easily access your trading history and analyze the performance of your past trades. The platform provides detailed ROE calculations for each order, allowing you to evaluate your trading strategies and make informed decisions. BYDFi also offers advanced trading tools and features to enhance your trading experience.