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Can I reduce my position size by half on BitMEX?

avatarRaja Vardhan ReddyDec 25, 2021 · 3 years ago7 answers

Is it possible to decrease my position size by 50% on BitMEX? I want to reduce my exposure to a particular cryptocurrency, but I'm not sure if BitMEX allows for such adjustments. Can someone please clarify if this is an option on the platform?

Can I reduce my position size by half on BitMEX?

7 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, you can definitely reduce your position size by half on BitMEX. To do this, you need to go to the 'Positions' tab on the BitMEX trading platform and locate the position you want to adjust. From there, you can enter a new order to reduce your position size by 50%. Just make sure to double-check your order details before submitting it.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! You have the flexibility to decrease your position size by 50% on BitMEX. Simply navigate to the 'Positions' section on the BitMEX platform, find the position you wish to modify, and place a new order to reduce it by half. It's a straightforward process that allows you to manage your exposure effectively.
  • avatarDec 25, 2021 · 3 years ago
    Yes, reducing your position size by half on BitMEX is indeed possible. You can achieve this by accessing the 'Positions' tab on the BitMEX platform and placing a new order to adjust your position accordingly. Keep in mind that BitMEX offers various order types, so make sure to choose the appropriate one for reducing your position size.
  • avatarDec 25, 2021 · 3 years ago
    Sure thing! BitMEX allows you to decrease your position size by 50%. Simply head over to the 'Positions' tab on the BitMEX platform, locate the position you want to adjust, and place a new order to reduce it by half. It's a convenient feature that empowers you to manage your trades effectively.
  • avatarDec 25, 2021 · 3 years ago
    Yes, you can reduce your position size by half on BitMEX. Simply access the 'Positions' tab on the BitMEX platform, find the position you want to adjust, and place a new order to decrease it by 50%. BitMEX offers a user-friendly interface that makes it easy to manage your positions.
  • avatarDec 25, 2021 · 3 years ago
    Yes, you can reduce your position size by half on BitMEX. Simply go to the 'Positions' section on the BitMEX platform, locate the position you want to adjust, and place a new order to decrease it by 50%. BitMEX provides a seamless trading experience that allows you to fine-tune your positions.
  • avatarDec 25, 2021 · 3 years ago
    Yes, you can reduce your position size by half on BitMEX. Simply access the 'Positions' tab on the BitMEX platform, find the position you want to adjust, and place a new order to decrease it by 50%. BitMEX, being a leading cryptocurrency exchange, offers this feature to help you manage your positions effectively.