How long do you have until a margin call on BitMEX?
Batchelor BasseDec 28, 2021 · 3 years ago3 answers
Can you explain the time frame before a margin call is triggered on BitMEX?
3 answers
- Dec 28, 2021 · 3 years agoWhen it comes to margin trading on BitMEX, the time frame before a margin call is triggered depends on several factors. The most important factor is the liquidation price of your position. If the price of the asset you're trading reaches or falls below the liquidation price, a margin call will be triggered. Additionally, the leverage you're using and the size of your position also play a role in determining how quickly a margin call can occur. It's important to closely monitor your positions and set appropriate stop-loss orders to minimize the risk of a margin call.
- Dec 28, 2021 · 3 years agoMargin calls on BitMEX can happen quickly if the market moves against your position. The higher the leverage you're using, the faster a margin call can occur. It's crucial to have a solid risk management strategy in place and closely monitor the market to avoid getting margin called. Setting stop-loss orders and regularly reviewing your positions can help mitigate the risk of a margin call.
- Dec 28, 2021 · 3 years agoOn BitMEX, the time frame before a margin call is triggered can vary depending on the market conditions and the leverage you're using. It's important to note that BitMEX has a sophisticated liquidation engine that aims to prevent unnecessary liquidations. However, in volatile markets, margin calls can happen quickly. It's advisable to use lower leverage and set appropriate stop-loss orders to protect your positions from margin calls. If you're looking for a more conservative approach, you may consider using a platform like BYDFi, which offers lower leverage options and a different risk management system.
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