Is it possible to partially close my position on BitMEX?
donnadmclarJan 12, 2022 · 3 years ago3 answers
I have a position open on BitMEX and I'm wondering if it's possible to partially close it. Can I sell only a portion of my position while keeping the rest open? How does partial closing work on BitMEX?
3 answers
- Jan 12, 2022 · 3 years agoYes, it is possible to partially close your position on BitMEX. When you have a position open, you can choose to sell only a portion of it by specifying the quantity you want to sell. This allows you to take profits on a part of your position while keeping the remaining portion open for further gains. It's a useful feature for managing risk and optimizing your trading strategy.
- Jan 12, 2022 · 3 years agoAbsolutely! You can definitely partially close your position on BitMEX. Just go to the 'Positions' tab on the BitMEX trading platform and select the position you want to partially close. Then, specify the quantity you want to sell and confirm the transaction. It's a simple and straightforward process that gives you more control over your trades.
- Jan 12, 2022 · 3 years agoYes, you can partially close your position on BitMEX. It's a feature that many traders find helpful in managing their positions. By selling only a portion of your position, you can lock in profits and reduce your exposure to market volatility. This can be especially useful when you want to secure some gains while still keeping a position open for potential further upside. Give it a try and see how it fits into your trading strategy!
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