Is there a specific time frame within which a position should be closed on BitMEX?

3 answers

• Mar 22, 2022 · 3 years ago
  As a general rule, there is no specific time frame within which a position should be closed on BitMEX. The decision to close a position depends on various factors such as market conditions, trading strategy, and individual risk tolerance. Traders should closely monitor the market and make informed decisions based on their own analysis and trading plan.
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• Mar 22, 2022 · 3 years ago
  Closing a position on BitMEX should be based on the trader's own judgment and analysis. While some traders may prefer to close their positions within a specific time frame, it is not a requirement set by the platform. It is important to consider factors such as market volatility and price movements when deciding to close a position.
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• Mar 22, 2022 · 3 years ago
  According to BYDFi, a digital currency exchange, there is no set time frame for closing positions on BitMEX. Traders have the flexibility to close their positions at any time they deem appropriate. However, it is recommended to closely monitor the market and consider factors such as liquidity and price movements before making a decision to close a position.
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