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Is there a way to take a break from trading on BitMEX?

avatarKhushi ShahDec 28, 2021 · 3 years ago3 answers

I'm an active trader on BitMEX, but sometimes I feel the need to take a break from trading. Is there a way to temporarily pause or disable my trading activities on BitMEX?

Is there a way to take a break from trading on BitMEX?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    Yes, you can take a break from trading on BitMEX by disabling your account temporarily. To do this, log in to your BitMEX account, go to the Account tab, and select the 'Disable Account' option. This will prevent you from placing new trades or making any changes to your existing positions. Keep in mind that disabling your account will not close any open positions or cancel any pending orders. Once you're ready to resume trading, simply log in again and enable your account.
  • avatarDec 28, 2021 · 3 years ago
    Absolutely! If you're feeling overwhelmed or need some time off from trading on BitMEX, you can take a break by disabling your account temporarily. Just log in to your BitMEX account, navigate to the Account tab, and choose the 'Disable Account' option. This will prevent you from making any new trades or modifications to your existing positions. Remember that disabling your account won't affect your open positions or pending orders. When you're ready to get back into trading, log in again and enable your account.
  • avatarDec 28, 2021 · 3 years ago
    Yes, there is a way to take a break from trading on BitMEX. You can temporarily disable your account to pause your trading activities. To do this, log in to your BitMEX account, go to the Account tab, and select the 'Disable Account' option. This will prevent you from placing new trades or making any changes to your existing positions. It's a great way to take a breather and come back with a fresh perspective. However, if you're looking for a more long-term break, you may want to consider setting up stop-loss orders or reducing your position sizes instead.