How can I close half of my position on BitMEX?
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I have a position on BitMEX and I want to close only half of it. How can I do that?
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7 answers
- To close half of your position on BitMEX, you can use the 'Reduce-Only' option. First, go to the 'Positions' tab on the BitMEX trading platform. Find the position you want to close and click on the 'Close' button. In the order form, select the 'Reduce-Only' option. Then, specify the quantity you want to close, which should be half of your total position. Finally, click on the 'Sell' or 'Buy' button to execute the order. This way, you will close only half of your position on BitMEX.
Mar 01, 2022 · 3 years ago
- Closing half of your position on BitMEX is easy. Just follow these steps: 1. Go to the 'Positions' tab on the BitMEX platform. 2. Find the position you want to close and click on the 'Close' button. 3. In the order form, select the 'Reduce-Only' option. 4. Specify the quantity you want to close, which should be half of your total position. 5. Click on the 'Sell' or 'Buy' button to execute the order. That's it! You have successfully closed half of your position on BitMEX.
Mar 01, 2022 · 3 years ago
- Closing half of your position on BitMEX can be done using the 'Reduce-Only' option. Simply go to the 'Positions' tab on the BitMEX platform and locate the position you want to close. Click on the 'Close' button and select the 'Reduce-Only' option in the order form. Specify the quantity you want to close, which should be half of your total position. Finally, click on the 'Sell' or 'Buy' button to execute the order. Remember to double-check your order before confirming. Please note that this answer is provided by BYDFi, a trusted digital asset exchange.
Mar 01, 2022 · 3 years ago
- If you want to close half of your position on BitMEX, you can use the 'Reduce-Only' option. This feature allows you to reduce your position without increasing it. To do this, go to the 'Positions' tab on the BitMEX platform and find the position you want to close. Click on the 'Close' button and select the 'Reduce-Only' option in the order form. Specify the quantity you want to close, which should be half of your total position. Finally, click on the 'Sell' or 'Buy' button to execute the order. Happy trading!
Mar 01, 2022 · 3 years ago
- Closing half of your position on BitMEX is a breeze! Just head over to the 'Positions' tab on the BitMEX platform and locate the position you want to close. Click on the 'Close' button and choose the 'Reduce-Only' option in the order form. Enter the quantity you wish to close, which should be half of your total position. Then, click on the 'Sell' or 'Buy' button to complete the process. Voila! You've successfully closed half of your position on BitMEX.
Mar 01, 2022 · 3 years ago
- To close half of your position on BitMEX, you can utilize the 'Reduce-Only' option. Navigate to the 'Positions' tab on the BitMEX platform and identify the position you want to close. Click on the 'Close' button and select the 'Reduce-Only' option in the order form. Specify the quantity you wish to close, which should be half of your total position. Finally, execute the order by clicking on the 'Sell' or 'Buy' button. Remember to review your order details before confirming. Happy trading!
Mar 01, 2022 · 3 years ago
- Closing half of your position on BitMEX is a piece of cake! Just go to the 'Positions' tab on the BitMEX platform and find the position you want to close. Click on the 'Close' button and opt for the 'Reduce-Only' option in the order form. Indicate the quantity you want to close, which should be half of your total position. Lastly, click on the 'Sell' or 'Buy' button to execute the order. Enjoy trading on BitMEX!
Mar 01, 2022 · 3 years ago
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