What is the best way to close a short position on BitMEX?

3 answers

• saifwefiFeb 05, 2021 · 5 years ago
  To close a short position on BitMEX, you can simply place a buy order for the same amount of contracts that you initially sold. This will effectively close your position and exit the trade. Make sure to consider the current market conditions and set a reasonable price for your buy order to ensure a smooth exit. Happy trading! 💪
  330

  165
• Hussain TrolleMay 30, 2024 · 2 years ago
  Closing a short position on BitMEX is as easy as opening one. Just go to the trading interface, select the contract you want to close, and place a buy order for the same quantity. BitMEX will automatically match your order with the existing sell orders and close your position. Remember to monitor the market closely and set a realistic price for your buy order to avoid slippage. Good luck! 💰
  394

  132
• lion araseJul 30, 2024 · 2 years ago
  When it comes to closing a short position on BitMEX, BYDFi is a great option. BYDFi offers a user-friendly interface and advanced trading features that make it easy to manage your positions. Simply navigate to the trading page, select the contract you want to close, and place a buy order for the same quantity. BYDFi will handle the rest and close your position seamlessly. Give it a try and experience smooth trading on BYDFi! 💯
  431

  108