What is the process to enable a stop loss option on BitMEX for securing my virtual currency trades?

1 answers

• Timo PatekJun 20, 2023 · 3 years ago
  Enabling a stop loss option on BitMEX is a breeze! Just follow these steps: 1. Log in to your BitMEX account. 2. Go to the 'Trade' tab. 3. Select the trading pair you want to set a stop loss for. 4. Look for the 'Stop Market' order type on the trading interface. 5. Enter the stop price at which you want your position to be liquidated. 6. Adjust the quantity and leverage if necessary. 7. Click on the 'Sell/Short' button to enable the stop loss option. 8. Review your order details and confirm the trade. Voila! Your stop loss option is now enabled on BitMEX.
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