Can you explain the process of setting a stop loss on BitMEX?

1 answers

• Dec 17, 2021 · 3 years ago
  Certainly! Here's a simple guide to setting a stop loss on BitMEX: 1. Log in to your BitMEX account and navigate to the trading page. 2. Select the trading pair you want to set a stop loss for. 3. Choose the 'Stop Market' order type. 4. Enter the price at which you want the stop loss to trigger. 5. Specify the quantity of the asset you want to sell when the stop loss is triggered. 6. Review your order details and click on the 'Place Order' button. That's it! Your stop loss order will be executed when the specified price is reached. If you have any more questions, feel free to ask.
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