How can I calculate the liquidation price on BitMEX for my cryptocurrency trades?

3 answers

• Dec 15, 2021 · 3 years ago
  Sure! Calculating the liquidation price on BitMEX is essential to manage your risk. To calculate it, you need to consider your leverage, entry price, and the maintenance margin. You can use the formula: Liquidation Price = Entry Price - (Entry Price * Maintenance Margin / Leverage). This will give you the price at which your position will be liquidated if the market moves against you. Make sure to double-check your calculations to avoid any mistakes!
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• Dec 15, 2021 · 3 years ago
  Calculating the liquidation price on BitMEX can be a bit tricky, but don't worry, I've got you covered! First, determine your leverage, entry price, and maintenance margin. Then, use the formula: Liquidation Price = Entry Price - (Entry Price * Maintenance Margin / Leverage). This will give you the price at which your position will be liquidated. Keep in mind that the liquidation price is dynamic and changes as the market moves. So, always stay updated and monitor your positions closely!
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• Dec 15, 2021 · 3 years ago
  Calculating the liquidation price on BitMEX is crucial for managing your risk. Here's how you can do it: 1. Determine your leverage, entry price, and maintenance margin. 2. Use the formula: Liquidation Price = Entry Price - (Entry Price * Maintenance Margin / Leverage). 3. This will give you the price at which your position will be liquidated if the market goes against you. Remember to consider the market volatility and adjust your risk accordingly. If you have any further questions, feel free to ask!
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