How large of a price movement is needed on BitMEX to generate a profit?

3 answers

• Dec 17, 2021 · 3 years ago
  To generate a profit on BitMEX, the minimum price movement required depends on the leverage used and the position size. With higher leverage and larger position sizes, even a small price movement can result in a profit. However, it's important to note that higher leverage also increases the risk of losses. Traders should carefully consider their risk tolerance and use appropriate risk management strategies when trading on BitMEX.
  433217
• Dec 17, 2021 · 3 years ago
  In order to make a profit on BitMEX, you need to have a price movement that is larger than the trading fees and any other costs associated with the trade. The exact size of the price movement needed will depend on these factors, as well as the leverage used and the position size. It's important to carefully calculate these costs and consider them when determining the minimum price movement required to generate a profit.
  423141
• Dec 17, 2021 · 3 years ago
  When trading on BitMEX, the minimum price movement needed to generate a profit can vary depending on the specific trading strategy employed. Some traders may aim for small profits with frequent trades, while others may take larger positions and hold them for longer periods in order to capture larger price movements. It's important to have a clear trading strategy and to adapt it based on market conditions and risk tolerance. Remember to always do your own research and consider seeking professional advice before making any trading decisions.
  546137