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Nickel Bitcoiner
Nickel Bitcoiner
Posts: 22
Joined: Tue Jan 22, 2019 10:37 am

How to use signals on Bitmex & How to use leverage on BitMEX.

Mon Mar 18, 2019 10:24 pm

Visit - www.t.me/freebitmexsignals

Free Bitmex Signals & BitMEX Auto Trading BOT



General information about trading on Bitmex

1. How to use signals on Bitmex.

There are some rules/tips which you need to follow while using signals on Bitmex:


a. Never allocate more than 10% of your total equity for each trade.

b. Modify the entry to odd numbers, if they are in even numbers.


c. Make the profit on targets and make targets odd numbers if even.

d. Start with low leverage. Once Target 1 has been hit and you moved your stop loss to entry, you can go even 100x – it does not matter, as long as you have a stop market order in place.


e. You can never say which trade is safe, so you have to take all trade as a safe trade. Safety can only come from how you handle your account by your money management.

f. Even if you are en experienced trader or beginner, you will need some expert advice and that’s what we provide, we are known to provide consistent profits to our members and they make daily profits, there’s no fee to visit us and check out our quality signals - https://t.me/freebitmexsignals.

2. How to use leverage on BitMEX.


Leverage simply means that you borrow money for investing in something. There are ups and downs in Day Trading cryptocurrencies. However, if you know what you are doing, then the biggest advantage in bear times is leverage trading on BitMEX for your trades. In the case of the cryptocurrency market, these funds are given by the other traders’ funds as BitMEX is a mercantile peer-to-peer exchange with a smart funding feature. If you analysie the working of the Bitcoin trading sector, then the working mechanism is similar to that of the Forex market.
For instance, when you trade leverage 50:1 in the forex market, then this means that you can trade 50 times more than the original capital, you should never exceed 10x. The reason is the volatility of the digital currency market and the implemented danger to leverage a trade in high numbers. This would be very difficult for you to judge in the beginning, so you can join us and learn the market trends and trade with almost Zero % loss - https://t.me/freebitmexsignals. The leverage in the digital currency world follows one simple rule, “High leverage can yield high returns,” but there is also a possibility that high leverage can yield heavy losses.

3. Difference between Leverage and Margin.


Margin trading is also the concept which you need to keep in mind, if you have made up your mind to trade cryptos with leverage. Margin can simply be termed as a good faith deposit that is required to keep your trade open. You will have to borrow the money against your existing funds, if you wish to indulge in margin trading with cryptocurrencies. This means you will trade on margin on BitMEX and you are leveraging your existing funds and increasing your buying/selling power.

4. Example of a leveraged trade.


If one purchase 1 bitcoin with 0.1 BTC by buying a 10x margin position at BitMEX, it must be noted that the rate of dollars used will vary with current market value. The leverage was initially set at 10x as advised earlier, however, with Bitcoin it can be raised to as high as 100x. 100x will make you massive profits if it's successful which is not the case almost everytime, there are traders who got excited and set the leverage to 100x and lost everything they had. An interesting fact is that the profit can exceed 100% or even more but the losses are restricted to 100%, and the efforts are of course made to minimize this percentage as low as possible.

5. Options on Bitmex.


Bitmex and most of the platforms offer two order types. a) Limit Order, and b) Market Order. This means that you will buy or sell your order at the market or the limit price. The order gets executed directly against the order book With a market order and With a limit order, it gets triggered once a certain price is reached. You always should add stops to your orders when you go into day trading, chances are high to get your complete funds on this bet liquidated fast, especially with leverage. Bitmex also offers advanced order types. For example, you can set hidden stop loss orders, trailing stop orders, take profit as limit or as a market order. You can also visit our group to explore more options and make a trade without manual efforts, as we also provide a free Bitmex Bot, who make trades as per market trend and does trading for you when you’re away from crypto market - https://t.me/freebitmexsignals.

6. Free BitMEX Signals on Twitter and Telegram

There are various factors in Trading. You must know the best Time Frame to trade before you start trading. The most common mistakes people do is by trading in a wrong Time Frame. Most people settle on a timeframe without giving it much thought. However, the timeframe you trade is an important decision for a trader. There are many telegram channels out there, however, you can visit our channel and see how it works, we have a Dynamic Bot as well which does the trading for you and help you get rid of manual trading. We provide all the info about best time to trade, when you shoud get in to the market and make a purchase and selling, our team analysis the market trend and provide accurate signals. On top of that we provide one telegram channel that gives great BitMEX signals for free - https://t.me/freebitmexsignals.
If you are a new trader and just started to trade in Bitmex, you can join us, because we wil do the signal analyis for you. It’s always better to use a professional trader to help you when you are just starting trading.

7. About Bitmex.

The Bitmex Mercantile Exchange is a place where professional investors trade Bitcoin derivatives in real time. Experienced traders can get up to 100 times leverage in contracts and shorting, which increases the chances of making it big profits or losses. Advanced traders are more comfortable with higher risk and that’s why this platform is so popular with them. Bitmex is currently one of the largest Bitcoin trading platforms with over 540,000 accesses and 35,000 BTC monthly. It also has a trading history of over 34 billion dollars’ worth of Bitcoin. BitMex only trades in BitCoins, which means profits and losses are made in Bitcoin even if you use altcoin to finance trading. Bitmex is currently optimized for mobile and is only available on android phones however; one can use it on the desktop. Bitmex only supports three currencies, US dollar, Japanese Yen and Chinese Yuan. Bitmex is a great place to make huge profits in a very less amount of time, you just need to make sure that you know what you are doing. Once you have mastered it, you will know why everyone juming in to Cryptocurrencies thses days. If you are not sure and just starting, then we are here for you and we provide countless assistance. You will be amazed by seeing the way we trade and make daily profits for our community - https://t.me/freebitmexsignals.

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