Hi guys, Today I am gonna share some important tips for bitmex users.
# Always Use Stop loss, As BTC movements are uncertain and don't follow TA only, Whales do manipulate it on short Terms.
# Dont Use more than 20-30% of your Bitmex balance in one trade.
# Try using Lvrg less than 25x in any condition. Risk Reward Ratio.
# Try to stay updated with BTC price while you are in trade or Leave PC only after setting Stop loss and Sell Order. If away try to be updated with our channel.
# However few Calls have hit stop losses yet in our group, Still we should never be overconfident for any trade on Bitmex.
# Keep updating Stop loss in Profit so you dont miss Profit but keep a distance. If stop loss triggered in Profit accept it or if Trend is confirmed rebuy with signalled Stop loss. Keep a ratio for stop loss with your Profit. If you are expecting 50% Profit in a trade stop loss should not be more than 15-20%. With Time you will learn it.
# If you are expectig Big Profits in Bitmex, Try to learn fundamentals of charts and patterns I share so you can become self dependent and can scalp yourself while there is no signal and you are free to trade. Start Practice with lower amount. Learn & Earn.
# Discipline = Profit.
P.S. Trade Less Trade Well Earn More.
Topic: Bitmex users most important Tips to make profit (Read 117 times)
Jump to: