Beginners guide to Trading on Bitmex, How to short on, Bitmex trading strategies and more
Hey guys,
In this video we will talk about –
1. What is Bitmex? Why should you know about it?
2. What do you mean by leverage and margin? https://www.youtube.com/watch?v=zr0BlNMSNyo&t=363s
3. How to go short and how to go long on Bitmex? https://www.youtube.com/watch?v=zr0BlNMSNyo&t=710s
4. How to use stop loss on Bitmex? https://www.youtube.com/watch?v=zr0BlNMSNyo&t=1076s
5. Bitmex trading strategies for beginners? https://www.youtube.com/watch?v=zr0BlNMSNyo&t=1500s
Sign up on Bitmex using my referral link http://bit.ly/Bitmex10percent
You will get a 10% discount on the fee if you use the above link.
Join our telegram group here https://t.me/CryptoTradingAnalysis_CTG
Some really amazing stuff if you want to read up more on Bitmex trading strategies
I found this on reddit
https://alunacrypto.blogspot.in/2017/03/bitcoin-exchange-tutorial-bitmex-trading-platform-beginners-guide-how-to-margin-trade-btc-altcoins-futures-derivatives.html
This is from Bitmex
https://blog.bitmex.com/how-to-trade-with-25x-leverage/
This is from Howtotoken on Bitcoin futures and using bitmex https://howtotoken.com/for-traders/trade-bitcoin-futures-ultimate-guide-part-2/
This is an excellent piece on medium which helps you understand bitmex strategies using practical examples https://medium.com/@BambouClub/a-quick-starter-guide-to-using-leveraged-trading-at-bitmex-5383de4cb320
All the above were my sources of inspiration.
source
cool tutorial for beginners and even I got something out of it. Do you trade anywhere besides bitmex? I really like Bitseven and Im wondering why more people dont use it.
Thanks for your vid, very well explained. I finally found where i can short coins.
its a bad idea to marginal trade on hourly chart if u r not exceptionally good at TA, decision making and disciplined. .. well if u r not good at TA .. leverage trading is not at all for u, if u do that .. prepare ur accounts to get wiped. there are many ways to use stop loss .. but again if u dont have a consistent startgy ur stop loss will be triggered when it was not supposed to… u can also use it if a trade goes against u … for example went short but market turned against u .. a trick is to place another stop order above / below ( if u going long) ur stop loss .. so that if market goes against u u can still catch the other trend and reuce ur losses or gain some profit …i never advice anyone to do marginal trading if they dont understand markets. u will LOSE ur money if u do that ! i can not focus it enough. DO NOT MARGINAL TRADE iF YOU ARE NEW !
very good info