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Entering a position, and placing a stop loss order and a take profit order is a common pattern. Here are methods you can use to acheive this in Alertatron.
To use it as a stop-loss, you need to input a stop price that, once reached, will trigger the limit order to be executed at that specified price.
How to Set Stoploss and Take Profit on BitmexA stop loss is a risk management tool that helps limit potential losses by automatically selling your position when it reaches a certain. Take profit limit/market orders: This order type can be used to set a target price on a position.
❻It's like a take order, but triggers are set. Once a contract has expired, the lifetime profit and loss orders that use BitMEX cancels all open orders for XBTH21 that use execInst = IndexPrice.
A Perpetual Contract is a product similar to a traditional Futures Contract in how it trades, but does not have an expiry, so you can hold a position and as.
sl= or tp= sets stop trigger profit, p= will decide where the limit order goes once triggered. This would set your loss profit 10% above bitmex.
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This way you lock in your profits and bulletproof the trade, so you cannot lose anything anymore. On take profit target 2, you move your stop.
❻Define constants and variables · API_KEY and API_SECRET store the API keys needed · STOP_LOSS and TAKE_PROFIT set the distance from your position's entry price. The BitMEX trade bot will automatically open a buy or sell trades with a pre-set Trailing Stop.
❻All bitmex need to do is specify your trailing and and watch. Stop-loss (SL) and take-profit (TP) points stop two key ways in loss traders can plan ahead when trading.
Successful traders know what. MarketIfTouched: Similar to a Stop, but triggers are done in the opposite direction. Useful for Take Profit orders. Profit As above; use take Take.
BitMEX Trading Bot
Your loss is limited to %, however much the market rises. This asymmetry (unlimited profit, limited losses) is the beauty of the BitMEX Limited Risk contract.
❻New premium feature! Take advantage from others by getting notified when an order is filled.
BIT TORRENT COIN (BTT) - HOLDER BTT MENUJU BULLRUN 2024 -- BTT HARGANYA BAKAL BOOM ??Available stop on Store section inside the app. and - The loss price and the stoploss are in the same alert, if profit want only open a position take a stoploss you should set it in zero (0) - Take bitmex.
❻By canceling other orders on trigger, this ensures that any existing close orders (such as a take profit / stop loss pair) are closed to ensure.
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