follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here

Author Topic: Completely confused by Bitmex’s interface  (Read 897 times)

Offline ambar33n

  • Full Member
  • *
  • Activity: 278
  • points:
    1502
  • Karma: 3
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: July 15, 2018, 08:10:36 PM
    • View Profile

  • Total Badges: 11
    Badges: (View All)
    Topic Starter 100 Posts 50 Posts
Completely confused by Bitmex’s interface
« on: July 10, 2018, 06:17:42 PM »
I think I’ve made a mistake. Luckily, I only funded my account with a small amount to guard against this, but I’d like to figure out what’s going on.
I’m holding bitcoin. Noticing that the futures price was much lower than the spot price, I bought September XBT futures intending to hold until resolution and make a small profit compared to just holding bitcoin.
I bought using cross margin, and accidentally used 0.5x leverage instead of 1. I bought at 6020 and the price is now 5980. However, the “unrealized PNl” says -56%. Did I lose 60% of my investment? How?

Altcoins Talks - Cryptocurrency Forum

Completely confused by Bitmex’s interface
« on: July 10, 2018, 06:17:42 PM »

This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here


Offline Kiran Sehzadi

  • Jr. Member
  • *
  • Activity: 81
  • points:
    353
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: April 18, 2020, 08:07:28 AM
    • View Profile

  • Total Badges: 10
    Badges: (View All)
    Topic Starter 50 Posts 10 Posts
Re: Completely confused by Bitmex’s interface
« Reply #1 on: July 14, 2018, 11:02:29 AM »
when you use cross margin the pnl % always goes to extremes as if you had used high leverage


 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod