How I use trailing stops on Bitmex to exploit pumps and dumps: an advanced Bitmex Leveraged trading and Stop Loss tutorial. This article is an edit of the transcript of this video about Bitmex leveraged trading which I made on Youtube, click here to view...
More
How I use trailing stops on Bitmex to exploit pumps and dumps: an advanced Bitmex Leveraged trading and Stop Loss tutorial. This article is an edit of the transcript of this video about Bitmex leveraged trading which I made on Youtube, click here to view it. The video explores the use of a trailing stop, a special type of Stop Loss on Bitmex when doing leveraged trading as well as other types of stop order, how to use them, the difference on setting them on a long and short and the types price trigger, amongst other things. Signup for Bitmex here: The trailing stop on Bitmex can be really useful because if used effectively you can (and I have done this quite a few times) to exploit pumps and dumps. A trailing stop will ensure that if price keeps on going up and up and up on a long, or down and down on a short, it will exit with a market stop order at the point that suddenly reverses by the amount you set (in the first example in the video this is 25). On a very steep, sharp move often
Less
