Bitcoin Forum

Economy => Trading Discussion => Topic started by: sachinh1980 on December 12, 2018, 06:03:45 PM



Title: Bitmex Sell Order
Post by: sachinh1980 on December 12, 2018, 06:03:45 PM
Hello,

I m holding a position of XRP on Bitmex. I had  entry Price of  0.00008601 with 20x leverage.
I set an sell Order of 500 XRP at the price of 0.00008860 and it got filled as showing below.


Quote
Symbol   Qty   Exec Qty   Remaining       Exec Price   Order Price   Value           Type
 XRPZ18    500      -500    0             0.00008860   0.00008860   -0.0443 XBT   Limit   

Why is the value in negative 0.0443 even though I have sold my XRP coins?  Can someone please explaing to me?

Please let me know if you require anymore information.

Thanks.

Regards,
Crypto newbie


Title: Re: Bitmex Sell Order
Post by: mattcode on December 12, 2018, 06:06:28 PM
You sold so the quantity is negative, therefore the value is also negative.


Title: Re: Bitmex Sell Order
Post by: sachinh1980 on December 12, 2018, 06:21:12 PM
Ok that makes sense but , I mean how much did I earn with this sell order? Where can I check that?


Title: Re: Bitmex Sell Order
Post by: Tytanowy Janusz on December 12, 2018, 06:26:24 PM
You need to take a look at same table but from filled buy order and compare value. But i dont know if fee is counted into this.


Title: Re: Bitmex Sell Order
Post by: sachinh1980 on December 12, 2018, 06:31:57 PM
Thats the Fill Order table what I shared .

Here is it again with my buy and sell XRP Orders

Quote
Fills
Symbol   Qty   Exec Qty   Remaining   Exec Price   Order Price   Value   Type   OrderID   Time
XRPZ18   500   -500   0   0.00008860   0.00008860   -0.0443 XBT   Limit   7a64310   Dec 12, 2018, 2:44:43 AM
XRPZ18   300   -300   0   0.00008710   0.00008710   -0.0261 XBT   Limit   b3c148e   Dec 11, 2018, 4:51:47 AM
XRPZ18   2300   2300   0   0.00008600   0.00008600   0.1978 XBT   Limit   d140613   Dec 10, 2018, 4:36:31 PM

2 sell orders have  negative values ..   I want to know how much I earn from these 2 sell orders.


Title: Re: Bitmex Sell Order
Post by: mattcode on December 12, 2018, 07:40:25 PM
Thats the Fill Order table what I shared .

Here is it again with my buy and sell XRP Orders

Quote
Fills
Symbol   Qty   Exec Qty   Remaining   Exec Price   Order Price   Value   Type   OrderID   Time
XRPZ18   500   -500   0   0.00008860   0.00008860   -0.0443 XBT   Limit   7a64310   Dec 12, 2018, 2:44:43 AM
XRPZ18   300   -300   0   0.00008710   0.00008710   -0.0261 XBT   Limit   b3c148e   Dec 11, 2018, 4:51:47 AM
XRPZ18   2300   2300   0   0.00008600   0.00008600   0.1978 XBT   Limit   d140613   Dec 10, 2018, 4:36:31 PM

2 sell orders have  negative values ..   I want to know how much I earn from these 2 sell orders.

Based only on the 700 XRP that you've sold, you've made 0.00163 BTC. If you didn't know that, you probably shouldn't be trying to trade  :-[


Title: Re: Bitmex Sell Order
Post by: enawati on March 05, 2019, 03:33:27 AM
If you want to make profit from sell order/shorting so entry price should be higher than sell limit price. And if you want to make profit from long potition, entry price should be below sell limit.