Bitmax trading

[grgo69]

Hi,
I had 0.0951 XBT and then I entered 21st August short position with 600xbtusd with 5x laverage and 4th Sept my position was liquidated and my balance was 0.0793 XB. Isnt that strange?
Shouldt I loose almost all ?
I dont understand that 
Thanks, G

[karungbitcoin]

Can be the price was touched the stop loss so your open order closed, or your open order closed because there are timing duration for open order in Bitmex exchange. Just chek all that in your trading history.

[buonty563]

Founded in 2014, in Hong Kong, BitMex is another trading platform. So, what is the difference with other money you might choose?
The Bitcoin Mercantile Exchange (BitMEX) is one of the main exchanges out there. This allows trade margins and is not regulated. Therefore, you can only use Bitcoin and not by using ordinary currencies.

[charlotte04]

Hi,
I had 0.0951 XBT and then I entered 21st August short position with 600xbtusd with 5x laverage and 4th Sept my position was liquidated and my balance was 0.0793 XB. Isnt that strange?
Shouldt I loose almost all ?
I dont understand that 
Thanks, G

It really depends on what leverage did you use. And for only 600XBT? That was too low bro. Aren't you happy because you weren't liquidated?

[grgo69]

I was liquidated. I got email and also I can see on trading history:

"XBTUSD Position Details

Side   Qty   Lev.   Mark Price   Liq. Price
Short   600   5x   7376.5   ≥ 7375.5
You were short 600 contracts of XBTUSD at 5x leverage. With 0.5% Maintenance Margin, your liquidation price was 7375.5 and your bankruptcy price was 7424.0 (i.e. 0% margin).

At the time of liquidation (Tue, 04 Sep 2018 12:03:55 GMT), the price of the .BXBT Index rose to 7376.25. The contract you were trading, XBTUSD, had a Mark Price of 7376.5, which is based on this index.

"

charlotte04 it doesnt make sense. I want to understand because some other trades where I had roi230% I made profit just like roi was 40%

I am contacting support but they are just sending me some copy/paste stuff