To anyone that is adding to the OP, I thank you for it, but this is just an introduction towards what they could expect towards margin trading and what to have them look for, but anyways, it's great to see suggestions that could bring more focus and in detail.
You might want to add that shorting on Bitmex actually carries out less risk compared to going long, the risk is a bit lower but can be significant. Here is a table showing this:
I didn't know that there's a big difference to what could happen if you are in a Short or Long position in terms of liquidation, thanks for your information.
Dude, that is only some points that superficially describe what is margin trading. That thing can't be called "a complete guide to margin trading". It looks more like an intro for complete guide.
Maybe a change in title could suffice, thanks for pointing it out. The introduction could be the best thing to say.
You should also be using limit orders whenever possible on Bitmex, because market orders have a 0.075% fee tied to them that is applied to your entire leveraged position, and you actually get a fee rebate of 0.025% for using limit orders. This doesn't sound like a lot, but fees add up very quickly and you want to make sure fees are at a minimum whenever you're trading.
That's why there are "Post-Only" options that could really benefit you in the long run, making sure that you are market-making and preventing additional fees towards that could lessen your profits. A good thing to point out.
I would like to add a list of some Exchanges that have Margin Trading.
~snip
I have only tried BitMex in regards to margin trading. I haven't used my Bitfinex account and the Huobi Margin Trading. For Poloniex, I have only used the normal trading there.
Do you have any idea for eFintech.life which provides macro-level arbitrage?Thank you in advance!
I don't know that but I am using an Arbitrage bot, you could see my thread
here and services thread
here
