How to use marjin trade?

BITMEX TUTORIAL

Margin trading in plain language
Margin trading is the method of conducting asset purchase/sale transactions (in our bitcoin example) using cash that is provided to the trader as a secured loan. The term “margin” itself means a pledge that a trader must provide to the exchange in order to receive a certain amount.
Leverage is borrowed funds that the exchange gives the user to buy bitcoins. But it is expressed in the form of a coefficient.

A long position is a position that a trader opens hoping to gain profit from market growth. The trader enters into an agreement to buy futures at a cheap price, waits for the price to rise, sells at a higher price, and thus profits from market growth.
A short position is a position that a trader opens hoping to make profit from a fall in the price of bitcoin. To do this, the trader takes bitcoin futures borrowed from a broker, sells them on the exchange at a higher price, waits for the futures price to fall, buys contracts at a price cheaper than he bought them, gives the loan back to the broker, and keeps as profit the difference between the expensive sale and the cheap purchase. Thus, the trader profits from market decline.

An example of derivatives trading short. BTC price at 10000, you enter short at that price with 5x leverage. When price falls to 9000 (10% fall) you make 10*5=50% profit 🤑

How to leverage trade on Bitmex?
Leverage trading on bitmex is easy. First you have to register on Bitmex and deposit some amount of coin. After the coins are confirmed, you can start trading with upto 100x leverage.

Bitmex allows upto 100x leverage so if you have 0.01 btc in your account, you can trade 1 bitcoin in a single trade.

If you think that the price is going to rise, you have to buy/long. If you think that the price is going to drop, you have to sell/short. Once you have opened a long or short position and your order is filled, you can see your positions in the open positions section. You can set a target price and click on close to set a limit buy/sell order to close your position on a certain price. You can also see the liquidation price along with the Profit and Loss percentage in the same row.

Keep in mind, leverage doesnt affect the profit percentage. It only affects the liquidation price and fees. If you are trading at 100x leverage, the liquidation price will be near and the trade is highly risky. Thats why you should always start with low leverages like 2x,3x,5x. Try never to trade above 20x leverage if you dont want to lose your precious coins which are kept as collateral by the platform.