How to set up the Autotrader on BitMEX?

Setting an Autotrader on BitMEX starts with registering a trading account on the platform and requesting API keys. To get access to the bot you need to be a 4C-Trading paid member. The auto trading bot will then take you through the settings menu where you have the option of sticking with the recommended default settings or tweaking them to match your trading needs. Some of the factors that you can change here include the stop-loss strategy as well as the percentage of your position that liquidate at different target selling prices. You are then advised to check on your BitMEX Bitcoin balance using the bot to confirm that the interlink between the bot and your BitMEX was successful.