What is Reverse Copy Trading on BitMEX?

Copy Trading offers incredible opportunities, allowing Copiers to effortlessly mirror profitable moves and Copy Leaders to earn a share of the profits.

However, even the most experienced traders don’t always call the market perfectly. During periods of extreme volatility or unexpected shifts, a leader’s win rate can naturally decline. This raises a crucial question: What if you had a tool to leverage your own market conviction, even when it diverges from the consensus?

BitMEX’s unique Reverse Copy Trading feature allows you to automatically take the opposite position – in other words, to bet against – a Copy Leader’s move. This introduces a powerful new dimension to how you can potentially profit on BitMEX’s Copy Trading platform. 

It’s more than just mirroring; it’s about strategic control.

What is Reverse Copy Trading on BitMEX?

On the BitMEX Copy Trading platform, when you choose a Copy Leader, you now have the option to either ‘Copy’ their strategy or ‘Reverse Copy’ it. 

• Copy: You will automatically open and close your positions on the same side and direction as your chosen Copy Leader. If the Copy Leader opens a long BTCUSDT position, your account will also take a long BTCUSDT position (proportionate to your allocated balance).
• Reverse Copy: You will automatically open and close your positions on the opposite side and direction of your chosen Copy Leader. If the Copy Leader opens a long BTCUSDT position, your account will automatically open a short BTCUSDT position instead, and vice-versa.

Note: Your position closes when your Take Profit/Stop Loss is hit, OR if the Copy Leader closes their trade before that.

The Potential of Reverse Trading for Copiers

Reverse Copy Trading unlocks new strategic dimensions for your portfolio. This powerful feature allows you to capitalise on your own market insights by automatically trading against a leader’s position, providing opportunities even when a leader’s trade isn’t profitable for them.

• Strategic Flexibility: If you anticipate an opposing market move or believe a leader’s specific trade might go against the trend, Reverse Copy Trading allows you to align with your own conviction.
• Capitalise on Disagreement: Profit by betting against a leader’s moves when your analysis suggests a different outcome, providing opportunities even when a leader’s trade isn’t profitable for them.
• Enhanced Control: This feature enables greater personalisation and improved strategic management within your copy trading portfolio. In the volatile crypto market, Reverse Copy Trading allows traders to adapt to rapid market shifts, providing a strategic advantage.

The Potential of Reverse Trading for Copy Leaders

From a Copy Leader’s perspective, Reverse Trading can also bring unexpected benefits:

• Reduced Pressure: While Copy Leaders strive for profitability, the existence of Reverse Trading means some Copiers can still profit even when the leader takes a loss. This can subtly reduce the immense pressure to always be right, fostering more authentic trading.
• Diversified Earnings: Though leaders earn directly from their profitable copiers, the added dynamism of Reverse Trading could attract a broader range of users to the platform, indirectly benefiting the overall ecosystem for leaders.

Ready to Start Reverse Trading?

Head over to the Copy Trading Marketplace today to explore Copy Leaders and discover the power of Reverse Trading.

Looking for more information? We’ve got a range of educational resources to guide users through topics such as Copy Trading and more. You can find them under the Copy Trading section of this page. 

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In the meantime, if you have any questions please contact Support who are available 24/7.