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Date/Time: Thu, 18 Apr 2024 09:03:43 +0000



Post From: When use sierrachart to trade with Bitmex, the balance of account is not correct.

[2020-02-01 22:36:23]
bradh - Posts: 853
When I trade XBTUSD with Bitmex using sierrachart, it shows the account cash balance as 9567225.00 and Account Value as 9526780.00. But I only deposit 0.1 xbt on my account. it seems not showing correctly. Without the correct balance, the trader usually will not open his position with correct size.

my question is :

What is the unit of that cash balance?


The balance you see in Sierra appears to be in Satoshis (a hundred millionth of a Bitcoin). 9,567,225 Satoshis is 0.09567225 XBT which rounds to 0.1 XBT.

I haven't found any confirmation of this other than doing some test trades in Sierra Chart with BitMex TestNet, trading various amounts of XBT-USDT. It makes sense that you can trade as low as one Satoshi, the smallest amount possible.

Is there any way I could change it by myself? At same time, how I could limit my openning size of the position.
It would be nice if we could enter a multiplier so we can deal in smaller numbers of Sierra contracts.