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Title: RIP Stop loss orders Post by: Anonymoose33 on April 16, 2016, 05:11:01 PM Well kids, this is why you shouldn't use Stop Loss order when playing in a manipulated market:
https://i.imgur.com/BqPeZk7.png Title: Re: RIP Stop loss orders Post by: kryptopojken on April 16, 2016, 05:35:21 PM Well kids, this is why you shouldn't use Stop Loss order when playing in a manipulated market: https://i.imgur.com/BqPeZk7.png wow...which exchange is this? Title: Re: RIP Stop loss orders Post by: maokoto on April 16, 2016, 05:56:04 PM Lol that move seems designed only to make stop loss order holders lose. Incredible. Never used this kind of orders in BTC.
Title: Re: RIP Stop loss orders Post by: Anonymoose33 on April 16, 2016, 06:13:50 PM Well kids, this is why you shouldn't use Stop Loss order when playing in a manipulated market: wow...which exchange is this? It was on BitStamp, looks like the trade has been taken off the chart now. Glad I grabbed a screenshot of it. Title: Re: RIP Stop loss orders Post by: richardsNY on April 16, 2016, 06:20:54 PM Well kids, this is why you shouldn't use Stop Loss order when playing in a manipulated market: wow...which exchange is this? It was on BitStamp, looks like the trade has been taken off the chart now. Glad I grabbed a screenshot of it. Why has Bitstamp removed this from their charts? Whales triggering stop loss orders is just normal trading behavior and not fraudulent at all. Maybe that it is done from a hacked Bitstamp account? I can't think of something else why Bitstamp removed it other than that as reason. Title: Re: RIP Stop loss orders Post by: RyNinDaCleM on April 16, 2016, 09:31:37 PM Well kids, this is why you shouldn't use Stop Loss order when playing in a manipulated market: wow...which exchange is this? It was on BitStamp, looks like the trade has been taken off the chart now. Glad I grabbed a screenshot of it. Why has Bitstamp removed this from their charts? Whales triggering stop loss orders is just normal trading behavior and not fraudulent at all. Maybe that it is done from a hacked Bitstamp account? I can't think of something else why Bitstamp removed it other than that as reason. A glitch in the reporting, perhaps? It has happened a few other times in the past with other exchanges. If it was a glitch, it was rightfully removed. I for one never use stop-loss orders. Bitcoin is far from being liquid enough to trust that a market order pushed through at or below said trigger price would be an acceptable means to limit losses. Title: Re: RIP Stop loss orders Post by: uki on April 16, 2016, 10:11:42 PM Well kids, this is why you shouldn't use Stop Loss order when playing in a manipulated market: wow...which exchange is this? It was on BitStamp, looks like the trade has been taken off the chart now. Glad I grabbed a screenshot of it. Why has Bitstamp removed this from their charts? Whales triggering stop loss orders is just normal trading behavior and not fraudulent at all. Maybe that it is done from a hacked Bitstamp account? I can't think of something else why Bitstamp removed it other than that as reason. A glitch in the reporting, perhaps? It has happened a few other times in the past with other exchanges. If it was a glitch, it was rightfully removed. I for one never use stop-loss orders. Bitcoin is far from being liquid enough to trust that a market order pushed through at or below said trigger price would be an acceptable means to limit losses. |
