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Title: sleeping with an open sell order, anyone? Post by: Xiaoma on April 17, 2013, 12:04:21 PM Went to sleep last night, and forgot I had an open sell order for $75
Wake up this morning with Bitcoin at $85 and my precious coins are gone... so sad.. LOL Now I have to wait a lot until goes back to cheap coins so I can buy 'em back. Anyone else forgot open orders when going to sleep (I mean, not doing it on purpose) and lost opportunities? Title: Re: sleeping with an open sell order, anyone? Post by: Gabi on April 17, 2013, 12:12:51 PM Quote I have to wait a lot until goes back to cheap coins so I can buy 'em back. Implying it will go back to cheap coins :DTitle: Re: sleeping with an open sell order, anyone? Post by: massivebitman on April 17, 2013, 12:18:28 PM At least you would've made a profit. I went to sleep with old buy orders open during the crash. Freaking Mt. Shocks wouldn't let me cancel them.
Title: Re: sleeping with an open sell order, anyone? Post by: BitcoinAshley on April 17, 2013, 12:25:57 PM I can see us hitting the mid-70's again. The market is anything but confident right now - any attempt at a rally might be quite ragged.
Title: Re: sleeping with an open sell order, anyone? Post by: Xiaoma on April 17, 2013, 12:29:31 PM I didn't "lose" anything but an opportunity to have 10% more coins when I will buy cheaper. Nothing life changing, just mildly annoying.
My goal is to have more coins, not to cash out in old dollars. ;) Title: Re: sleeping with an open sell order, anyone? Post by: zvs on April 17, 2013, 12:42:43 PM i had a sell order at $70 that I (replaced) after I saw the "crack and snap" on tuesday morning (the break below 54, then immediate retrace). so then I moved it up to $80, which sold about 12hrs later
ed: i don't like leaving unmonitored buy/sells for bitcoins, price changes too much Title: Re: sleeping with an open sell order, anyone? Post by: Xiaoma on April 17, 2013, 03:35:27 PM lesson learned: login in all exchanges where you keep any value and check open orders before going to sleep :P
Title: Re: sleeping with an open sell order, anyone? Post by: Richy_T on April 17, 2013, 03:38:48 PM It all depends. If you are constantly changing your orders, you are chasing the market which will have mixed success. You want to be ahead of the market.
Title: Re: sleeping with an open sell order, anyone? Post by: Dacm4n on April 17, 2013, 03:49:30 PM Went to sleep last night, and forgot I had an open sell order for $75 I've learned to think long and hard about having any kind of order siting over night. I had sold out a few bitcoins before the crash a few days ago and planned to buy back in lower. Instead of waiting I put a buy order in at $140 that night and forgot about it. I was tired and knew I shouldn't have but I did it anyway. I woke up the next day and saw the price very low ($60) and got excited to buy the coins back then I logged in and saw that I had already bought at $140. I was not happy lol. Wake up this morning with Bitcoin at $85 and my precious coins are gone... so sad.. LOL Now I have to wait a lot until goes back to cheap coins so I can buy 'em back. Anyone else forgot open orders when going to sleep (I mean, not doing it on purpose) and lost opportunities? Title: Re: sleeping with an open sell order, anyone? Post by: drawingthesun on April 17, 2013, 03:59:02 PM I can sleep with a buy order open, but I can't sleep with a sell order, I just can't sleep. I am most comfortable when I have my Bitcoins, and If I am day trading, I am always a tad anxious until I have my coins back. Good thing I don't do that trading stuff often. Its hard to resist though with a market like this one.
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