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Economy => Trading Discussion => Topic started by: Maciek on November 10, 2013, 10:41:24 PM



Title: STOP LOSS ?
Post by: Maciek on November 10, 2013, 10:41:24 PM
Is there an exchanger who offers STOP LOSS ?



Title: Re: STOP LOSS ?
Post by: Gimmoroy on November 11, 2013, 01:56:48 AM
BTC-e in MT4 and Kraken

at least of my familiar


Title: Re: STOP LOSS ?
Post by: joesmoe2012 on November 11, 2013, 02:45:28 AM
BTC-e in MT4 and Kraken

at least of my familiar

And BitFinex


Title: Re: STOP LOSS ?
Post by: sickpig on November 19, 2013, 09:23:00 PM
Is there an exchanger who offers STOP LOSS ?



slightly OT what are the price on which a stop loss should trigger off? "executed" price or market price?

I'm asking because if the latter is valid then all that was needed to trigg the stop loss order is for the highest bid to suddenly drop, even if there was no actual trade related to this dip. So there might have been a flash crash in the bid even though there was no flash crash in executed price.

if the makert is still pretty low volume and has stop loss order based on market price, the highest bid can easily move a lot, especially on a volatile period like the ones we're in.


edit: fix typo/grammar


Title: Re: STOP LOSS ?
Post by: riddler on November 20, 2013, 02:19:49 AM
You can use BTX Trader. It supports Stop Limit orders for mt gox, bitstamp, btce and btcchina.

See this post on how to set it up (http://blog.btxtrader.com/post/67381472043/prevent-bitcoin-trading-losses-with-stop-limit-orders).

Disclosure: I wrote it.

Is there an exchanger who offers STOP LOSS ?



slightly OT what are the price on which a stop loss should trigger off? "executed" price or market price?

I'm asking because if the latter is valid then all that was needed to trigg the stop loss order is for the highest bid to suddenly drop, even if there was no actual trade related to this dip. So there might have been a flash crash in the bid even though there was no flash crash in executed price.

Since if the makerket is still pretty low volume and has stop loss order based on market price, the highest bid can easily move a lot, especially on a volatile period like the ones we're in.

In the case of BTX, it triggers off the last price which is a common choice.


Title: Re: STOP LOSS ?
Post by: sickpig on November 20, 2013, 09:15:56 AM
You can use BTX Trader. It supports Stop Limit orders for mt gox, bitstamp, btce and btcchina.

See this post on how to set it up (http://blog.btxtrader.com/post/67381472043/prevent-bitcoin-trading-losses-with-stop-limit-orders).

Disclosure: I wrote it.

Is there an exchanger who offers STOP LOSS ?



slightly OT what are the price on which a stop loss should trigger off? "executed" price or market price?

I'm asking because if the latter is valid then all that was needed to trigg the stop loss order is for the highest bid to suddenly drop, even if there was no actual trade related to this dip. So there might have been a flash crash in the bid even though there was no flash crash in executed price.

Since if the makerket is still pretty low volume and has stop loss order based on market price, the highest bid can easily move a lot, especially on a volatile period like the ones we're in.

In the case of BTX, it triggers off the last price which is a common choice.

I would give it a try but unfortunately I've no windows system at my disposal currently, anyway it seems a neat tool after a quick glance


Title: Re: STOP LOSS ?
Post by: joesmoe2012 on November 21, 2013, 02:14:10 AM
You can use BTX Trader. It supports Stop Limit orders for mt gox, bitstamp, btce and btcchina.

See this post on how to set it up (http://blog.btxtrader.com/post/67381472043/prevent-bitcoin-trading-losses-with-stop-limit-orders).

Disclosure: I wrote it.

Is there an exchanger who offers STOP LOSS ?



slightly OT what are the price on which a stop loss should trigger off? "executed" price or market price?

I'm asking because if the latter is valid then all that was needed to trigg the stop loss order is for the highest bid to suddenly drop, even if there was no actual trade related to this dip. So there might have been a flash crash in the bid even though there was no flash crash in executed price.

Since if the makerket is still pretty low volume and has stop loss order based on market price, the highest bid can easily move a lot, especially on a volatile period like the ones we're in.

In the case of BTX, it triggers off the last price which is a common choice.

I would give it a try but unfortunately I've no windows system at my disposal currently, anyway it seems a neat tool after a quick glance

Amazon offers free tier elgible AWS EC2 instances. Just sign up for one of them and run the software there. Another plus is that it's got better connectivity than your home connection, and its only job will be maintaing stop losses, so if you shut down your home computer or something it's still working away.



Title: Re: STOP LOSS ?
Post by: ninjaboon on December 20, 2013, 11:00:54 PM
Is there an exchanger who offers STOP LOSS ?



yes, btc.sx


Title: Re: STOP LOSS ?
Post by: Hodor_keeper_of_the_light on March 21, 2014, 07:20:23 PM
Is there an exchanger who offers STOP LOSS ?



yes, btc.sx

btc.sx is piece of crap. bunch of thieves.
Check this: https://bitcointalk.org/index.php?topic=524429