Bitcoin Forum

Other => Beginners & Help => Topic started by: Omni on March 25, 2012, 12:50:16 PM



Title: If I have 100 BTC in my Bitcoinica account..
Post by: Omni on March 25, 2012, 12:50:16 PM
If I have 100 BTC in my Bitcoinica account, and I am leveraged 2.5 to one, does that mean I place an order to sell 250 BTC?


Title: Re: If I have 100 BTC in my Bitcoinica account..
Post by: Omni on March 25, 2012, 01:07:56 PM
Uhh what the fuck? Bitcoinica placed an order at $4.80 per Bitcoin even though I did a limited buy at $4.60.. I somehow just lost $50.00 instantly.


Title: Re: If I have 100 BTC in my Bitcoinica account..
Post by: Stephen Gornick on March 25, 2012, 04:26:59 PM
Bitcoinica placed an order at $4.80 per Bitcoin even though I did a limited buy at $4.60.. I somehow just lost $50.00 instantly.

That pull-down for Order Type (e.g.,  Limit, Market) is easy to overlook.  Even though you have entered a number in the price field, if the Order Type is set to Market it will do a Market order.  That's probably what happened.


Title: Re: If I have 100 BTC in my Bitcoinica account..
Post by: amytron on March 25, 2012, 05:53:08 PM
i hate it when that happens to me