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Title: Open oder not executed Post by: JohnUser on March 05, 2017, 10:53:22 AM Hello,
I did an open order at $1230 on 3/03 but it was not executed when btc drop to this price the 4/04 (on bitstamp) I would like to know if this happen often ? Maybe bots have trouble when its a price only a few seconds ? Or something else i don't get. Thanks for help. Title: Re: Open oder not executed Post by: ~Bitcoin~ on March 05, 2017, 11:52:14 AM Looking at chart https://bitcoinwisdom.com/markets/bitstamp/btcusd
Price have touched 1230$ exactly but i think your orders were piled after another order at same price level. And there may not have been enough sells to execute your orders. Title: Re: Open oder not executed Post by: JohnUser on March 05, 2017, 12:09:53 PM Thank you for your answer.
Yes it was exactly 1230$. Not a big deal but i try to understand. If my order come after another one does it mean they did their order before me ? Or is it random ? Another reason could it be that bigger customers come first ? (of course i have open a ticket on bitstamp and will see what they tell me, but I'm not sure they will say the true). Title: Re: Open oder not executed Post by: talkbitcoin on March 05, 2017, 12:11:12 PM as ~Bitcoin~ explained when you open up an order it goes into a queue which is like a line of customers one after another. in your case you got unlucky because there were more people (orders if front of you).
it looked like this: in the orderbook: Vol=900BTC price=$1230.0 in reality: 1. 1BTC price=$1230.0 2. 25BTC price=$1230.0 3. 0.1BTC price=$1230.0 4. 0.9BTC price=$1230.0 5. 100BTC price=$1230.0 6. 693BTC price=$1230.0 7. 10BTC price=$1230.0 8. your order price=$1230.0 9. 20BTC price=$1230.0 multiple trades sold bitcoin to this orderbook in total of 820BTC in the queue orders from 1 to end of 6 were filled and orders from 7 to the end remained. Title: Re: Open oder not executed Post by: JohnUser on March 05, 2017, 12:21:34 PM FIFO if I understand (first in first out).
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