Bitcoin Forum

Economy => Trading Discussion => Topic started by: MrAnderson on June 18, 2011, 01:38:29 AM



Title: Price drop, rises happen when I'm asleep! Any suggestions..(Automated programs?)
Post by: MrAnderson on June 18, 2011, 01:38:29 AM
Hi all,

For me the latest price drop from 20 to 16 to 13 happened at 3am (My time AEST) and I had no defence. I sold at 15.93 and was waiting with baited breath for it to drop. I went to bed at 2:30am.

Is there a program out there that automatically trades a certain amount if a trigger price is reached?

Cheers.


Title: Re: Price drop, rises happen when I'm asleep! Any suggestions..(Automated programs?)
Post by: FooDSt4mP on June 18, 2011, 01:41:43 AM
On MtGox, you can place an order and it will be filled when that price is reached.


Title: Re: Price drop, rises happen when I'm asleep! Any suggestions..(Automated programs?)
Post by: MrAnderson on June 18, 2011, 01:45:17 AM
On MtGox, you can place an order and it will be filled when that price is reached.

Where is this option?  ???


Title: Re: Price drop, rises happen when I'm asleep! Any suggestions..(Automated programs?)
Post by: cronopio on June 18, 2011, 03:47:09 AM
No there is not such program.

But with the actual API of Mtgox its relative easy made that program.

Im a n00b in trade. And I spend exactly what you. I buy when sleep at high price.


For now what I do is have open orders only if I see mtgoxlive.com

I'ma web developer, perhaps among some program and we could build such a tool among other could fund the first release.


Title: Re: Price drop, rises happen when I'm asleep! Any suggestions..(Automated programs?)
Post by: byronbb on June 18, 2011, 05:40:50 AM
When you want to enter a trade you can bid for any price you wish. So when you go to bed just put in an offer $5 below the current price.


Title: Re: Price drop, rises happen when I'm asleep! Any suggestions..(Automated programs?)
Post by: MrAnderson on June 18, 2011, 07:28:45 AM
When you want to enter a trade you can bid for any price you wish. So when you go to bed just put in an offer $5 below the current price.

Where is this option???

I only see a Buy at xxxx price.


Title: Re: Price drop, rises happen when I'm asleep! Any suggestions..(Automated programs?)
Post by: xDan on June 18, 2011, 11:22:27 AM
You can edit the "xxxx" to whatever price you want ;)


Title: Re: Price drop, rises happen when I'm asleep! Any suggestions..(Automated programs?)
Post by: MrAnderson on June 19, 2011, 05:00:40 AM
You can edit the "xxxx" to whatever price you want ;)

Thanks.


Title: Re: Price drop, rises happen when I'm asleep! Any suggestions..(Automated programs?)
Post by: Valalvax on June 19, 2011, 05:11:39 AM
Same with selling, if you set it to sell at 30 dollars, if it goes to 30 at 4 AM your time, you'll still sell it


Title: Re: Price drop, rises happen when I'm asleep! Any suggestions..(Automated programs?)
Post by: MrAnderson on June 19, 2011, 07:43:54 AM
Same with selling, if you set it to sell at 30 dollars, if it goes to 30 at 4 AM your time, you'll still sell it

Now all I have to do is actually get an email from Mt Gox resting my password, I've never received one.  :-[