Mexc Stop Limit Error ?

[Hector2022]

As you can see in the screen shots I set the stop limit for XRP to 0.6263 and for some reason it activated and sold when the price was actually around 0.6298 why did it do that ?
I'm new at this, but this is the first time I have seen it happen.  here is screen shot links


https://i.postimg.cc/mP2kZFZ9/xrp2.png
https://i.postimg.cc/zbYg0G5G/xrp3.png

[Publictalk792]

As you can see in the screen shots I set the stop limit for XRP to 0.6263 and for some reason it activated and sold when the price was actually around 0.6298 why did it do that ?
I'm new at this, but this is the first time I have seen it happen.  here is screen shot links

First of I am quoting you to show you screenshots. But your screenshots are totally blurry so I think you should take them again and then share it again.

Second about you question so keep in mind the crypto market is highly volatile and and prices can fluctuate rapidly. It is possible that the price of XRP dipped below your stop limit of 0.6263 triggering the automatic sell order. By the time the order was executed the price had already rebounded to 0.6298.

Not even Mexc I have experienced it in Binance and kucoin too. So don't worry this is a common thing particularly in crypto market.

[Gladitorcomeback]

As you can see in the screen shots I set the stop limit for XRP to 0.6263 and for some reason it activated and sold when the price was actually around 0.6298 why did it do that ?
I'm new at this, but this is the first time I have seen it happen. 

I cannot see in the screenshot because it's need microscope to read it properly and I not available with me currently. back to the question so as Publictalk mentioned already this is normal thing in crypto. Sometimes due to high volatility we will not be given times to observe properly and 1%-3% change in price occur in very short time and your stop loss/limit buying will hit in no time. Yesterday btc dumps little, due to which all altcoins including XRP price down in fast speed. I think this limit hit at that time.

[SquirrelJulietGarden]

As you can see in the screen shots I set the stop limit for XRP to 0.6263 and for some reason it activated and sold when the price was actually around 0.6298 why did it do that ?
I'm new at this, but this is the first time I have seen it happen.  here is screen shot links

It is the guide from MEXC
What is Stop-Limit order?

I don't know the chart screenshot is from MEXC. Did you take it from MEXC or from Trading view?

Sometimes it happens on exchanges and they will have many reasons to say sorry about that like price is just not displayed correctly, whatever reason. As a small user, you will not go hard to bring them to court and lawsuit so make sure you won't use leverage and lose money on centralized exchanges.

[_act_]

As you can see in the screen shots I set the stop limit for XRP to 0.6263 and for some reason it activated and sold when the price was actually around 0.6298 why did it do that ?
I'm new at this, but this is the first time I have seen it happen.  here is screen shot links

Your image is not clear at all.

You may use market order and think that it is limit order. Make a trade like that again and use little amount of money.

You can also contact Mexc customer care to find out what happened.

But I think the mistake will be from you.

[JeromeTash]

This is normal or "abnormal" in some exchange and trading pairs, especially if the market is volatile. In the recent days, XRP is known to have scam wicks that can trigger your stop limit order and get the order executed at a different market price.

Maybe this was the case… though you didn't present the problem well.

[TakeItEasy]

As you can see in the screen shots I set the stop limit for XRP to 0.6263 and for some reason it activated and sold when the price was actually around 0.6298 why did it do that ?
I'm new at this, but this is the first time I have seen it happen.  here is screen shot links

As in crypto the changing of prices is normal, even this is not a big change you are seeing the in the screenshots, even I had seen the fluctuations of the coins in the $. But I think you have only seen in some cents. As crypto is almost volatile so we cannot do anything if these prices fluctuates and changes in other prices. Same thing happens to me as mostly when I try to change the price of the  coin.
When I put a limit order then it had given me a loss even due to the fluctuation of prices. So, leave it if you can and better luck next time to watch through the coins when you have enough time.

[SquirrelJulietGarden]

This is normal or "abnormal" in some exchange and trading pairs, especially if the market is volatile. In the recent days, XRP is known to have scam wicks that can trigger your stop limit order and get the order executed at a different market price.

Maybe this was the case… though you didn't present the problem well.

If the position is in Spot, it is not a big issue because if the trend is bullish, you can buy again and enjoy a run. A trend is a friend, with Spot trading.

If it is a position in Margin, Futures, it will trigger very terrible loss. Liquidation will almost eat up major part of collateral so that it's hard to buy again and enjoy profit even the trend will continue to be bullish.

With small users, no way to complain and get money back. Their voices, complains through support tickets will be void and small users have no money to bring those cases to the court. Exchanges with too many 'bugs' like this will gradually self harm their reputation and they will lose customers with time. Many years ago, Poloniex lost their users this way to Bittrex then Binance in 2017.

[yhiaali3]

As most of the members pointed out above this is a common type of error due to severe market fluctuations, the price may have reached the point where the stop loss order was executed instantly and then went back up.

Perhaps the reason why the price at which it was executed is not clear on the chart is either because the time interval is too small to notice (it is possible that there is only one order), or there is a technical defect in the chart that did not cause the price to appear even though the order was executed.

Another possibility is that you are not using a price chart to exchange MEXC in which case the price at which the order was executed will not appear on the chart.

[Hector2022]

I don't understand why some here think the screen shots are Blurry, Do they need glasses? my 2 friends can see them perfectly

[rat03gopoh]

I don't understand why some here think the screen shots are Blurry, Do they need glasses? my 2 friends can see them perfectly

You and your friends are who need a magnifying glass or microscope because you took the wrong link your friend didn't correct it, you take the link in the thumbnail field instead of the image directly. Can you read your image quoted in the first reply above?

These are your fucking image links
https://i.postimg.cc/P51w4mBS/xrp2.png
https://i.postimg.cc/V6dWsJVn/xrp3.png

The date you highlight in your trading history is the date when you created the order, not the date when your order was executed. Look at 93 minutes after you created the order (13:39 on chart), the price touched the trigger price $0.6263.
btw, how long have you been trading?

[Hector2022]

I don't understand why some here think the screen shots are Blurry, Do they need glasses? my 2 friends can see them perfectly

You and your friends are who need a magnifying glass or microscope because you took the wrong link your friend didn't correct it, you take the link in the thumbnail field instead of the image directly. Can you read your image quoted in the first reply above?

Yes if you click on the image or link it enlarges the image so you can easily read it.

The date you highlight in your trading history is the date when you created the order, not the date when your order was executed. Look at 93 minutes after you created the order (13:39 on chart), the price touched the trigger price $0.6263.

Yes your right my mistake, after further investigation the date and time in the trading history was when I placed the order not when the order was executed. So The Mexc trading platform needs to change the way the History is displayed as it would confuse a lot of new traders.

btw, how long have you been trading?

Only a few weeks, But I did post this thread in the Beginners & Help section on this forum but a Moderator moved the thread to here.

[rat03gopoh]

Yes your right my mistake, after further investigation the date and time in the trading history was when I placed the order not when the order was executed. So The Mexc trading platform needs to change the way the History is displayed as it would confuse a lot of new traders.

It's not only on Mexc, it's also applied on almost all exchanges. The reason (imo), it is not possible to put executed dates in one field. Your orders may not be filled all at once, especially in large quantities, trading bots usually play with lots of small amount orders.