Bitfinex

[fiaskow]

I've been trading on bitfinex since the day of the big sell off (actually discovered it that morning and moved some of the meagre amount BTC i own from mtgox to there). I find it fantastic because its a trading platform that provides rich trading options, unlike mtgox, which doesnt even have stop order functionality which i wanted to protect against the "bubble popping".

I managed to open a short position on BTC at $220 during the sell off to hedge my current BTC holdings which means i didnt have to sell my BTC on mtgox during the lag period. I still have all those BTC on mtgox.

[capoeira]

I've been trading on bitfinex since the day of the big sell off (actually discovered it that morning and moved some of the meagre amount BTC i own from mtgox to there). I find it fantastic because its a trading platform that provides rich trading options, unlike mtgox, which doesnt even have stop order functionality which i wanted to protect against the "bubble popping".

I managed to open a short position on BTC at $220 during the sell off to hedge my current BTC holdings which means i didnt have to sell my BTC on mtgox during the lag period. I still have all those BTC on mtgox.

interessting.....is this site safe?

to go short I have to have Bitcoins there, right? If I have Bitcoins there but no cash can I go long?

[joele]

I've been trading on bitfinex since the day of the big sell off (actually discovered it that morning and moved some of the meagre amount BTC i own from mtgox to there). I find it fantastic because its a trading platform that provides rich trading options, unlike mtgox, which doesnt even have stop order functionality which i wanted to protect against the "bubble popping".

I managed to open a short position on BTC at $220 during the sell off to hedge my current BTC holdings which means i didnt have to sell my BTC on mtgox during the lag period. I still have all those BTC on mtgox.

interessting.....is this site safe?

to go short I have to have Bitcoins there, right? If I have Bitcoins there but no cash can I go long?

Yes you can, they have USD loan when you go long.

[capoeira]

QUestions


1) If I set a limit order as a take profit and a stop order as stop loss. If one of them triggers will the other be canceled automaticly?


2) Margin Balance, Tradable Balance, Margin Requiered....would be helpfull to have those indicated as in Bitcoins as well. Especialy Tradable Balance, because it would automaticly indicate how much Bitcoins one could max. buy or sell.