Trading on Gox

[gambit1]

Hi all

I've a problem when trading on mt gox. I need to know for what price Im buying and selling obviously. However, when I place market orders the price I get isn't always the price I see and this is misleading and has led to some bad trades. I need to know if I want to sell at £415, for example that all the coins will be sold at that price. However when I sell 1 coin might be sold for £415 and then the next for £400 ect. Is there a way to make trading more accurate?

Thanks

[ZooKeeper74]

 I wouldnt trust any automated trading on gox. But a market order would mean current market price, which fluctuates, correct?

[gambit1]

Possibly. There's two types; market order and limit order.

This is what the website says.

To Sell Bitcoin, select Sell
You have two options: Limit Order or Market Order.

    Limit Order: You determine the local currency to Bitcoin price at which you want sell your Bitcoin. If your sale of Bitcoin in local currency is matched by a corresponding buy order, local currency funds will be transmitted to your account. For example if you want to receive JPY 100 at a price of 50JPY: 1BTC you will have to sell 2 Bitcoin.
    Market Order: the rate at which you receive JPY in exchange for Bitcoin is determined by the current market price. So if the current market rate is 50 JPY/BTC and you would like to get JPY 100 in return then you need to sell 2 Bitcoin.

Neither seem to suggest that the price you see will be the price you get.

Can anyone help?

[joesmoe2012]

With a limit order, you will always get at least the price you set (for sales) and you will buy for at most the value you that you set.

[gambit1]

Thanks