Bitcoinica - Advanced Bitcoin Trading Platform

[smickles]

Ok, in what way are the trailing stops supposed to move?

[1713477553]

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[1713477553]

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[zhoutong]

Ok, in what way are the trailing stops supposed to move?

It simply traces the extreme prices. If you set a trailing stop that's $0.5 away from the current price, then at any moment, it's $0.5 away from the highest/lowest price since the start of the order, until it's triggered.

[smickles]

Ok, in what way are the trailing stops supposed to move?

It simply traces the extreme prices. If you set a trailing stop that's $0.5 away from the current price, then at any moment, it's $0.5 away from the highest/lowest price since the start of the order, until it's triggered.

Then my trailing stop hasn't been moving. I placed it about an hour ago and it hasn't moved at all when it should have moved at least $0.05.

[netrin]

I think I should remove the PJAX now. It doesn't provide much benefit but it's always causing minor troubles, including SSL redirection problems.

I was considering looking into PJAX due to your use. Maybe you could just remove it from the login page? I've also been hit by the SSL redirect, but have figured out how to compensate.

The only other minor annoyance, is the sorting... 4.2, 4.24, 4.22, 4.1, 4.18, 4.16, 4.14, 4.12, 4.08, which I've solved by always setting slightly not-round limits 4.199 or 4.201, for example.

Ok, in what way are the trailing stops supposed to move?

If you set a SELL trailing stop at $3.8 and the market moves UP, then your trailing stop will move up. But the trailing stop will not move if the market moves down. Reverse all that for BUY trailing stops.

Smickles, has the price moved ABOVE the price at the time you set the trailing stop?

It is working for me.

[smickles]

I think I should remove the PJAX now. It doesn't provide much benefit but it's always causing minor troubles, including SSL redirection problems.

I was considering looking into PJAX due to your use. Maybe you could just remove it from the login page? I've also been hit by the SSL redirect, but have figured out how to compensate.

The only other minor annoyance, is the sorting... 4.2, 4.24, 4.22, 4.1, 4.18, 4.16, 4.14, 4.12, 4.08, which I've solved by always setting slightly not-round limits 4.199 or 4.201, for example.

Ok, in what way are the trailing stops supposed to move?

If you set a SELL trailing stop at $3.8 and the market moves UP, then your trailing stop will move up. But the trailing stop will not move if the market moves down. Reverse all that for BUY trailing stops.

Smickles, has the price moved ABOVE the price at the time you set the trailing stop?

It is working for me.

I should have specified /at what interval are trailing stops supposed to trail/

but it turns out that it is my mistake

I accidentally used a stop. 

[netrin]

I have a habit of setting stops/trailing and use BUY when I mean SELL or vise versa. I always just 'deal' with it as reversing the market order is more costly. It usually works to my advantage... except that one time...

Zhou, I do not think the trailing stops are working correctly.

My SELL stops are trailing too quickly/incorrectly. I set a SELL t-Stop at $3.8 an hour ago and it is up to $4.15 now, though the Mt. Gox market has only come down in that time.

[netrin]

... browser does not remember my Bitcoinica username and password whenever my session expires

remove the PJAX ... alternatives of implementation

Hi Zhou, seems to work now. Thanks. New question, what does the asterisk mean?

▲4.59871 SELL    ▼*4.7246 BUY

[notme]

... browser does not remember my Bitcoinica username and password whenever my session expires

remove the PJAX ... alternatives of implementation

Hi Zhou, seems to work now. Thanks. New question, what does the asterisk mean?

▲4.59871 SELL    ▼*4.7246 BUY

It means buying is restricted to shorts closing their position.

[teflone]

I just saw that too, on both sides...

[nrd525]

Could Bitcoinica work with multiple exchanges?  So you would automatically get the best rate (and possibly cut down on exchange rate fees and pass the savings on to the user)?

[smickles]

Could Bitcoinica work with multiple exchanges?  So you would automatically get the best rate (and possibly cut down on exchange rate fees and pass the savings on to the user)?

I'm sure it couls, but they haven't made it that way.

[netrin]

My SELL stops are trailing too quickly/incorrectly. I set a SELL t-Stop at $3.8 an hour ago and it is up to $4.15 now, though the Mt. Gox market has only come down in that time.

Zhou, I've done a number of experiments on this. It seems trailing stops are no longer working correctly. Sell-Stops continue to rise even if prices have not reached new peaks, somewhat like parabolic SAR, which is indeed interesting, but not as expected.

After getting bounced out of (liquidating) three trades already, I've just set a trailing stop at $4, it is now at $4.4 and I can see from charts.bitcoinica that the BUY price has only bounced around between $5.01 and $5.07 (04:20 UTC)....

The BUY price just (05:00 UTC) jumped .1 to $5.11, yet my trailing stop is .8 higher, all the way up to $4.83 (The SELL price has not moved more than .05 this entire time). I've just canceled the order to prevent losing another $50.

[zhoutong]

My SELL stops are trailing too quickly/incorrectly. I set a SELL t-Stop at $3.8 an hour ago and it is up to $4.15 now, though the Mt. Gox market has only come down in that time.

Zhou, I've done a number of experiments on this. It seems trailing stops are no longer working correctly. Sell-Stops continue to rise even if prices have not reached new peaks, somewhat like parabolic SAR, which is indeed interesting, but not as expected.

After getting bounced out of (liquidating) three trades already, I've just set a trailing stop at $4, it is now at $4.4 and I can see from charts.bitcoinica that the BUY price has only bounced around between $5.01 and $5.07 (04:20 UTC)....

The BUY price just (05:00 UTC) jumped .1 to $5.11, yet my trailing stop is .8 higher, all the way up to $4.83 (The SELL price has not moved more than .05 this entire time). I've just canceled the order to prevent losing another $50.

I'll check on this. Thank you for pointing out this issue!

[notme]

i dint read all the thread can anyone tell me what means the small number after the 4th digit ?

The 5th digit

[zhoutong]

i dint read all the thread can anyone tell me what means the small number after the 4th digit ?

The 5th digit

whats the point putting him like that ?

The second digit is important, so is the fourth. But we need to show 5 in total.

What's the best way to display them in a readable way? Here you go.

[pirateat40]

i dint read all the thread can anyone tell me what means the small number after the 4th digit ?

The 5th digit

whats the point putting him like that ?

The second digit is important, so is the fourth. But we need to show 5 in total.

What's the best way to display them in a readable way? Here you go.

Looks like I'm looking at a Exxon gas sign.

[zhoutong]

i dint read all the thread can anyone tell me what means the small number after the 4th digit ?

The 5th digit

whats the point putting him like that ?

The second digit is important, so is the fourth. But we need to show 5 in total.

What's the best way to display them in a readable way? Here you go.

Looks like I'm looking at a Exxon gas sign.

This?

[pirateat40]

i dint read all the thread can anyone tell me what means the small number after the 4th digit ?

The 5th digit

whats the point putting him like that ?

The second digit is important, so is the fourth. But we need to show 5 in total.

What's the best way to display them in a readable way? Here you go.

Looks like I'm looking at a Exxon gas sign.

This?

Yes but should look like this...


but with the numbers that matter... the two after the decimal.

[wangxinxi]

Since you don't have a good liquidity provider to hedge your unbalanced orders, probably you will lose a lot of money. Another point is the price gap between MT GOX and you is very good chance for arbitrage. You should be very careful.

[notme]

is me or bitcoinica is full of bears 

Bears have done well historically since bitcoinica opened.  That's starting to change though.