Hi there,
I'm getting pretty fed up with Bitmex. Their charts are very misleading.
Yesterday, I had a stop-loss @ 3756$
I had it in what should've been a safe place. That massive swing took place on the hour chart at 14:00, 14th march. Wiped me out, before bouncing right back up.
Now the bit that is really annoying is looking at the chart the price only went down as low as 3781$. My stop was 25$ below this, {about 0.7%}
My stop was fulfilled at 3770, 14$ above where i place it..
Additionally I managed to buy some at 3770, before the stop was hit seconds later. However - none of the charts show the price going this low. (buy included)
I'm very confused how I got stopped out like that... Looking at the other exchanges' charts that spike wouldn't have wiped out my stops over there...
I know the charts for bitmex don't show the true price. However as far as i'm aware the charts for other exchanges are accurate; coinbase, bitfinex, binance e.t.c.
So why over at bitmex did the price come down considerably further than other exchanges..?
Lost a fair bit as a result of this trade.
I've grabbed some screens of the charts involved, I had to keep them fairly big so you can see the text.
My stops are the purple line. As you can see - none of these exchanges are marked as hitting my stop. What's going on here..? I'm so confused.
BitmexCoinbaseBitstamp