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Bitcoin Forum > Economy > Economics > Speculation > IGNORANCE: Can you have your position auto-liquidate upon certain profit?
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Author Topic: IGNORANCE: Can you have your position auto-liquidate upon certain profit?  (Read 1125 times)
Jon (OP)
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February 13, 2012, 04:06:51 AM
 #1
The question is in the title. This is with Bitcoinica.
The Communists say, equal labour entitles man to equal enjoyment. No, equal labour does not entitle you to it, but equal enjoyment alone entitles you to equal enjoyment. Enjoy, then you are entitled to enjoyment. But, if you have laboured and let the enjoyment be taken from you, then – ‘it serves you right.’ If you take the enjoyment, it is your right.
RyNinDaCleM
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February 13, 2012, 04:09:36 AM
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Isn't that something a bucket shop does? Bitcoinica isn't supposed to be a bucket shop.  Roll Eyes

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trogdorjw73
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February 13, 2012, 04:10:54 AM
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Quote from: Boss on February 13, 2012, 04:06:51 AM
The question is in the title. This is with Bitcoinica.
You can set up a limit buy for when the price hits the desired profit. So if you have a sell order at $5.8 and you want to make $0.80 you can set a limit buy at $5.0.
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Jon (OP)
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February 13, 2012, 04:12:46 AM
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Quote from: trogdorjw73 on February 13, 2012, 04:10:54 AM
Quote from: Boss on February 13, 2012, 04:06:51 AM
The question is in the title. This is with Bitcoinica.
You can set up a limit buy for when the price hits the desired profit. So if you have a sell order at $5.8 and you want to make $0.80 you can set a limit buy at $5.0.
Alright, I questioned if that would work if I didn't have all of my balance in positions. Thanks.
The Communists say, equal labour entitles man to equal enjoyment. No, equal labour does not entitle you to it, but equal enjoyment alone entitles you to equal enjoyment. Enjoy, then you are entitled to enjoyment. But, if you have laboured and let the enjoyment be taken from you, then – ‘it serves you right.’ If you take the enjoyment, it is your right.
RyNinDaCleM
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February 13, 2012, 04:14:20 AM
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...or maybe I misunderstood.

I thought you meant a forced liquidation.  Tongue
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