If I have 100 BTC in my Bitcoinica account..

[Omni]

If I have 100 BTC in my Bitcoinica account, and I am leveraged 2.5 to one, does that mean I place an order to sell 250 BTC?

[1715544084]

1715544084

[Omni]

Uhh what the fuck? Bitcoinica placed an order at $4.80 per Bitcoin even though I did a limited buy at $4.60.. I somehow just lost $50.00 instantly.

[Stephen Gornick]

Bitcoinica placed an order at $4.80 per Bitcoin even though I did a limited buy at $4.60.. I somehow just lost $50.00 instantly.

That pull-down for Order Type (e.g.,  Limit, Market) is easy to overlook.  Even though you have entered a number in the price field, if the Order Type is set to Market it will do a Market order.  That's probably what happened.

[amytron]

i hate it when that happens to me