[BETA]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 58.

unclescrooge

hero member

Activity: 868

Merit: 1000

Hello Ichthyo,

Right on spot! The javascript checker wasn't updating the rate properly, so if you was staying on the trading page during price move, the check was not accurate. That's corrected, no you won't get false warning like that.

Thanks for this

Hope last night trading session didn't exhausted you too much.
Raphael

Ichthyo

hero member

Activity: 602

Merit: 500

did some experiments.
Current rate 16.49

Set stop loss order at

16.20 -> warning
16.10 -> warning
16.09 -> no warning
16.00 -> no warning

Ichthyo

hero member

Activity: 602

Merit: 500

Quote from: myself on January 24, 2013, 09:51:45 PM

this order is designed to get you out of the market at set price in this example 8 and protect your 3 usd gains, so is working like intended no need to get a warning

OK, so in my case there was either some hickup with the rate feed and calculation, or there is some saftey margin worked into that warning function.

myself

legendary

Activity: 938

Merit: 1000

chaos is fun...…damental :)

Quote from: Ichthyo on January 24, 2013, 09:37:34 PM

Quote from: unclescrooge on January 24, 2013, 07:14:03 AM

Hi Polvos, hi everyone,

I added a javascript check on the trading page. Now, if you put a limit buy above the current price or limit sell below current price, you will have to confirm your order or cancel it. (and the other way for stop orders).

Thanks you and happy trading,
Raphael

looks like a good idea...

Is there some kind of headroom worked in?
E.g., right now the highest asks are at 16.18 -- when I try to add a stop loss order at 16.10, I get that warning "Are you sure to put a STOP SELL order above the ticker price?" -- when I use 15.10, then there is no warning. Is this how you intended it to work?

yes because stop sell is to sell bitcoins if the price goes down so is logical to do that

a easy example
1 buy 1 bitcoin at 5 usd
2 now the price is 10
3 you set a stop sell order at 8 usd

this order is designed to get you out of the market at set price in this example 8 and protect your 3 usd gains, so is working like intended no need to get a warning

Ichthyo

hero member

Activity: 602

Merit: 500

Quote from: unclescrooge on January 24, 2013, 07:14:03 AM

Hi Polvos, hi everyone,

I added a javascript check on the trading page. Now, if you put a limit buy above the current price or limit sell below current price, you will have to confirm your order or cancel it. (and the other way for stop orders).

Thanks you and happy trading,
Raphael

looks like a good idea...

Is there some kind of headroom worked in?
E.g., right now the highest asks are at 16.18 -- when I try to add a stop loss order at 16.10, I get that warning "Are you sure to put a STOP SELL order above the ticker price?" -- when I use 15.10, then there is no warning. Is this how you intended it to work?

unclescrooge

hero member

Activity: 868

Merit: 1000

Hi Polvos, hi everyone,

I added a javascript check on the trading page. Now, if you put a limit buy above the current price or limit sell below current price, you will have to confirm your order or cancel it. (and the other way for stop orders).

Thanks you and happy trading,
Raphael

Polvos

hero member

Activity: 597

Merit: 500

Yeah. It's a pain to learn the hard way Sad

Thank you for helping me. I will continue trading more carefully now.

I hope my mistake help others using your platform.

unclescrooge

hero member

Activity: 868

Merit: 1000

Hi Polvos,

Yes indeed, it's time for me to put a warning check when you place limit or stop orders at the "wrong" price.

In your case, if you were not executed at bid price, it's because they were limit buy orders waiting to be filled that got filled at 16 (you can see that because in your ledger entries the trading fees for this order of 28 btc is 0 (BFX fees).

You made 2 other users very happy, they bought bitcoins at 16 instead of 18.

In your case, because I feel there should be a warning in the case you put a wrong order, I'll reimburse you the trading fees of yesterday and today and half your loss (rounded up to 2 btc).

Best regards and thanks for your trust
Raphael

Polvos

hero member

Activity: 597

Merit: 500

I talked to the Bitfinex owner. He was very kind and helped me to understand my mistake.
Now here I must warn other noobs, like me, that want to start trading. Be careful pushing your orders!!!! And specially do not mislead limit with stop.

Polvos

hero member

Activity: 597

Merit: 500

Si, hablo español. Pero he posteado aquí para ver si me ayudaba más gente a entender en qué he metido la pata.

myself

legendary

Activity: 938

Merit: 1000

chaos is fun...…damental :)

it appears to me that you did short and lost 33USD
now is time to send a email to support because involves personal information so Ralph will check it and deal with this issue (is not good to post it on public forum personal info)

Quote from: Polvos on January 24, 2013, 01:19:20 AM

Maybe when I pressed the wrong button (limit.sell 28BTC at 16$) Bitfinex sold the 28 coins at that price and not to the nearest Bid prices?

if that's is true you sir did discover a bug(thx for reporting), Ralph is able to edit your position to the execution price and fix the bug

Polvos

hero member

Activity: 597

Merit: 500

Maybe when I pressed the wrong button (limit.sell 28BTC at 16$) Bitfinex sold the 28 coins at that price and not to the nearest Bid prices?

Polvos

hero member

Activity: 597

Merit: 500

Position #322 closed @ 18.151 on wallet trading       (debit)33.2534    (balance)-33.2534    about 2 hours ago

Position #322 swap on wallet trading       (debit)0.3073    (balance)-33.5606    about 2 hours ago

Settlement @ 18.151 on wallet trading     (debit)33.5606       (balance)0.0    about 2 hours ago

Position #331 closed @ 18.285 on wallet trading       (debit)0.0942    (balance)-0.0942    about 1 hour ago

Settlement @ 18.1791 on wallet trading    (debit)0.0942       (balance)0.0    about 1 hour ago

myself

legendary

Activity: 938

Merit: 1000

chaos is fun...…damental :)

Quote from: Polvos on January 24, 2013, 01:01:51 AM

Pushed a limit-sell at 16$ instead a stop-sell. But I still cant understand why did I lose all my earnings doing that.

1 did you check your wallets ?
2 go to History >>USD

btw: tu hablas español no ? (por el nombre en el foro) Grin

Polvos

hero member

Activity: 597

Merit: 500

Thanks. I think I found the problem.

I pressed the wrong button changing the stop loss. Embarrassed

Pushed a limit-sell at 16$ instead a stop-sell. But I still cant understand why did I lose all my earnings doing that.

myself

legendary

Activity: 938

Merit: 1000

chaos is fun...…damental :)

to check your orders go to History >> Order history or just click this link https://bitfinex.com/orders

look at your orders and check them under column type you will see what order did you made

myself

legendary

Activity: 938

Merit: 1000

chaos is fun...…damental :)

Quote from: Polvos on January 24, 2013, 12:43:55 AM

Hello traders.

Am I the only one having problems just now using Bitfinex?

imo you are confused hehe

Quote

Since yesterday, I was long in BTC there for about 27.5 BTC. Today I was earning about 20$ and suddenly, when i readjusted the stop loss (I had it in 15$ and moved it to 16$), my active position automatically jumped off and sold all the BTC.

hmmmm

Quote

But the money isn't in my wallet. My swap was about 0,1%. I wasn't even 1:1 leveraged, because I thought lenders were asking too much for the loans, So I don't know what the problem was.

if you did not use leverage and did not take loans you did not trade on margin is more likelly that you use the exchange market

what you need to do
1 check your wallets here https://bitfinex.com/managewallets
2 if still is not clear post here or contact support via email

Polvos

hero member

Activity: 597

Merit: 500

Hello traders.

Am I the only one having problems just now using Bitfinex?

Since yesterday, I was long in BTC there for about 27.5 BTC. Today I was earning about 20$ and suddenly, when i readjusted the stop loss (I had it in 15$ and moved it to 16$), my active position automatically jumped off and sold all the BTC.

But the money isn't in my wallet. My swap was about 0,1%. I wasn't even 1:1 leveraged, because I thought lenders were asking too much for the loans, So I don't know what the problem was.

myself

legendary

Activity: 938

Merit: 1000

chaos is fun...…damental :)

hello thread readers

I want to make a quick question/survey mostly because I have dozens of feature on paper for BitFineX and others in my head so the questions is how many of you will like to see insurance for active positions on BFX
tia

Grin

unclescrooge

hero member

Activity: 868

Merit: 1000

Quote from: Ichthyo on January 22, 2013, 09:44:10 PM

Quote from: unclescrooge on January 22, 2013, 07:05:37 AM

USD lenders are currently asking for very high rates, so make sure you do want to pay as high as over 1% per day before going long!

Thanks to all the new lending and borrowing features, we're now able to watch a lending market at work Grin

fascinating....

For the BTC economy, you've built something new here!

Hey, that's indeed quite fascinating, seeing the rates evolve with the bitcoin price. I love it

Thanks man!

Soon to come, variable interests rates. That will be of great interests for traders, because if interests goes up, that easily means their positions are profitable, while if the market goes against them, rates will go down adn they'll pay less in swap.

Topic: [BETA]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 58. (Read 137528 times)