Like i was when I lost a bunch of money trying the broken trailing stop!)
Has that trailing stop ever been fixed? And regular stops occasionally working, but only when they feel like it.after my first go with it I haven't been brave enough to try it again.
As a general rule, I don't set stops. Too many ForEx brokers have been caught with bogus "liquidity squeezes" that result in artificial price spikes, set slippage, and other dirty tricks for me to mess with it. (see MetaTrader4 Virtual Dealer Plugin)
Since there is a distinct potential for low liquidity at Bitcoinica, I tend to not use Market orders unless I've watched the price bot for a good while, and know exactly what's happening. Getting hit with $0.10 of slippage on a market order hurts. When carefully executed in alignment with the price bot/real order depth, they work well. Since a stop executes a market order, unsupervised, I'm wary, and don't use. There's too much chance for spikes to stop you out, without any dirty tricks, that it seems it's just asking to give someone else your money
thankfully, I got a price inside the ask, and thankfully it did not exit my position, currently in negative profit zone.