So... I put a stop a 2.8
Then the huge selloff happened, and my actual buys happened at 2.5 for a MASSIVE loss.
How I prevent stuff like that from happening again?
Then the huge selloff happened, and my actual buys happened at 2.5 for a MASSIVE loss.
How I prevent stuff like that from happening again?
Think of a stop orders carry an inherent risk that someone will run the stops, I've been talking about this for a while.
Stop orders on volatile exchanges are pretty much a guaranteed way to lose.
You're correct, but Bitcoinica doesn't publicize its order book. So running the stops most likely will be unintentional instead of targeted.
