Exchanges opens my orders with random amounts

FortuneFollower

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Quote from: shinratensei_ on December 04, 2024, 12:39:00 AM

are you sure you are using limit order because limit order will always be filled the exact same amount that you requested, or maybe not all of your order gets filled?

the fee imposed could also deduct your overall holding as well if you happen to use future trading because the second you opened position with leverage, you will get instant negative realized PnL sometime amounting to $2 with your order size as described.

other than that maybe it's possible that you're using stop market order where you will chase the price of the market.

Truly - if that's a limit order, things should be fine.
So, OP - recheck it and bring back the results. Please.

Findingnemo

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Quote from: david678345 on December 02, 2024, 07:12:59 AM

Lets say I open a first position for 10usd then second position I want to open is 20usd (while the first positio is still running)

I select 20 usd in the exchange for the second position and the exchange opens a position for 17 instead of 20 for example..

I am using limit orders and is not related to the minimum amount to be traded

I think you confused with the exchange balance valuation and valuation while buying and selling. The small difference occurs due to the volatile prices on the market book so let's say if you choose to sell x amount of coins at 91K instead of 92K then you will recieve less fiat but the trade will be executed instantaneously. So just make sure you enter the right price while buying and selling to reduce the amount closest possible value.

shinratensei_

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are you sure you are using limit order because limit order will always be filled the exact same amount that you requested, or maybe not all of your order gets filled?

the fee imposed could also deduct your overall holding as well if you happen to use future trading because the second you opened position with leverage, you will get instant negative realized PnL sometime amounting to $2 with your order size as described.

other than that maybe it's possible that you're using stop market order where you will chase the price of the market.

Perfectbaby

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Quote from: Oshosondy on December 02, 2024, 08:23:18 AM

An example is when I open $250 long position, I can see $247 instead. Do not worry about it. I do not know the reason exchanges make it like that though.

I have actually open an order at selling price of 95763 but before my order was concluded I noticed I had short the amount instead of me having $508, it ended up with $505 though want to close the order or I leave it for long time but was so much in haste to make some sales then I couldn't bear it and I finally push it at $505 instead waiting to have it at $509/10.

Fivestar4everMVP

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Quote from: Oshosondy on December 02, 2024, 08:23:18 AM

Quote from: david678345 on December 02, 2024, 07:12:59 AM

Lets say I open a first position for 10usd then second position I want to open is 20usd (while the first positio is still running)

I select 20 usd in the exchange for the second position and the exchange opens a position for 17 instead of 20 for example..

I am using limit orders and is not related to the minimum amount to be traded

This is how exchanges are. You will noticed that the amount you use to open a position is also changing. Sometimes it will increase and sometimes it will be decreasing but depending on if you are making money already or losing. You do not need to bother yourself about this. Just use an amount of money to open position and take note of your profit and loss, the trading fee and the funding fee after you close the position and use it to cekcjs

An example is when I open $250 long position, I can see $247 instead. Do not worry about it. I do not know the reason exchanges make it like that though.

I have actually experienced such a thing in the past when I was still very much active with futures trading, a couple of times I assumed that maybe the price of the asset I am opening a position on dropped a bit while the operation was going on, and with this, I never really paid attention any more..

I think the best thing to do is to find out from customer support why such a thing happens, it could turn out to be that the exchange takes fees for opening a position and also takes another fee when closing regardless of the outcome of the trade.
If then this be the case, then it's really shouldn't be, it's extortion in the highest order.

Oshosondy

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Quote from: david678345 on December 02, 2024, 07:12:59 AM

Lets say I open a first position for 10usd then second position I want to open is 20usd (while the first positio is still running)

I select 20 usd in the exchange for the second position and the exchange opens a position for 17 instead of 20 for example..

I am using limit orders and is not related to the minimum amount to be traded

This is how exchanges are. You will noticed that the amount you use to open a position is also changing. Sometimes it will increase and sometimes it will be decreasing but depending on if you are making money already or losing. You do not need to bother yourself about this. Just use an amount of money to open position and take note of your profit and loss, the trading fee and the funding fee after you close the position and use it to cekcjs

An example is when I open $250 long position, I can see $247 instead. Do not worry about it. I do not know the reason exchanges make it like that though.

david678345

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Lets say I open a first position for 10usd then second position I want to open is 20usd (while the first positio is still running)

I select 20 usd in the exchange for the second position and the exchange opens a position for 17 instead of 20 for example..

I am using limit orders and is not related to the minimum amount to be traded

maydna

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I don't know if I am wrong in this matter but it seems that is related to the minimum amount to be traded. Exchanges have a minimum amount to trade so traders must follow it and if he have funds to trade (enough funds to trade), he will gets the amount same as what he wants. But if not, exchanges will adjusts and raise the amount until it reach the minimum amount.

But you can open a second trade with the same amount like in the first trade. I use this to anticipate if the price is down for a little. But you need to explain more including using screenshot so we know what you mean.

FortuneFollower

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Quote from: goldkingcoiner on December 02, 2024, 06:11:28 AM

Quote from: david678345 on December 02, 2024, 06:09:26 AM

I am using a strategy where for example the second position I open is double the first position (is just an example)....

I have tried different cryptocurrency exchanges but they open my order with a different amount than the one I had chosen...

do you guys know any cryptocurrency exchange that opens my orders exactly with the amount I choose?

I am not sure I get what you mean...

Do you have any screenshots? Maybe that would help me understand better what you are talking about?

Are you using limit orders or stop orders?

Didn't understand OP too, from the first glance at it - it looks like he wants to open the first position and then the second one with the same amount of funds for it - but simultaneously.

goldkingcoiner

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Quote from: david678345 on December 02, 2024, 06:09:26 AM

I am using a strategy where for example the second position I open is double the first position (is just an example)....

I have tried different cryptocurrency exchanges but they open my order with a different amount than the one I had chosen...

do you guys know any cryptocurrency exchange that opens my orders exactly with the amount I choose?

I am not sure I get what you mean...

Do you have any screenshots? Maybe that would help me understand better what you are talking about?

Are you using limit orders or stop orders?

david678345

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I am using a strategy where for example the second position I open is double the first position (is just an example)....

I have tried different cryptocurrency exchanges but they open my order with a different amount than the one I had chosen...

do you guys know any cryptocurrency exchange that opens my orders exactly with the amount I choose?

Topic: Exchanges opens my orders with random amounts (Read 114 times)