Hello I was scalping and I had a take profit order in my exchange to sell bitcoin when it reached 24448. And today at 14.13 tradingview was telling me that bitcoin was 24450..but the take profit operation was not performed in my platform..what could be the reason?
Maybe it was just a glitch or ordered has been performed but delayed on notification? Sometime the problem is on exchange when you set an order and it was not executed, at the time we could rip off that profit pretty well. It happened to me on Future/leverage before that its not executed and I am so furious since the price changed so fast and the profits gone because of the system error. 
Topic: I am losing money because take profit orders are not working. - page 2. (Read 549 times)
I was scalping and I had a take profit order in my exchange to sell bitcoin when it reached 24448. And today at 14.13 tradingview was telling me that bitcoin was 24450..but the take profit operation was not performed in my platform..what could be the reason?
I had this problem with a trading bot before. I remember very clearly that I was making good decisions to buy and sell something at certain levels and gave the right orders but I think I wasn't using the bot right. If I was online and did the trades myself, I was doing very well but since it was a bot that I told to make those moves, it didn't do it exactly like how I asked it to do and that is why I failed to make any profit and even made some losses.Sometimes, we may have all the good intentions and even know what we are doing and make profitable decisions but if we do not know what we are doing correctly then it is going to be creating a little bit of a problem.
Hello I was scalping and I had a take profit order in my exchange to sell bitcoin when it reached 24448. And today at 14.13 tradingview was telling me that bitcoin was 24450..but the take profit operation was not performed in my platform..what could be the reason?
That's why you need to cross check before you could perform any transaction, because i noticed that the place the transaction took place is not a reliable exchanges. It should be all this scam exchange platform, because before you performed a transaction you will see the rate of the transaction before you could click continue. I will say the fault is from you because you did not notice the rate of the transaction before you start anything.But if you are aware that it has delayed the update, then probably you can adjust the transaction that you have placed.
However, all their advice was right and I think OP should give us an update here since OP did not come back after posted this thread, possible we can give him another advice.
Hello I was scalping and I had a take profit order in my exchange to sell bitcoin when it reached 24448. And today at 14.13 tradingview was telling me that bitcoin was 24450..but the take profit operation was not performed in my platform..what could be the reason?
That's why you need to cross check before you could perform any transaction, because i noticed that the place the transaction took place is not a reliable exchanges. It should be all this scam exchange platform, because before you performed a transaction you will see the rate of the transaction before you could click continue. I will say the fault is from you because you did not notice the rate of the transaction before you start anything.
Hello I was scalping and I had a take profit order in my exchange to sell bitcoin when it reached 24448. And today at 14.13 tradingview was telling me that bitcoin was 24450..but the take profit operation was not performed in my platform..what could be the reason?
It happened because
A- your exchange is scamming you
B- every exchange has a unique price. Just because you see a certain price at trading view, it don’t mean that btc actually hit that price on your exchange.
Have checked the charts in your platform? Did btc really hit 24450 there? Let me guess… it didn’t.
you are trading on which he might not able to check it out if the price hits up the point or not which is obviously the case thats why @OP you should check out on the price
on where you are trading at and not on other external sites or reference ones which would really be that different or not totally the same.
Take profit orders should be triggered out once the price hits up and if it doesnt then you are indeed dealing with a scam platform.
There are some reasons.
1. Trading works in a mechanism like. If you want to sell something in a specific price someone also have to buy this in that price. In this case i think there are not enough buy orders. Its a reason
2. You are using a normal exchanger that is not much popular or that have bugs.
3. There are also some price difference between exchangers. you need to check specifically.
1. Trading works in a mechanism like. If you want to sell something in a specific price someone also have to buy this in that price. In this case i think there are not enough buy orders. Its a reason
2. You are using a normal exchanger that is not much popular or that have bugs.
3. There are also some price difference between exchangers. you need to check specifically.
This reminds me that I had this problem on many occasions, whenever the price reached where I wanted to take profits, I did not take it but followed it without skipping anything, so that is where I understood that in reality I did not know how to use the exchange, and therefore More than placing the orders, he always lost, because many times what he did after touching the take profit and not taking profits, the price went down and he lost.
To avoid this I had to start trading with fictitious money and the same thing happened to me, that's where I had to learn how the system worked, the trigger, and all the Exchange tools, that's the only way I learned.
I do agree that sometimes exchanges could be complicated and people have hard time checking it out. I mean let's face it, there are so many things to do that we wouldn't be able to get it cleared in our heads and know everything in detail that quickly. It always takes time to realize what's what and that's going to be the key factor. To avoid this I had to start trading with fictitious money and the same thing happened to me, that's where I had to learn how the system worked, the trigger, and all the Exchange tools, that's the only way I learned.
I personally feel like there is a good chance that we shouldn't be trying to use anything that we are not 100% certain about, and that is why I believe that we are going to end up with something that is fairly big loss if we ever do that, and if we only stick with what we know, then it will be a lot better results for sure.
Happened to my friend too, cost him money, asks support, they shrug off saying 'technical difficulties'.
This reminds me that I had this problem on many occasions, whenever the price reached where I wanted to take profits, I did not take it but followed it without skipping anything, so that is where I understood that in reality I did not know how to use the exchange, and therefore More than placing the orders, he always lost, because many times what he did after touching the take profit and not taking profits, the price went down and he lost.
To avoid this I had to start trading with fictitious money and the same thing happened to me, that's where I had to learn how the system worked, the trigger, and all the Exchange tools, that's the only way I learned.
To avoid this I had to start trading with fictitious money and the same thing happened to me, that's where I had to learn how the system worked, the trigger, and all the Exchange tools, that's the only way I learned.
What I see from this OP is you have based the trading view, not on your exchange, that for sure it was not the same. But it was not surprising knowing that it was obviously the set price doesn't hit yet, because if that already happens, profit will reflect on your wallet and it appears no active trades. But as you can see, nothing happens it means that it was not yet sold at the specific price.
You are somewhat got fool by the apps you have used or that might the exchanges deny the sell input you have made, or you have mistaken to input the price. There's a lot of factors making this happen and you have to find it out.
You are somewhat got fool by the apps you have used or that might the exchanges deny the sell input you have made, or you have mistaken to input the price. There's a lot of factors making this happen and you have to find it out.
Hello I was scalping and I had a take profit order in my exchange to sell bitcoin when it reached 24448. And today at 14.13 tradingview was telling me that bitcoin was 24450..but the take profit operation was not performed in my platform..what could be the reason?
You used your exchange account to open position, you will use your exchange account for price tracking as well. Tradigview can help, but very possible the price are slightly different.It would have been better if you use the price of your exchange for that. To know more about this, check the time of the day in minutes when Tradingview indicated the price of bitcoin to be $24450, open the candle stick chart on your exchange account, check the highest price around that time on your exchange account.
What most likely happened was that the price on Tradingview is slightly different from the price on your exchange and the price on your exchange did not get to $24448 which is the price the position suppose to close.
To me i feel stop loss while scalping is risky because prices will always want to retrace a little before moving in its supposed direction. For me while you do a review on the exchange you use you should also check the strategy you use in scalping. Do just follow prices or you have a specific timing on when to place your trades. Scalping is a fast way to make small profit but also a fast way to make huge losses especially when trdaing against the trend
Hello I was scalping and I had a take profit order in my exchange to sell bitcoin when it reached 24448. And today at 14.13 tradingview was telling me that bitcoin was 24450..but the take profit operation was not performed in my platform..what could be the reason?
It depends on the exchange you are using, Your exchange might not hit that exact 24448 price that's why it didn't trigger the take profit operation. That's my wild guess unless the exchange you are using is shady and not allowing people to take profit at the price you set in. As far as I know trading view uses 8 major exchange to compute the average price on the cryptocurrency like bitcoin and ethereum. The advice I can give is to check you exchange account and the pair you are trading if it hits your take profit. 
Hello I was scalping and I had a take profit order in my exchange to sell bitcoin when it reached 24448. And today at 14.13 tradingview was telling me that bitcoin was 24450..but the take profit operation was not performed in my platform..what could be the reason?
Any update with this one? Did you double check the details of your cashing out? You should be able to sell and take profit since you’re just scalping and you trade within that day, I wonder why selling button is not working better to call the support and ask if there is something wrong with the exchange. Don’t panic yet, this might be an error only on your end so try to re-sell and take that profit in you.
Hello I was scalping and I had a take profit order in my exchange to sell bitcoin when it reached 24448. And today at 14.13 tradingview was telling me that bitcoin was 24450..but the take profit operation was not performed in my platform..what could be the reason?
There are simply too many reasons for this, maybe you made a mistake when you set up your order, the exchange could be scamming you, your price target while achieved on average in the majority of the exchanges was not reached on the exchange that you are using, there was a bug and your order was not executed correctly, and those are the reasons that come up to my head as there could be way more than them, so unless you are way more specific about what happened it is going to be very difficult to know why the order was not executed and you lost money because of it.
Most likely he wasn’t scammed but on his exchange price didn’t hit his limit order. With crypto there can be sometimes $50 spreads between exchanges especially during pivots. Usually when price hits a pivot it’s hitting stop losses and it varies between exchanges, that’s why on a normal day the price is similar with most exchanges but the daily low or high can vary greatly.
It’s sometimes sucks because you were so close in selling but a couple dollars off from taking profit and trade reverses. It happens, just wait and maybe Bitcoin will go higher and hit your order finally.
It’s sometimes sucks because you were so close in selling but a couple dollars off from taking profit and trade reverses. It happens, just wait and maybe Bitcoin will go higher and hit your order finally.
Hello I was scalping and I had a take profit order in my exchange to sell bitcoin when it reached 24448. And today at 14.13 tradingview was telling me that bitcoin was 24450..but the take profit operation was not performed in my platform..what could be the reason?
It happened because A- your exchange is scamming you
B- every exchange has a unique price. Just because you see a certain price at trading view, it don’t mean that btc actually hit that price on your exchange.
Have checked the charts in your platform? Did btc really hit 24450 there? Let me guess… it didn’t.
Another is maybe there is only a delay that happened with them that time if this was the first time the op experienced this but I think they should come up with a statement in regards to the issue and maybe do some little compensation only to calm down their traders and to keep them on patronizing the exchange site.
Either you probably made a mistake with the take profit order, or it wasn't triggered, especially if the price spike to $24450 was in a flash. Please try to specify more how the TP order was set up. Another option would be to contact support to get a helpful response.
Secondly, you haven't told us if you were using spot or futures market
I think you are right, the problem might be from you maybe you made a mistake when setting the take profit order because it once happened to me.Secondly, you haven't told us if you were using spot or futures market
You didn't mention the exchange that you are using to trade maybe it's not a reputable crypto Exchanges. Also different exchange are having different prices, maybe on the exchange which you set your take profit, maybe bitcoin did not get to the price on the exchange.
If you think you didn't make mistake, you traded on a Reputable exchange and bitcoin price hit your take profit price, then contact the support just the way other members instructed.
Hello I was scalping and I had a take profit order in my exchange to sell bitcoin when it reached 24448. And today at 14.13 tradingview was telling me that bitcoin was 24450..but the take profit operation was not performed in my platform..what could be the reason?
You must double-check it from your exchange account. Tradingview is working with API from Binance or other exchanges so for sure there are some lapses here especially when prices are volatile.You can also check from your exchange account about what type of order your take profit order is, is it a market order or a limit order? Because if it's market order for sure it will be triggered and sell/buy the order, but if limit order, there could be a spike on price and your order didn't trigger.
Hello I was scalping and I had a take profit order in my exchange to sell bitcoin when it reached 24448. And today at 14.13 tradingview was telling me that bitcoin was 24450..but the take profit operation was not performed in my platform..what could be the reason?
I think you choose with bad reputation exchange market, usually different several points like your cases order should be filled and all your selling bitcoin assets have been sold, except if you sell on $24448 but higher price reaching stuck on $24448 if not sold out not matter, but higher price reaching above $24450 and less $2 reaching up should your order have been completed. I think be aware with your exchange trading, but the way what kinds of exchange market do you use and until your selling order not filled complete? I saw you really got problem with exchange market because your order price have been reached but still not sold. Jump to: