Topic: No trade too small (6 BTC) for 'them' to come after. - page 2. (Read 1621 times)

If it bothers you so much, why don't you just trade without stoporder ?

Quietly drifting upwards?

You mean clambering up the cliff, gasping for air and Stop Orders before it gets dumped back down?

who needs leverage when there is cryptos!

seriously, aren't cryptocurrencies volatile enough to satisfy the most degenerate of gamblers?

Alternative to accusing BFX of running your stop:  Learn not to short a market that is quietly drifting upward.

In observing the market action since Friday, it's evident that there is a bid under the market.

Yes....6 BTC.

Even 6 BTC is reward enough for these fuckers to move market and trigger a Stop.

This is exactly what I am getting at. My Stop Order was the top of the market. Had my Stop not been set to $307.11, then Finex would never have gotten up to that point. The Bucket Shop Running Rat Bastards would have had no motivation to play pass the parcel with the 'in house' padding volume to go up that high.

I suspect that these exchanges operate with far less real volume than you may think. 400 BTC of volume had to be burned to get to my Stop Order. Most of the volume is the exchanges themselves, and if they see a bunch of Stops sitting just a little higher up than the market wants to go, its no problem at all for them to run her up, trigger em, and empty the Fiat into thier own accounts 'fair n square'

Who would be stupid enough to do go buying all that BTC, right where it was bought, at the very top of an extremely weak move up (which is why I shorted it)? Nobody would! Buying was the exchanges themselves, ploughing through mostly their own volume, cos their bots calculated that the cost of buying into any real orders were less than the profits to be had by wiping out the Short Stops. Remember, they are not just stealing $30 from me, they are preventing me from taking $150 from them as well, when my target is invariably hit down below.

I would bet that 400 BTC of volume was burned through, just to stop out a handful of traders probs betting less than 30-40 BTC in total.

Never change MatTheCat. 

Time to update your signature?

Do you really think the big guys care about your measy BTC6? Now go sleep.

You must be extremely paranoid if you think they would stop run you for 6 btc lol...when other ppl are trading with several hundred/thousand coins

On this occasion.

Bitfinex.

My Stop made the Top of the Market.

6 BTC.

6 FKN BTC!!!!!

And they came after it....

Makes you think how much that volume is even real, and how much is just utter fkn bullshit.

Do you think that BTC exchanges are the only place where stops are run?

One of the algorithmic systems I run hunts for stops to gauge market depth.

This is a typical feature of market making and trend following systems.

To avoid getting your stops run, have the order be entered contingent on a volume-backed breakout, then put your bid under the front bid with an appropriate (90% chance of execution) volatility buffer.

If this seems like a lot of work to avoid getting stops run, well, it is.

where did you trade?

Fucking rat cocksuckers.

6 fucking BTC trade with Stop Order @ $407.11.....triggered at $407.30. This will be the top of the trend for now.

Proof that no trade amount is too small for these fucking bucket shops to empty into their koffers and also perhaps that vast majority of the exchange volume, is actually the exchanges themselves simply padding up their order books to give the trader a sense of confidence.