where are the Bitstamp asks?
The same for me. Also ask route to stamp dont work
And about stop orders, what do you guys (traders and developers) say about an aditional stop LIMIT order? Meaning set a stop with a predefined limit order.
Hello 8fold
this is an idea I already seen pass. I'm curious on the feedback of other traders, as this is tricky, this might not be filled in a moving market (obviously) so yeah, interested to know if everyone think it's worth it.
From my point of view this is possible to implement it, for sure
Best regards
Raphael
Thank you for addressing my suggestion!
To be clear, we are talking about a stop limit order that would have two values as parameters: a trigger/stop value and a limit order value. So for example, suppose the market has been rallying aggressively for the last few days and the price has reached $167, where it meets some considerable resistance. You decide to go short, with a strict stop loss. In this case you would use a stop limit order with a trigger value of $167.01 (just above the resistance level) and a limit order value of $168. So if the stop order gets executed, it can only be filled up to a max price of $168.
The advantage of this order is that it allows for a better control over your stop price, preventing unnecessary slippage with larger orders. However, this is an advanced order and requires a little more thought over what limit you set. Hope people will see the benefit though.
P.S. Thanks Raphy for switching bid and ask in the trading section's orderbook. It is better, less confusing.
