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Topic: STOP LOSS ? (Read 1312 times)

full member
Activity: 196
Merit: 100
March 21, 2014, 03:20:23 PM
#9
legendary
Activity: 2128
Merit: 1002
December 20, 2013, 07:00:54 PM
#8
Is there an exchanger who offers STOP LOSS ?



yes, btc.sx
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
November 20, 2013, 10:14:10 PM
#7
You can use BTX Trader. It supports Stop Limit orders for mt gox, bitstamp, btce and btcchina.

See this post on how to set it up.

Disclosure: I wrote it.

Is there an exchanger who offers STOP LOSS ?



slightly OT what are the price on which a stop loss should trigger off? "executed" price or market price?

I'm asking because if the latter is valid then all that was needed to trigg the stop loss order is for the highest bid to suddenly drop, even if there was no actual trade related to this dip. So there might have been a flash crash in the bid even though there was no flash crash in executed price.

Since if the makerket is still pretty low volume and has stop loss order based on market price, the highest bid can easily move a lot, especially on a volatile period like the ones we're in.

In the case of BTX, it triggers off the last price which is a common choice.

I would give it a try but unfortunately I've no windows system at my disposal currently, anyway it seems a neat tool after a quick glance

Amazon offers free tier elgible AWS EC2 instances. Just sign up for one of them and run the software there. Another plus is that it's got better connectivity than your home connection, and its only job will be maintaing stop losses, so if you shut down your home computer or something it's still working away.

legendary
Activity: 1260
Merit: 1008
November 20, 2013, 05:15:56 AM
#6
You can use BTX Trader. It supports Stop Limit orders for mt gox, bitstamp, btce and btcchina.

See this post on how to set it up.

Disclosure: I wrote it.

Is there an exchanger who offers STOP LOSS ?



slightly OT what are the price on which a stop loss should trigger off? "executed" price or market price?

I'm asking because if the latter is valid then all that was needed to trigg the stop loss order is for the highest bid to suddenly drop, even if there was no actual trade related to this dip. So there might have been a flash crash in the bid even though there was no flash crash in executed price.

Since if the makerket is still pretty low volume and has stop loss order based on market price, the highest bid can easily move a lot, especially on a volatile period like the ones we're in.

In the case of BTX, it triggers off the last price which is a common choice.

I would give it a try but unfortunately I've no windows system at my disposal currently, anyway it seems a neat tool after a quick glance
newbie
Activity: 31
Merit: 0
November 19, 2013, 10:19:49 PM
#5
You can use BTX Trader. It supports Stop Limit orders for mt gox, bitstamp, btce and btcchina.

See this post on how to set it up.

Disclosure: I wrote it.

Is there an exchanger who offers STOP LOSS ?



slightly OT what are the price on which a stop loss should trigger off? "executed" price or market price?

I'm asking because if the latter is valid then all that was needed to trigg the stop loss order is for the highest bid to suddenly drop, even if there was no actual trade related to this dip. So there might have been a flash crash in the bid even though there was no flash crash in executed price.

Since if the makerket is still pretty low volume and has stop loss order based on market price, the highest bid can easily move a lot, especially on a volatile period like the ones we're in.

In the case of BTX, it triggers off the last price which is a common choice.
legendary
Activity: 1260
Merit: 1008
November 19, 2013, 05:23:00 PM
#4
Is there an exchanger who offers STOP LOSS ?



slightly OT what are the price on which a stop loss should trigger off? "executed" price or market price?

I'm asking because if the latter is valid then all that was needed to trigg the stop loss order is for the highest bid to suddenly drop, even if there was no actual trade related to this dip. So there might have been a flash crash in the bid even though there was no flash crash in executed price.

if the makert is still pretty low volume and has stop loss order based on market price, the highest bid can easily move a lot, especially on a volatile period like the ones we're in.


edit: fix typo/grammar
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
November 10, 2013, 10:45:28 PM
#3
BTC-e in MT4 and Kraken

at least of my familiar

And BitFinex
legendary
Activity: 1372
Merit: 1000
November 10, 2013, 09:56:48 PM
#2
BTC-e in MT4 and Kraken

at least of my familiar
full member
Activity: 254
Merit: 100
November 10, 2013, 06:41:24 PM
#1
Is there an exchanger who offers STOP LOSS ?

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