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Topic: Stop losses & a canonical list of exchanges? (Read 492 times)

hero member
Activity: 906
Merit: 1034
BTC: the beginning of stake-based public resources
March 02, 2013, 05:38:21 AM
#3
Thanks, I will look into this. Perhaps this will motivate the incumbent exchanges to provide more features. I do find it troubling that nearly 90% of BTC exchanges go though one exchange. I hope this area re-diversifies soon.
legendary
Activity: 2506
Merit: 1010
Is there a canonical list of different exchanges/trading sites for Bitcoin?

This would probably be the closest to what you are asking:

 - http://en.bitcoin.it/wiki/Buying_bitcoins

I'm keen to find out if any offer stop losses

Nope.  CampBX in 2011 said that it was coming soon.  So did Mt. Gox, and a few others.   Never happened.

if the same functionality can be achieved through the use of a combination of other mechanisms.

I believe CoinSetter, "launching February 2013", will have stop loss triggers and leverage.  If you still wanted to trade at Mt. Gox for example, but wanted the protection that stop loss offers, you simply have a position on CoinSetter opened when the stop loss trigger occurs -- even if it makes use of margined funds.  Then at some point you can close both your position at Mt. Gox and the position opened when the stop loss trigger fired.

hero member
Activity: 906
Merit: 1034
BTC: the beginning of stake-based public resources
Is there a canonical list of different exchanges/trading sites for Bitcoin? I'm keen to find out if any offer stop losses or if the same functionality can be achieved through the use of a combination of other mechanisms.
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