Topic: Who supports a ban on orderbook flooding ???? I know I do, so lets vote it in (Read 568 times)
August 19, 2013, 07:58:54 AM
I need over 10 open buy/sell positions to work sometimes, that kind of limitation would take me off the exchange forever!
August 19, 2013, 07:49:15 AM
um yeh .......
August 19, 2013, 07:34:05 AM
That's nothing ...
lets make it so you can only buy some types of currencies .
and what we will do is, ok , is, all vote on which ones , then its all democratic and shit, right ?
wait wait...
better idea .
scratch Crypto ,....hmmm need to think....
wait !
lets make it so you can only buy the USD, ok, stay with me here !, what we have to do is get a case of whiskey, and i know these guys in Saudi Arabia right.....
lets make it so you can only buy some types of currencies .
and what we will do is, ok , is, all vote on which ones , then its all democratic and shit, right ?
wait wait...
better idea .
scratch Crypto ,....hmmm need to think....
wait !
lets make it so you can only buy the USD, ok, stay with me here !, what we have to do is get a case of whiskey, and i know these guys in Saudi Arabia right.....
August 19, 2013, 06:17:41 AM
bbbbaaaaaaahhahaahaahah , did someone say something ? oh wait ...... just another sheep.
August 19, 2013, 06:01:07 AM
Hear that? That is the sound of no one agreeing with you. Fuck off 
August 19, 2013, 05:22:14 AM
This would be detrimental to the exchanges that do this in my opinion.)
the reason being is that if people like me end up getting caught buying at a spike, then i tend to leave sell orders and then buy more to average down, inserting a new sell order each time so i know that i make profit from each lower buy - i then leave them in place to get filled over time.
if i was limited to the amount of buys/sells i could have then i would end up finding it harder to average down and would then find another exchange which would allow me to trade more freely.
Dont get me wrong I get frustrated at an artificial market which suddenly vanishes but thats just one of the risks ;-)
So I'm sorry but I would have to vote against a cap on buy/sell limits
All the best
Stuart
the reason being is that if people like me end up getting caught buying at a spike, then i tend to leave sell orders and then buy more to average down, inserting a new sell order each time so i know that i make profit from each lower buy - i then leave them in place to get filled over time.
if i was limited to the amount of buys/sells i could have then i would end up finding it harder to average down and would then find another exchange which would allow me to trade more freely.
Dont get me wrong I get frustrated at an artificial market which suddenly vanishes but thats just one of the risks ;-)
So I'm sorry but I would have to vote against a cap on buy/sell limits
All the best
Stuart
I see your points, and agree to a degree, on averaging down you need 15 sell orders and 15 buy orders ? could you not operate with 4 buy , 4 sell ? atleast your busy day aint in my face that way
. I think there comes a balance of trading in blocks and then just outright spamming. Or the exchanges should at-least make their order-books detachable so I can then see past your 15 trades on a second monitor. its a bit like rocking up at the markets and instead of having a little stall, you roll your tables out across an entire street and say its detrimental to trade and i need to show all my items at once, this is a free country, these markets will suffer, digital space on an orderbook is no different.
Why not carry a few manikins to the supermarket, just incase theres a faster lane ? Well cause its kinda rude ? Same deal, but hey just my opinion,
I just think we need some kinda limit, not a complete iron fist ban. Maybe I should change my title " Who wants to be kind to others and limit their orders for all"
August 19, 2013, 04:57:48 AM
August 19, 2013, 04:07:55 AM
This gives exchanges liquidity. Limiting it is like trying to control free-market forces.
Pointless in my view.
Pointless in my view.
August 19, 2013, 04:01:11 AM
This would be detrimental to the exchanges that do this in my opinion.)
the reason being is that if people like me end up getting caught buying at a spike, then i tend to leave sell orders and then buy more to average down, inserting a new sell order each time so i know that i make profit from each lower buy - i then leave them in place to get filled over time.
if i was limited to the amount of buys/sells i could have then i would end up finding it harder to average down and would then find another exchange which would allow me to trade more freely.
Dont get me wrong I get frustrated at an artificial market which suddenly vanishes but thats just one of the risks ;-)
So I'm sorry but I would have to vote against a cap on buy/sell limits
All the best
Stuart
the reason being is that if people like me end up getting caught buying at a spike, then i tend to leave sell orders and then buy more to average down, inserting a new sell order each time so i know that i make profit from each lower buy - i then leave them in place to get filled over time.
if i was limited to the amount of buys/sells i could have then i would end up finding it harder to average down and would then find another exchange which would allow me to trade more freely.
Dont get me wrong I get frustrated at an artificial market which suddenly vanishes but thats just one of the risks ;-)
So I'm sorry but I would have to vote against a cap on buy/sell limits
All the best
Stuart
August 19, 2013, 03:13:56 AM
Guys whos with me on this one, lets end orderbook flooding on our exchanges, lets pressure the owners to bring in a limit per coin per account to say something reasonable say 3 per sell and buy. Im well over orderbook flooding, like mozzies at a BBQ F(*&king useless and annoying, I know people see through the crap, but why not vote it out. Exchanges need to jump on this one.
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