Post
Topic
Board Trading Discussion
Re: Play by Play: Get GOX'd, Lose it all, come back IN the money...
by
PachucoBro
on 11/04/2013, 07:22:00 UTC
15:21:06   BTC sold: [tid:1365621666827731] 10.95720000 BTC at $106.00000   0.00004330 BTC
CASH Balance: $1,155.07 OUCH! That's like HALF of what I started with...ugh.  Cry

limit orders are your friend. the ddos lag kicks in, it strikes me, the majority of participants hit the market sell and by the time the order enters the book, gets crossed, and you get filled the price could be ANYWHERE given the staggering amount of these market sell orders, the buy side gets flooded.

At least with a limit sell order you won't get sold any lower than that value you offer your coins at...

Ummm... so how do you do a Limit Sell Order on MtGOX?Huh