Post
Topic
Board Exchanges
Re: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading
by
urwhatuknow
on 31/12/2013, 09:05:35 UTC
is there a way to combine a limit order with a trailing stop? i.e. if the limit is reached, the trailing stop discards itself.

Unfortunately not.
But this is a very frequently posed feature request.
(Typically the request is to combine a limit and a fixed stop)

This would be very helpful indeed, since it supports the standard situation when you try to "get into a position".
My guess is that implementing such a feature will create a challenge for both the internal data representation and the visualisation in the GUI


@Bitfinex team: are there any plans or have you considered such a feature?


It's on the list of things to do.
Raphael has been busy with a lot of things lately and we are now hiring new devs in order to shore up our new features.
It is not easy to find good people ( we already found a couple of very skillful ones) and in this moment theoretically ( very theoretically for the Bitfinex team ) it's vacation time.
If you take a look at the past months we have been walking a long way.
Bitfinex was born in late october 2012.
It took us until the year end 2012 to add 148 users.
We are now up to a 5 digit number and there are days where we add more than 148 new users in one day.
I believe we did a good job in managing this growth, but it stressed us a lot.
It's like being on a surfboard trying to escape from a 10 meters wave.
24/7.
We have been sailing thru some very scary storms ( april 10th anyone?), but we always made it.
And no liquidity provider at Bitfinex ever lost one penny.

I apologize if I was not always very nice, but there were moments where people's complaints seemed a little too out of whack to me.
I believe Bitfinex will be one of the top 3 trading platforms one year from now.
The challenge we are facing is big and full of dangers.
But I think together we can make it, by rowing all in the same direction and understanding the fact that taking things from 99% perfect to 99.99% perfect is a hell of a job.

On behalf of Bitfinex I wish you all a very happy year-end and a very good 2014.

Thank you all

Giancarlo
Bitfinex Team