Post
Topic
Board Speculation
Re: Mad Speculator now live on bitcoinica
by
Otoh
on 12/01/2012, 12:15:55 UTC

a Question for the pros here.
Will this stop execute if the price goes up to 7.2 or higher?

151130    BTCUSD    Stop    3.0    $7.2000    less than a minute ago    ACTIVE    Cancel
151131    BTCUSD    Stop    2.0    $7.2000    less than a minute ago    ACTIVE    Cancel

I am currently on a short for 5 Coins. So this should safe me from being broke after I wake up, right?
yes, I believe that will close out your short position of 5 coins if & when the bitcoinica buy price reaches $7.20 or >
but I haven't tried this out as yet so am not 100%

EDIT: also I don't know how bitcoinica's Redis server going down would affect any stop orders that you'd placed if your stop price was hit during this outage