Profit directions: (a-duh)
| Profit Direction | Loss Direction | |
| Selling | Down | Up |
| Buying | Up | Down |
As for the trailing stops, If thats the way their being executed, I would consider that 'wrong' because most people would head into a trailing stop thinking it works the way I described, and the text (that at least used to be found on Bitcoinica) to explain the functionality of the trailing stop was not contrary to that.
If the trailing stop is to be used at all then the way it executes will have to be outlined on the site.
Although it does just sound like a programming error, having the stop price change with every price change rather than just the overall price change, I cant see a time when an order executing like that would be beneficial. I reckon this should be fixed.
Im testing a position too: Trailing stop buy at $50
If the trailing stop is to be used at all then the way it executes will have to be outlined on the site.
Although it does just sound like a programming error, having the stop price change with every price change rather than just the overall price change, I cant see a time when an order executing like that would be beneficial. I reckon this should be fixed.
Im testing a position too: Trailing stop buy at $50
Cool ... I'm glad some persons have decided to test this finally
My trailing-stop-sell has gone up in target price by $0.1385 since yesterday. The trailing stop has gone up 6.925% since yesterday. Based on the entry price of $4.33712/$4.40606, for that increase to be correct, we would have had to have hit a price point of $4.63747/4.71118 at some point in the past day. We have never come anywhere near $4.60 during this time frame, and in fact we've pretty much been down from the starting point since I entered the trailing stop. Thus, I have to conclude that as I noted earlier, trailing stops are not working properly and should be avoided until Zhoutong fixes the problem.
RandyMarsh, I'll be interested in hearing your analysis from the $50 starting point for a trailing-stop-buy. Am I incorrect or does the above confirm my stance that it's currently broken?