Kraken stop loss reddit

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What is a stop loss order? A stop loss order allows you to buy or sell once the price of an asset (e.g. XBT) touches a specified price, known as the stop price. Great to see this improvement. But I would much prefer if you fixed the fault which, occasionally and currently is preventing me from from closing out a margin long which has moved against me. The system will allow me to add to my losing trade but not close it or add a stop loss.

24.05.2021 Kraken stop loss reddit

I know you probably hear this everyday, but I'm crypto's biggest fan. I even got the underground sh+t coins that all turned out to be scams. I got a room full of Kraken posters and Bitcoin pictures man. I like the sh+t you did with MVB, that sh+t Stop loss orders offers traders a level of protection when trading on Kraken (with or without the use of margin). What is a stop loss order? A stop loss order allows you to buy or sell once the price of an asset (e.g.

When the Market price hits $1,000, your order will be filled immediately and independently of the volume of buy orders that exist on Kraken at your Profit price .

Though the fact that the price wicked down >15% in a single minute (only on Kraken), my stop loss order price was exceeded by ~13%, AND was executed at the LOWEST POSSIBLE price during that timeframe is pretty shitty IMO. Despite the reasoning, the risk of a stop-loss not doing its job seems rather high on this exchange in particular I read about your flash crash too I'm sorry. I had a friend going long and it hit his stop loss.

This feature will cancel your limit sell order if it matches against the buy side of the order book. Related articles. Market and limit orders · Stop loss orders · Take

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Hey, So, I had a stop-loss in place at Kraken. I was surprised to discover it remained untouched, and in the books, while … I've had similar issues with Kraken stop loss orders.

️Stop Loss (triggers a market order when a target price is touched) ️Take Profit (triggers a market order when a target price is touched) If price offsets are used instead of a specific price, the prices will be offset from the price of the primary order. Examples Conditional Close as a Stop Loss. Suppose the current price of XBT/USD is $6100. 07.01.2021 03.02.2021 Ripoff Report on: Kraken.com - Krakencom rigged stop loss mechanic By opening a spot position on margin, you incur corresponding obligations, including the obligation to return the amount of the margin extension to Kraken within a specific period of time, through position settlement and one or more closing transactions.. How settling a position works.

I have contacted Kraken support, they said a trader will get back to me, but it's been a couple of hours and it's bugging me. I want to set up a stop loss on an exchange, in case the price plummets. However, I remember reading some comments quite a while ago where people thought that coinbase would sometimes manipulate the price, such that it would drop by a ridiculous amount in a very short period, just to get rid of those stop loss orders - is there any truth to this, and could anyone provide some more information Hello u/clcarver1130,. Thanks for reaching out! Unfortunately, we do not have trailing stop loss order option available.

17. Posted by 1 year ago. let's say in a year's time the price is on the rise, and is at $13k. And say I decide to set a stop loss at $11k, because I'm worried that maybe the price will suddenly plummet, help Reddit App Reddit coins Reddit premium Reddit gifts. In a stop loss limit order a limit order will trigger when the stop price is reached.. To use this order type, two different prices must be set: Stop price: The price at which the order triggers, set by you.

Meanwhile everyone with buy orders cancelled them causing massive slippage for the stop losses that did go through. Then it just fucked up entirely, seeing no orders were going through at all. Hey, I am new to crypto and trading, and I was wondering if it's possible to set a "dynamic" stop loss at kraken.com. I've set up a standard stop loss @ -10% of current price, thinking it would dynamically adjust up if the price increases. But it's just a fixed amount. Hi there.

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17.03.2017

But I would much prefer if you fixed the fault which, occasionally and currently is preventing me from from closing out a margin long which has moved against me.