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Direct MessagesDate/Time: Sat, 18 May 2024 15:40:53 +0000
Post From: Direct BitMEX Trading Support
| [2018-03-02 08:08:58] |
| coin boss - Posts: 19 |
|
Anyone else having some serious problems with bitmex stop orders, i am on the new connetion (direct trading). It seems as though the stop market orders are not working as i want them to. And after a little digging i found out why. My guess is that Bitmex allows 3 different stop market triggers, the one that i want it to be using is the last price of the actual bitmex trades, but there is also the option of using the Mark price, or the index price. It looks like the orders through sierra are using the MARK price. so when price actually hits your level, it will NOT take you out of the trade. So the question is, how do we set the stop market order type so that the trigger price is the LAST price. In the photo you can see the actual trigger price is not close to what the bitmex price is at... and when the trade was closed it was way way lower and you are blown out at that low lever.. and its costing me a lot of money, but im glad i figured out the reason why now. I just need to know how to let Sierra signal the proper stop market trigger type, the way stops normally work. I can see another thread where someone mentioned the same issue a while ago, and the reply was: Indeed, the execInst was set to Mark Price. I changed it to Last Price and this will be released in prod ASAP. Sorry for the inconvenience. But it looks like its still the same issue with the current version.. or is there a way to change this trigger. Thanks for your help. |
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