Phillis
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November 15, 2014, 11:20:18 PM

yeah, well i am running that strategy atm myself. I am bought (i probably shouldnt be, but i just rebought), but I have a roof in at $400 and my drop loss at $365. We will see, but its a nice risk mitigation technique.

I have to ask, or it's going to eat my alive: what's the difference between a drop loss and a stop loss?

Is it related to a timid order? Or a barge in account?

ah well i am involved with haasbot, which is a bitcoin/altcoin bot. One of the features it has is roof in and drop loss (drop loss is basically a stop loss on an exchange), whereas a roof in will execute a buy if the price that is entered is reached, which is $400 for me, atm.