Hacker News new | past | comments | ask | show | jobs | submit login

I mean you are providing free sell options to the market if your limits are below the current price. I‘m not sure thats much better. I just place limits way above the current price to get a market order with no risk at getting rekt by a bug or a sudden market movement



While your analysis is correct, providing free sell options is a second-order effect, whereas a market order is a first-order effect. I think such second-order effects are much harder (though not impossible) for people to game.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: