I'm not sure I can deal with Kraken much longer. I experienced at least 20 market orders that were cancelled by their system for no apparent reason. Looks like limit orders is the only option then https://support.kraken.com/hc/en-us/articles/201648183-What-is-Market-Price-Protection-
Remarkable take-profit by a Florida-based crypto trader earlier this week -- Hi ✗✗✗✗ Success! Your limit sell order for ✗✗✗✗ ETH at $374.00 per ETH has been filled. Order Date: June 13, 2017 14:19:55 UTC Order Filled: June 13, 2017 14:24:39 UTC Order Type: Limit Sell Individual Trades: 1 Order ID: 758✗✗✗✗ Amount: ✗✗✗✗ ETH Price: $374.00 per ETH Subtotal: Fee: Total: Gemini Trust Company, LLC (d/b/a Gemini Exchange, LLC in DE, MA, ND, OR, SD, VA) 600 Third Avenue, 2nd Floor New York, NY 10016
Mtrader's strong beliefs about trading come from having developed viable trading strategies. Your opinion about most people being unable to determine if what Mtrader says is real or fictional ...is irrelevant, to those of us who are interested in reading what he has to say. As to what u say about the power of strong beliefs and or conviction, u are spot on, correct. Given a strong enough belief, people should be able to develop strategies that can compete and win, trading against Mtrader's strategies. IOW, even tho he hasn't disclosed much about how he trades, ...he's said way too much.
Kraken is now giving me fill fractions of less than 1% on orders set $5 above the market price. That's 5 limit orders in a row. ...And they don't respond to support tickets, ever. = Dodgy.
Limit orders are at least $5 above the current market price. Happens whenever I get a strong signal even though the market price isn't moving that much and market price doesn't reach the limit order price for another 5-10 minutes. I've given up on this exchange, either their systems aren't up to it or they're doing something dodgy like preferencing orders.
....and LTC has almost doubled just in 3 days, from 26ish to 44ish. The new kids of summer... Actually LTC is the oldie but goodie, having improved earlier than BTC.... A note on ETH: It was hugely premined and it has no hard limit. I guess the sky maybe...
I think one can forget about testing ETH's ATH for a while, this market is very much on edge about risk to the downside. The worst mistake one can make at these levels is assume there's a continuous bias to the upside. Just a sniff of risk can bring it back 100-200.