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Re: Question about limit order system

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marwan1200 is not online. marwan1200
Joined: 28 Dec 2010
Total Posts: 2614
11 Apr 2015 11:00 AM
Ok I get how to use it but I still have some questions, thanks for reading

1. Ok usually when there is a negative spread of -1000 which is where I should convert robux to tix, the tix rate gets so low that if I were to multiply by the amount of robux I have i would lose a lot! Like it was -1000 yesterday and a tix rate of 9.0089 ... I don't get it

Let's say I'll give in 67 robux to tix at this spread

67*9.009 = 603 tickets which means I lost another 400 tickets

Can someone explain this to me please thanks
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BreakingDemons is not online. BreakingDemons
Joined: 05 Mar 2009
Total Posts: 15141
11 Apr 2015 11:01 AM
IDK
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Robodog112 is not online. Robodog112
Top 100 Poster
Joined: 15 Aug 2008
Total Posts: 38052
11 Apr 2015 11:03 AM
Nobody maths 'round these parts boi.
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Salvum is not online. Salvum
Joined: 21 Aug 2011
Total Posts: 15354
11 Apr 2015 11:06 AM
Hi  
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marwan1200 is not online. marwan1200
Joined: 28 Dec 2010
Total Posts: 2614
11 Apr 2015 11:08 AM
Bye
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TheCurrencyExchange is not online. TheCurrencyExchange
Joined: 09 Dec 2012
Total Posts: 6704
11 Apr 2015 11:08 AM
I could help you... if you made it clear what you were actually asking
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marwan1200 is not online. marwan1200
Joined: 28 Dec 2010
Total Posts: 2614
11 Apr 2015 11:14 AM
@thecurrencyexchange

The rules say when the spread is negative, that is the best time to do limit order system from robux to tix.

However the lower the spread the lower the tix rate, and that is the rate which I should multiply by the amount of robux I have.

So let's say the spread is -13000 which is a jackpot the tix rare goes down rapidly to BUX/TIX 15.000/9.0089

And the formula to convert robux to tix is you multiply the amount of robux you have by the tix rate which is in this case 9.009

I want to put 67 robux

67*9.009

= a number that will make me lose more than the if I converted my 67 robux to tix using market order

Clearer now?
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marwan1200 is not online. marwan1200
Joined: 28 Dec 2010
Total Posts: 2614
11 Apr 2015 11:15 AM
My question is how do I deal with this and actually make profit
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0leeoX is not online. 0leeoX
Joined: 03 Apr 2015
Total Posts: 7714
11 Apr 2015 11:17 AM
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TheCurrencyExchange is not online. TheCurrencyExchange
Joined: 09 Dec 2012
Total Posts: 6704
11 Apr 2015 11:22 AM
When the spread is negative, that means the two top orders are overlapping.

If there's a high enough quantity in each of the top two and it's not a "No split trades" order, then you can profit simply by using market order twice, since if you were buying robux you would have paid lower than the current best order to buy them, and if you were selling robux you would have sold higher than the current best order to sell them.

Jumping the current trades would be a bad idea because you would have bought high and sold low.
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marwan1200 is not online. marwan1200
Joined: 28 Dec 2010
Total Posts: 2614
11 Apr 2015 11:28 AM
I appreciate what you said but can you make your statements more simpler since I am a new to the limit order

In other words can you be a bit more clearer please thank you
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Salvum is not online. Salvum
Joined: 21 Aug 2011
Total Posts: 15354
11 Apr 2015 11:30 AM
Yo man  
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0leeoX is not online. 0leeoX
Joined: 03 Apr 2015
Total Posts: 7714
11 Apr 2015 11:36 AM
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0leeoX is not online. 0leeoX
Joined: 03 Apr 2015
Total Posts: 7714
11 Apr 2015 11:37 AM
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marwan1200 is not online. marwan1200
Joined: 28 Dec 2010
Total Posts: 2614
11 Apr 2015 11:38 AM
K
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0leeoX is not online. 0leeoX
Joined: 03 Apr 2015
Total Posts: 7714
11 Apr 2015 11:42 AM
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Salvum is not online. Salvum
Joined: 21 Aug 2011
Total Posts: 15354
11 Apr 2015 11:43 AM
Hello there  
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