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<< >> English 中文 Русский 한국어 日本語 Español Français [2015-11-08 00:19:57] zanza : lol [2015-11-08 00:20:04] zanza : scammy scam scam [2015-11-08 00:20:38] Murch : abc123: they take absolutely no risk, it's not their capital. [2015-11-08 00:20:50] abc123 : well they have no access to your funds just thought i would put it out there [2015-11-08 00:20:57] abc123 : true [2015-11-08 00:21:04] IChTj4OeMavRq6qeIyEb : Murch: Just let me know what your positions are and I'll be the contrarian ;) [2015-11-08 00:21:16] zanza : ??? [2015-11-08 00:21:24] Murch : IChTj4OeMavRq6qeIyEb: hahah, well you've got your answer, go long now :P [2015-11-08 00:21:38] IChTj4OeMavRq6qeIyEb : Murch: Have been, still holding it haha [2015-11-08 00:21:53] Murch : I see I see [2015-11-08 00:22:15] TschavaTschigger : coincube sounds superfishy [2015-11-08 00:22:55] IChTj4OeMavRq6qeIyEb : There's a chance it's legit but I'm skeptical too @TschavaTschigger [2015-11-08 00:24:18] IChTj4OeMavRq6qeIyEb : Usually the people you find selling a trading strategy wouldn't be if they had a successful strategy [2015-11-08 00:25:55] Murch : Some people will follow it at the right time and make a lot of money. That's what they're banking on I'm assuming. It's actually very clever. [2015-11-08 00:26:24] TschavaTschigger : Murch: it's not clever, its illegal [2015-11-08 00:26:29] habibi : anyway is they get access to api keys that allows to trade only, then they can use it only for better profit of their own trades - thats the only bad thing can happen [2015-11-08 00:27:17] Murch : The more I think about their site the shadier it seems. [2015-11-08 00:27:25] IChTj4OeMavRq6qeIyEb : habibi: That's a big issue as far as I'm concerned. They can use other people's accounts to trade against their own [2015-11-08 00:27:28] Murch : They also only showed the performance up to like october 15 [2015-11-08 00:27:47] habibi : but still, i dont think they would sell a profitable strategy, so anyone can look for trades->analize and replicate it and get rid of theirs commision [2015-11-08 00:27:50] IChTj4OeMavRq6qeIyEb : TschavaTschigger: Not sure it's illegal if people give them access. Predatory yes [2015-11-08 00:28:14] habibi : anyway profitable strategy over time is still profitable so no problem to use 1-10x or even 1-20 x leverage to multiple profits [2015-11-08 00:28:22] IChTj4OeMavRq6qeIyEb : Successful strategies aren't sold though, that's true [2015-11-08 00:29:03] sleger : you dont understand, they are not selling the strategy [2015-11-08 00:29:08] habibi : thats why its fishy, if strategy is working they would find very fast a funding [2015-11-08 00:29:16] IChTj4OeMavRq6qeIyEb : Say goodbye @Murch haha [2015-11-08 00:29:22] sleger : they are just acting like hedge funds do, invest money and then they take x% of returns if positive [2015-11-08 00:29:27] Murch : IChTj4OeMavRq6qeIyEb: oh gawd [2015-11-08 00:29:36] IChTj4OeMavRq6qeIyEb : Bye bye short lol [2015-11-08 00:29:38] habibi : sledger they not, but if u would analize whole bunch of trades during time [2015-11-08 00:29:39] TschavaTschigger : their team sounds superfishy too.. ok what we got here? the ceo is "serial entrepreneur" which basically means he has failed before. The second guy is "freelance developed" and the third guy has "recently developed a profitable arbitrage program".... [2015-11-08 00:29:44] Murch : seriously the choppiest shit [2015-11-08 00:29:55] habibi : then u can find ideas and spots to find out how its works [2015-11-08 00:30:04] TschavaTschigger : What a team... nobody has any experience in the finance field or algorithmic trading field but ok. [2015-11-08 00:31:06] IChTj4OeMavRq6qeIyEb : I didn't want to dismiss coincube right off the bat but it's sounding worse and worse haha [2015-11-08 00:31:12] habibi : i dont know how api keys works on finex, but for some exchanges u set flags of allows for keys- withdraw flag as well, for example they will get many users that dont care about limiting keys to trade only and one day they will go gox [2015-11-08 00:32:44] IChTj4OeMavRq6qeIyEb : habibi: That would be way too tempting for sure. There's easy profit haha [2015-11-08 00:33:25] Murch : RIP [2015-11-08 00:33:39] IChTj4OeMavRq6qeIyEb : Murch: Happened to me yesterday. Not every day is a winner [2015-11-08 00:34:35] Murch : IChTj4OeMavRq6qeIyEb: It's okay I'm long now. Time to turn this day into a winner. [2015-11-08 00:34:53] IChTj4OeMavRq6qeIyEb : Murch: Best of luck as always :) [2015-11-08 00:35:02] IChTj4OeMavRq6qeIyEb : Time to go short lol [2015-11-08 00:35:12] IChTj4OeMavRq6qeIyEb : Jk I think this is breaking upward [2015-11-08 00:35:13] Murch : IChTj4OeMavRq6qeIyEb: hahah I really need it man, best of luck to you as well :D [2015-11-08 00:35:18] IChTj4OeMavRq6qeIyEb : Murch: Thanks! [2015-11-08 00:35:39] IChTj4OeMavRq6qeIyEb : Breaking up on volume. Praise China [2015-11-08 00:37:07] habibi : 2 cny to go [2015-11-08 00:38:22] IChTj4OeMavRq6qeIyEb : habibi: Getting iffy. Idk [2015-11-08 00:38:26] Murch : Cmon China dooo eeeet [2015-11-08 00:39:16] IChTj4OeMavRq6qeIyEb : I'm out. Gotta take good profits when I can get them [2015-11-08 00:39:46] habibi : yea already on short as well [2015-11-08 00:39:52] Murch : I'm gonna stick it out [2015-11-08 00:40:16] IChTj4OeMavRq6qeIyEb : habibi: I'm not going that far yet. I think the local top will be tested again and I may relong if it breaks [2015-11-08 00:40:27] IChTj4OeMavRq6qeIyEb : Murch: Good call I think. We'll see [2015-11-08 00:40:56] Murch : IChTj4OeMavRq6qeIyEb: I hope so, I'm tired of waiting =_= [2015-11-08 00:42:45] IChTj4OeMavRq6qeIyEb : Murch: I hope so too. I'd really like to see a strong return to the high 400s [2015-11-08 00:43:01] IChTj4OeMavRq6qeIyEb : Well 1000s really but I'm trying to set attainable goals haha [2015-11-08 00:43:07] habibi : IChTj4OeMavRq6qeIyEb: yea u right, closed short 0.6 lower then opened and lets see action [2015-11-08 00:43:10] Murch : high 400s would make me happy in my pants [2015-11-08 00:43:31] IChTj4OeMavRq6qeIyEb : Oh no people are trading off me. I should be quiet :p [2015-11-08 00:44:10] AudibleScience : Murch: lol [2015-11-08 00:44:50] IChTj4OeMavRq6qeIyEb : From now on I'm just going to say I'm taking a position and let people guess lol. 50/50 chance of getting it right [2015-11-08 00:45:10] AudibleScience : Murch: The weekend is not usually that great at delivering epic pumps though man. [2015-11-08 00:45:13] habibi : i would say short [2015-11-08 00:45:31] habibi : but still i hope it will long ;p [2015-11-08 00:45:40] Murch : AudibleScience: :( [2015-11-08 00:46:21] Murch : dicks [2015-11-08 00:46:26] habibi : or back to 75 and again atack >90 [2015-11-08 00:46:44] IChTj4OeMavRq6qeIyEb : Murch: I was a little snotty about trading opposite to you. Sorry about that man [2015-11-08 00:47:18] Murch : IChTj4OeMavRq6qeIyEb: hahah, I don't mind man I know you're only joking around. Thanks though [2015-11-08 00:47:28] IChTj4OeMavRq6qeIyEb : :) [2015-11-08 00:48:19] habibi : btw guys what is minimal range between opening and closing position to pay fees? [2015-11-08 00:48:46] Murch : Goin long again [2015-11-08 00:48:56] Murch : 37th time's the charm [2015-11-08 00:49:26] habibi : too early [2015-11-08 00:49:34] TschavaTschigger : habibi: https://www.bitmex.com/app/fees [2015-11-08 00:49:36] IChTj4OeMavRq6qeIyEb : Murch: Hahaha sounds just like me yesterday man. Hope it works for you [2015-11-08 00:50:13] Murch : IChTj4OeMavRq6qeIyEb: thanks man me too =_= [2015-11-08 00:51:00] IChTj4OeMavRq6qeIyEb : habibi: I was working on a script to make that easier to see based on current position, but as you fees are .05% of the total bitcoin value on either side of the trade if you close into the book. If you use a limit order to do it the fee is 0 [2015-11-08 00:52:17] habibi : yea 0.195$ from 390$ position [2015-11-08 00:53:09] Murch : Aight let's do this, my body is ready [2015-11-08 00:53:22] habibi : IChTj4OeMavRq6qeIyEb: if u ever would do that script, i would tip u for it ;p [2015-11-08 00:53:30] TschavaTschigger : market is so flat.. think I'm going to bed... 2am right here [2015-11-08 00:54:11] habibi : TschavaTschigger: central/western europe? [2015-11-08 00:54:17] TschavaTschigger : i'll take a shit before... maybe someone reanimates that comatose market meanwhile [2015-11-08 00:54:26] TschavaTschigger : habibi: yeah.. austria [2015-11-08 00:55:25] lockhedge : TschavaTschigger: na servas [2015-11-08 00:55:50] habibi : anyway support on hobi getting bigger, but who cares about bid on chinese exchanges ;p [2015-11-08 00:55:57] habibi : bids* [2015-11-08 00:59:23] Murch : We've been narrowing in on this single price point for almost 24 hours geezus fack [2015-11-08 00:59:48] zanza : dont expect much move until monday imo [2015-11-08 00:59:55] habibi : looking back for last month yea its pretty boring [2015-11-08 01:00:02] habibi : but look for past half year ;p [2015-11-08 01:00:15] IChTj4OeMavRq6qeIyEb : habibi: You'd actually tip me for it. Won't take too long to complete but I can't work on it until later tonight or tomorrow [2015-11-08 01:00:36] IChTj4OeMavRq6qeIyEb : Murch: Yep the consolidation is crazy. I expect a move in the next hour or two though [2015-11-08 01:00:50] IChTj4OeMavRq6qeIyEb : *tip me for it? [2015-11-08 01:01:22] Murch : IChTj4OeMavRq6qeIyEb: sooner would be better on my frail heart [2015-11-08 01:01:25] habibi : yea, will be for bear [2015-11-08 01:01:39] IChTj4OeMavRq6qeIyEb : Murch: Haha [2015-11-08 01:01:49] IChTj4OeMavRq6qeIyEb : habibi: I'm going to have to take the other side of that trade [2015-11-08 01:02:30] IChTj4OeMavRq6qeIyEb : I don't notice the bearishness in the market much at all now like I did before, just low volume [2015-11-08 01:03:22] habibi : IChTj4OeMavRq6qeIyEb: i mean beer :p [2015-11-08 01:03:46] IChTj4OeMavRq6qeIyEb : habibi: Ohh cool. If I could drink it I might spend it on that [2015-11-08 01:05:03] Murch : Why can't you? [2015-11-08 01:05:15] habibi : u don't drink? heathly! [2015-11-08 01:05:47] IChTj4OeMavRq6qeIyEb : I don't drink much but I'm also not old enough to legally [2015-11-08 01:06:52] Murch : oh damn, a youngin [2015-11-08 01:07:10] sleger : i bet most people here have even less than 100btc [2015-11-08 01:07:38] TschavaTschigger : lockhedge: sers [2015-11-08 01:07:42] Murch : Does it look to you like there are people with 100btc trading on here...? [2015-11-08 01:07:59] sleger : yes some [2015-11-08 01:08:30] habibi : yea that 30k liquidation before, guy should have pretty big bag or just all in :p [2015-11-08 01:09:00] sleger : thats only 1.2btc of collateral though [2015-11-08 01:09:35] habibi : yea, for such position i would need at least 50+ btc in bag and great feeling of right position [2015-11-08 01:10:39] Murch : habibi: I guess that's a fair point [2015-11-08 01:11:34] sleger : getting liquidated is not necessarily bad ... [2015-11-08 01:12:53] Murch : You mean due to an opposite position on another exchange? [2015-11-08 01:13:18] sleger : partially, but mostly due to jumps in price [2015-11-08 01:13:56] Murch : Aight guys, I guess the meaning of the universe and everything is 2585 [2015-11-08 01:15:19] zanza : get some sleep murch ! [2015-11-08 01:15:37] sleger : thank you for letting us know about your pupping habit before bed.... [2015-11-08 01:15:46] sleger : some people might be having lunch/dinner... [2015-11-08 01:15:56] habibi : bon apetit then :D [2015-11-08 01:16:53] IChTj4OeMavRq6qeIyEb : zanza: Solid advice [2015-11-08 01:17:04] IChTj4OeMavRq6qeIyEb : Don't want to miss the breakout though [2015-11-08 01:17:26] zanza : revere premium in 24h? [2015-11-08 01:17:29] zanza : reverse [2015-11-08 01:18:41] Murch : Sleep? Wut's dat? [2015-11-08 01:21:22] lockhedge : i guess we won't see much volatility during the weekend, but maybe some aftershock action next week. [2015-11-08 01:21:23] IChTj4OeMavRq6qeIyEb : Murch: Lol [2015-11-08 01:21:41] IChTj4OeMavRq6qeIyEb : I have a feeling lack of sleep played a role in my poor trading yesterday [2015-11-08 01:21:47] lockhedge : just a guess that a lot of traders are jut observing, but prefer to enjoy their weekend after some hard days without much sleep... so cheers guys :) [2015-11-08 01:22:17] floopfloop : lockhedge: you think low or high? [2015-11-08 01:23:08] IChTj4OeMavRq6qeIyEb : I'm done for now. Cya all later [2015-11-08 01:23:12] IChTj4OeMavRq6qeIyEb : Good luck! [2015-11-08 01:25:51] habibi : IChTj4OeMavRq6qeIyEb: good night :) [2015-11-08 01:27:44] podizzler3k : why bitcoin trollin us this weekend [2015-11-08 01:27:45] lockhedge : floopfloop: my mm bot is quoting a quite wide spread, so there's some implied vol, but no idea which direction. that's actually why i'm market making, i'm not good in predicting short term market moves, i'm just core long bitcoin and want to earn the spread. [2015-11-08 01:28:18] floopfloop : ok [2015-11-08 01:28:23] habibi : lockhedge: u using bitmex mm script or ur ones? [2015-11-08 01:28:26] Murch : IChTj4OeMavRq6qeIyEb: cya later man [2015-11-08 01:28:39] podizzler3k : bitmex offeres a mm script? [2015-11-08 01:29:01] floopfloop : podizzler3k: they offer hookers if you know them well enough [2015-11-08 01:29:26] sleger : what's the link between you quoting wide and that meaning there is implied vol ??? [2015-11-08 01:30:18] micmix : lockhedge: hi lockhedge! wanted to ask earlier but haven't seen you around. How did your bot do during that high volatility period? [2015-11-08 01:30:41] podizzler3k : haha nice [2015-11-08 01:32:12] micmix : lockhedge: it's miratrader asking if you forgot my other username :-) [2015-11-08 01:32:14] lockhedge : habibi: started with Sam's python code and still using parts of it. i wrote what a call 'the operator' that monitors other markets, calculates the BIX index, and sets max bid/min ask and max position) [2015-11-08 01:32:33] BitMEX_Arthur : https://www.bitmex.com/app/automatedTradingEngines [2015-11-08 01:32:52] BitMEX_Arthur : There we have a open source market making bot [2015-11-08 01:33:10] BitMEX_Arthur : It is a build on the Liquidbot [2015-11-08 01:33:38] micmix : BitMEX_Arthur: Hi Arthur! Can you answer a question about websocket API? [2015-11-08 01:33:57] habibi : lockhedge: does it only makes offers or close them as well on market? [2015-11-08 01:34:06] BitMEX_Arthur : No I am not the best person for that, I suggest you submit a support ticket with your question and Wally or Sam will help you with that [2015-11-08 01:34:12] lockhedge : micmix: hi, there was a quite hi chance to get liquidated (liq. price at 575) once, but i decides the stay unhedged. result: 193.99% return in 44days, made most of the money during high volatility (high spreads) [2015-11-08 01:34:47] micmix : BitMEX_Arthur: No problem, I'll wait for Sam or Wally [2015-11-08 01:34:51] habibi : lockhedge: and whats the bot bag for operating if its not confidetial [2015-11-08 01:36:17] micmix : lockhedge: Well it's a bit scary to run unhedged if you ask me. Did you add volatility adjustments? I remember you were against that during our discussions this summer. [2015-11-08 01:36:46] sleger : are we talking about the one placing 3500 orders now ? [2015-11-08 01:37:00] lockhedge : habibi: it's very tiny, it's more a research project for now. but it's enough to order a pizza from time to time [2015-11-08 01:37:23] habibi : hm lockhedge so its not the one with 3.5k orders ;p? [2015-11-08 01:37:36] sleger : i guess not [2015-11-08 01:38:08] habibi : lockhedge: btw u know, in bitcoin world two pizza costs 10k btc haha [2015-11-08 01:39:26] lockhedge : micmix: i did some manual adjustments, about once or twice a days during high volatility, but mainly b/c of the premium [2015-11-08 01:44:13] micmix : lockhedge: yeah, all our MM bots adjust for volatility. simulations that we ran show that you should [2015-11-08 01:45:07] micmix : especially if running unhedged [2015-11-08 01:46:31] lockhedge : habibi: yes, retrospectively it's mostly a big mistake to order pizza with bitcoin :) [2015-11-08 01:51:55] lockhedge : micmix: it really depends on your position in the market. volatility does not matter a lot if you 1. have the relative lowest possible latency 2. can afford to quote on best bid/ask most of the time (you should normally be able to afford it with lowest latency if your competitors do not pay lower fees/get rebates) [2015-11-08 01:52:42] micmix : BitMEX_Arthur: do you have a formula for calculating liquidation price for isolated margin position? [2015-11-08 01:56:00] micmix : lockhedge: on many markets you cannot quote on best bid/ask, just look at OKC BTC/CNY. but you can still capture a sizable part of the order flow. here on BitMEX it's completely different with just one big MM [2015-11-08 01:56:41] BitMEX_Arthur : micmix: Assume you are trading the daily, you have 2 XBT, you put a position on of 100 XBT with isolate margin [2015-11-08 01:56:59] BitMEX_Arthur : Now you have 1 XBT tied up as margin, because initial margin req is 1% [2015-11-08 01:57:05] BitMEX_Arthur : The price is $100 [2015-11-08 01:57:17] BitMEX_Arthur : if the price falls 0.50% you are liquidated [2015-11-08 01:57:56] BitMEX_Arthur : So your liquidation price is (1 - Maintenance Margin) * Entry Price because you are long [2015-11-08 01:58:02] BitMEX_Arthur : Or $99.5 [2015-11-08 01:59:45] hashman : hi arthur [2015-11-08 01:59:56] hashman : is there any way to change the email addy on my account? [2015-11-08 02:00:06] hashman : im on proton mail, been down for days due to DDOS [2015-11-08 02:00:19] BitMEX_Arthur : hashman: Send a support ticket, and we will help you with that [2015-11-08 02:00:47] hashman : sure but it will come from a different email addy not associated with my account here [2015-11-08 02:00:55] hashman : cause no way to get in to my protonmail account [2015-11-08 02:01:05] BitMEX_Arthur : Oh, that will be a problem [2015-11-08 02:01:11] hashman : tell me about it [2015-11-08 02:01:13] hashman : :( [2015-11-08 02:01:45] BitMEX_Arthur : How long has protonmail been down? [2015-11-08 02:02:11] hashman : days now [2015-11-08 02:02:17] hashman : they paid ransom but DDOS continues [2015-11-08 02:02:18] hashman : http://www.forbes.com/sites/thomasbrewster/2015/11/05/protonmail-pays-to-stop-ddos/ [2015-11-08 02:03:17] BitMEX_Arthur : Send us a support ticket detailing your problem and we will speak internally [2015-11-08 02:03:25] hashman : ok will do [2015-11-08 02:03:35] lockhedge : hashman: maybe you could prove that you own the initial deposit address. do you still have the private key? [2015-11-08 02:03:46] hashman : yeah probably. [2015-11-08 02:03:56] hashman : I have my 2fa as well [2015-11-08 02:03:57] micmix : BitMEX_Arthur: yep, that part I understand. and maint. margin is number of contracts * 0.00001 * price / leverage, right? [2015-11-08 02:04:16] hashman : will I be unable to withdraw without email confirmation? [2015-11-08 02:04:24] BitMEX_Arthur : Yes [2015-11-08 02:04:27] BitMEX_Arthur : hashman: Yes [2015-11-08 02:04:32] hashman : damn [2015-11-08 02:04:54] BitMEX_Arthur : Send us a mail, we will take a look [2015-11-08 02:05:00] hashman : ok thanks [2015-11-08 02:06:02] BitMEX_Arthur : Total Equity / Current Position Value >= MM or else liquidation [2015-11-08 02:06:18] BitMEX_Arthur : total equity includes realised and unrealised PNL [2015-11-08 02:07:13] micmix : BitMEX_Arthur: Are you stil talking about isolated margin? [2015-11-08 02:09:33] BitMEX_Arthur : That's the more general formula [2015-11-08 02:09:38] BitMEX_Arthur : for isolated margin, everything is fixed [2015-11-08 02:09:53] BitMEX_Arthur : if the position is worth 100 XBT then you need 0.5 XBT in equity or else liquidated [2015-11-08 02:10:12] BitMEX_Arthur : so take the entry position value, multiplied by 1-MM and you get the minimum equity you must have in that position [2015-11-08 02:10:16] BitMEX_Arthur : before liquidation [2015-11-08 02:10:28] micmix : ok [2015-11-08 02:10:39] BitMEX_Arthur : Sorry just MM * Entry Position Value [2015-11-08 02:10:52] BitMEX_Arthur : so 100 XBT * 0.50% = 0.5 XBT [2015-11-08 02:13:55] Murch : Litecoin is looking juicy here too lol.. [2015-11-08 02:15:35] micmix : does realised pnl count toward equity in that position? [2015-11-08 02:23:30] habibi : up or down ? [2015-11-08 02:23:48] BitMEX_Arthur : I need to double check with Wally if realised pnl is held in isolate margin after realised. [2015-11-08 02:25:25] micmix : BitMEX_Arthur: doesn't look so for long term contracts, at least part of the pnl that was earned before last rebalance is not [2015-11-08 02:25:58] Murch : Uh oh we about to blow through this hoe [2015-11-08 02:27:37] habibi : some bull is needed to do one bigger move [2015-11-08 02:30:42] laisee : okc 2600 [2015-11-08 02:33:29] zanza : 24H premium is back [2015-11-08 02:33:44] habibi : not for long i think [2015-11-08 02:46:04] habibi : whats wrong with stamp lol [2015-11-08 02:46:13] habibi : nice dump in crucial moment [2015-11-08 02:58:16] IChTj4OeMavRq6qeIyEb : habibi: China doesn't care it seems. Only a temporary setback [2015-11-08 02:59:49] floopfloop : are any admins on? [2015-11-08 03:00:01] floopfloop : I swear I am missing some contracts I had [2015-11-08 03:00:21] IChTj4OeMavRq6qeIyEb : Damn OKC [2015-11-08 03:01:00] floopfloop : BitMEX_Arthur: you here? [2015-11-08 03:01:08] habibi : IChTj4OeMavRq6qeIyEb: okc and hobi works on breaking [2015-11-08 03:01:15] floopfloop : BitMEX_Wally: you here? [2015-11-08 03:02:31] Murch : IChTj4OeMavRq6qeIyEb: welcome back [2015-11-08 03:02:33] floopfloop : did anyone elses Daily positions just disaspeer? [2015-11-08 03:02:40] floopfloop : disapear* [2015-11-08 03:02:46] IChTj4OeMavRq6qeIyEb : Murch: Hey! thanks [2015-11-08 03:02:56] IChTj4OeMavRq6qeIyEb : How's it going? Broke the pattern of chop? [2015-11-08 03:02:59] habibi : floopfloop: u sure it didnt go into liquid? [2015-11-08 03:03:06] floopfloop : totally sure [2015-11-08 03:03:13] floopfloop : I had a long position at 383 [2015-11-08 03:03:26] habibi : check order history tab [2015-11-08 03:03:32] floopfloop : its not ther [2015-11-08 03:03:37] Murch : hmm broke it a little bit [2015-11-08 03:03:43] Murch : Since it's been going up a little now [2015-11-08 03:04:17] IChTj4OeMavRq6qeIyEb : Murch: Good to hear. That dump just rained on the breakout parade for sure but China doesn't seem to care much which makes me more bullish than before [2015-11-08 03:04:39] IChTj4OeMavRq6qeIyEb : I could be totally off on that though [2015-11-08 03:04:41] IChTj4OeMavRq6qeIyEb : We'll see [2015-11-08 03:04:57] Murch : IChTj4OeMavRq6qeIyEb: Yeah I hope China backs the bull. It's looking better and better thankfully. [2015-11-08 03:05:08] habibi : floopfloop: https://www.bitmex.com/app/tradeHistory here still nothing? [2015-11-08 03:05:41] floopfloop : habibi: there3 we go [2015-11-08 03:05:49] floopfloop : i didnt realize it hit 394? [2015-11-08 03:05:53] IChTj4OeMavRq6qeIyEb : Murch: I find it strange that after such long consolidation lots of people didn't jump on the breakout as an opportunity to buy in [2015-11-08 03:06:18] IChTj4OeMavRq6qeIyEb : That and Finex being totally dead volume wise makes me suspicious [2015-11-08 03:06:19] habibi : it hit, so it closed at top [2015-11-08 03:06:27] floopfloop : habibi: thanks [2015-11-08 03:06:33] Murch : IChTj4OeMavRq6qeIyEb: I know it's weird, I think it'll gain speed soon though. [2015-11-08 03:06:38] habibi : u should see profit in balance tab [2015-11-08 03:07:19] IChTj4OeMavRq6qeIyEb : Murch: That's what I'm hoping for [2015-11-08 03:07:50] IChTj4OeMavRq6qeIyEb : Hmm now OKCoin wants to go down [2015-11-08 03:08:10] IChTj4OeMavRq6qeIyEb : Huobi being as bullish as ever though [2015-11-08 03:09:08] Murch : Never fear, hoobi heer [2015-11-08 03:09:17] habibi : what if someone sold 500 btc @finex and stamp just to take better long position here [2015-11-08 03:09:19] habibi : :p [2015-11-08 03:09:58] Murch : That would be interesting risk management [2015-11-08 03:10:00] IChTj4OeMavRq6qeIyEb : Murch: Haha [2015-11-08 03:10:14] IChTj4OeMavRq6qeIyEb : habibi: I find that unlikely but I guess it's possible [2015-11-08 03:10:36] habibi : IChTj4OeMavRq6qeIyEb: nah, it was a joke :p no single option to make it profitable at all [2015-11-08 03:11:01] IChTj4OeMavRq6qeIyEb : habibi: I can imagine picking up lots more futures contracts on leverage could work [2015-11-08 03:11:13] IChTj4OeMavRq6qeIyEb : But you risk tanking the price against the position you're building [2015-11-08 03:11:40] habibi : yea but at that time dump maybe 15k contracts get opened [2015-11-08 03:12:17] IChTj4OeMavRq6qeIyEb : Looking dire @Murch :( [2015-11-08 03:12:21] Murch : uh oh [2015-11-08 03:12:42] IChTj4OeMavRq6qeIyEb : I have a bit of profit today I'm willing to use to be patient but when China turns bearish I think they decide [2015-11-08 03:13:29] Murch : Yep definitely a wise choice [2015-11-08 03:13:47] IChTj4OeMavRq6qeIyEb : Murch: Also my position is small so I feel safer [2015-11-08 03:14:12] Murch : That's a good strategy, when in doubt reduce size. [2015-11-08 03:14:13] IChTj4OeMavRq6qeIyEb : Not even sure Finex is worth watching at this point it's so dead [2015-11-08 03:17:59] IChTj4OeMavRq6qeIyEb : There's one thing I'm pretty sure of and that's that if this starts going up in a convincing way the FOMO is going to be rapid [2015-11-08 03:18:25] Murch : Now I'm feeling pretty certain that the market is just waiting for the last few to empty their hands before pushing up. [2015-11-08 03:19:02] guest234234 : What is a FOMO? [2015-11-08 03:19:15] IChTj4OeMavRq6qeIyEb : guest234234: Fear Of Missing Out [2015-11-08 03:19:39] IChTj4OeMavRq6qeIyEb : It's when people start to get emotional and take a position because they're scared of missing train [2015-11-08 03:19:52] guest234234 : Ah, I see [2015-11-08 03:20:01] guest234234 : That. [2015-11-08 03:20:54] habibi : so basically everytime when bulls go into work past week :D [2015-11-08 03:22:03] IChTj4OeMavRq6qeIyEb : Murch: I have to go but I may be on later. Adios and good luck [2015-11-08 03:22:17] Murch : IChTj4OeMavRq6qeIyEb: thanks dude cya [2015-11-08 03:32:20] BitMEX_Wally : Morning all [2015-11-08 03:32:40] Murch : BitMEX_Wally: Hey, how's it going? [2015-11-08 03:32:57] AudibleScience : Good morning @BitMEX_Wally [2015-11-08 03:33:09] BitMEX_Wally : Hey guys [2015-11-08 03:33:16] BitMEX_Wally : floopfloop: You had a question? [2015-11-08 03:34:21] AudibleScience : I have a quick question... [2015-11-08 03:35:20] mikeh : do you have to run 2 accounts to go both short and long? [2015-11-08 03:36:24] micmix : BitMEX_Wally: Hi Wally! Just in time for my websocket API question: do you push any event to indicate that a settlement happened? I know I get execType=settlement execution if I had an open position but do you push anything if there is no open position? [2015-11-08 03:38:17] AudibleScience : BitMEX_Wally: Would it be possible to have a more elastic liquidation feature.... like a box one could tick, which would stop the system from liquidating a position? [2015-11-08 03:38:51] BitMEX_Wally : micmix: There is a `settlement` table, see if you can subscribe to that [2015-11-08 03:39:22] micmix : BitMEX_Wally: thanks, going to try right now [2015-11-08 03:39:49] BitMEX_Wally : micmix: Of course, if you subscribe to the `instrument` the state will go `Open` then `Expired` then `Cleared` then `Settled` and then (if re-listing) `Open` [2015-11-08 03:39:54] floopfloop : BitMEX_Wally: I figured it out bud. Price spiked and my contacts sold, then the price fell (all the while not here) and I was confused [2015-11-08 03:40:40] BitMEX_Wally : AudibleScience: You can add more margin to the position [2015-11-08 03:40:41] AudibleScience : BitMEX_Wally: then at settlement, if the account was in a negative balance the trader would have to settle up... but would not get liquidated as a result of high volatility and too little margin equity to absorb it. [2015-11-08 03:42:03] BitMEX_Wally : AudibleScience: We cannot allow traders to go into a negative balance, that basically means DPE for everyone else [2015-11-08 03:42:25] micmix : BitMEX_Wally: thanks, instrument state will work. I checked, you cannot subscribe to settlement table [2015-11-08 03:42:33] kendang : what does DPE mean? [2015-11-08 03:42:41] AudibleScience : BitMEX_Wally: I see... [2015-11-08 03:42:49] BitMEX_Wally : kendang: https://www.bitmex.com/app/dynamicProfitEqualisation [2015-11-08 03:43:25] BitMEX_Wally : Basically if a trader goes bankrupt (negative balance) on a losing position then all the winners have their profits adjusted to pay for the system loss [2015-11-08 03:44:50] micmix : BitMEX_Wally: when you push instrument state `Expired`, do you push the settlement price as well? If you do, what is the field name? [2015-11-08 03:45:04] BitMEX_Wally : `settledPrice` on the `instrument` table [2015-11-08 03:45:25] micmix : BitMEX_Wally: cool, thanks for your help! [2015-11-08 03:45:50] BitMEX_Wally : Although that will come when the state is `Cleared` [2015-11-08 03:46:06] BitMEX_Wally : Which might be a few seconds after expiry, while we wait for the index data from TradeBlock [2015-11-08 03:46:17] AudibleScience : I see... I'll just have to resist trading with larger positions until my account has more equity in it then! ;-) [2015-11-08 03:46:59] micmix : BitMEX_Wally: ok, good, and I can place new orders when the state goes back to Open? [2015-11-08 03:47:08] BitMEX_Wally : Yes [2015-11-08 03:47:20] micmix : BitMEX_Wally: perfect, just what I needed [2015-11-08 03:56:18] floopfloop : China just announced that the CEO of bitcoin is going to set the price at $345 for thanksgiving. Time to put in those sell orders people [2015-11-08 03:58:05] abc123 : The CEO of bitcoin ???? [2015-11-08 03:58:44] floopfloop : abc123: correct. That head honcho [2015-11-08 04:04:11] zanza : Mark Karpales? [2015-11-08 04:04:27] zanza : Karpales-san [2015-11-08 04:05:51] floopfloop : yes thats him [2015-11-08 04:06:07] floopfloop : does Bitmex still use Bitfinex for the exchange settling? [2015-11-08 04:06:41] BitMEX_Wally : floopfloop: No, only for XLT [2015-11-08 04:07:15] BitMEX_Wally : `.XBT` comes from the TradeBlock XBX Index [2015-11-08 04:10:36] floopfloop : BitMEX_Wally: I guess i am getting old lol [2015-11-08 04:10:52] BitMEX_Wally : You're one of our oldest customers :) [2015-11-08 04:15:19] floopfloop : :) [2015-11-08 04:25:42] dorothy490 : BitMEX_Wally: it's impossible to add margin into isolated orders from mobile [2015-11-08 04:26:16] dorothy490 : Icon b is bidding for open orders [2015-11-08 04:26:32] BitMEX_Wally : dorothy490: Ok we'll look into it [2015-11-08 04:27:01] micmix : BitMEX_Wally: BTW, you are exposing sequential account numbers, so it's easy to see how many account are registered here [2015-11-08 04:28:10] dorothy490 : BitMEX_Wally: can you please manually add 0.5 margin into my isolated daily? [2015-11-08 04:28:20] BitMEX_Wally : dorothy490: Ok [2015-11-08 04:28:20] dorothy490 : I'm from mobile [2015-11-08 04:28:44] dorothy490 : Thanks [2015-11-08 04:30:45] BitMEX_Wally : dorothy490: You don't seem to have an open position in `XBT24H`? [2015-11-08 04:31:06] dorothy490 : I have open stop [2015-11-08 04:31:13] podizzler3k : #rekt [2015-11-08 04:31:20] zanza : doh [2015-11-08 04:31:43] podizzler3k : popped ur rekt cherry [2015-11-08 04:31:46] BitMEX_Wally : dorothy490: Unforunately it is not possible to add margin to a position until it is open [2015-11-08 04:31:48] podizzler3k : now youre ready to make money [2015-11-08 04:31:50] dorothy490 : Ok I'll open a poison for 1 contract that should help probably [2015-11-08 04:32:01] BitMEX_Wally : dorothy490: Good idea :) [2015-11-08 04:32:21] dorothy490 : It's possible to add margin into open order, even if your don't have position [2015-11-08 04:33:22] BitMEX_Wally : dorothy490: Well, technically if you have open orders in the book then it is possible [2015-11-08 04:33:34] BitMEX_Wally : But StopLimit orders that are not triggered do not count [2015-11-08 04:34:35] BitMEX_Wally : Basically if `currentQty=0` and `initMargin=0` then you cannot add margin to the 'position' [2015-11-08 04:34:58] BitMEX_Wally : Limit in the book require `initMargin` but StopLimit orders do not require `initMargin` until they are triggered [2015-11-08 04:37:31] BitMEX_Wally : Ok I see you have transferred 0.5 margin in [2015-11-08 05:43:04] Scottv53 : morning Folks [2015-11-08 05:43:46] roymalmberg : Hello Scottv53 [2015-11-08 05:45:26] AudibleScience : Good morning @Scottv53 [2015-11-08 05:53:47] Scottv53 : <g>Hope the markets were behaving [2015-11-08 06:01:59] Scottv53 : roymalmberg: where are we long or short? [2015-11-08 06:03:51] roymalmberg : Scottv53: Depends on where your exit is ;) but I'm probably long at 430 and short at 325 [2015-11-08 06:30:55] AbuAli : its boring today lol [2015-11-08 06:32:33] gaoMex : AbuAli: Wedge formation currently. Going to breakout soon. [2015-11-08 06:47:54] AbuAli : gaoMex: yea waiting for that is boring lol [2015-11-08 07:03:28] roymalmberg : BitMEX_Wally: https://www.bitmex.com/api/v1/trade/byDate?symbol=XBT&startTime=2015-10-30&endTime=2015-10-31 [2015-11-08 07:03:38] roymalmberg : where did the first 4 minutes go? [2015-11-08 07:03:59] roymalmberg : and 29/10 I previously got data to 23:59:59, now its gone [2015-11-08 07:16:03] BitMEX_Wally : roymalmberg: If you use `XBT` as the symbol it will pick the nearest expiring monthly contract, i.e. `XBTZ15` [2015-11-08 07:16:16] BitMEX_Wally : And there were no trades in the first 4 minutes of the day [2015-11-08 07:16:37] roymalmberg : I see, forgot the dot [2015-11-08 07:16:41] roymalmberg : thanks [2015-11-08 07:16:50] BitMEX_Wally : `.XBT` is the underlying index :) [2015-11-08 07:18:03] roymalmberg : Can I select the daily contracts? [2015-11-08 07:18:19] roymalmberg : (trades made) [2015-11-08 07:21:47] BitMEX_Wally : Sure [2015-11-08 07:21:50] BitMEX_Wally : `XBT24H` [2015-11-08 07:27:12] roymalmberg : Awesome [2015-11-08 07:35:53] cekseh : A lil selling going on [2015-11-08 07:35:56] cekseh : =P [2015-11-08 07:43:12] cekseh : Buy are your own peril. not even a dead cat [2015-11-08 07:44:14] cekseh : oo might be a little one here [2015-11-08 07:46:23] IChTj4OeMavRq6qeIyEb : Ouch, that drop. Still positive profit wise for the day but not by much. That's what stops are for [2015-11-08 08:01:01] floopfloop : time for another moonshot [2015-11-08 08:04:55] mikeh : why won't 50x execute, bid and ask at same price [2015-11-08 08:06:31] mikeh : screwed again? [2015-11-08 08:06:55] BitMEX_Wally : mikeh: What's up? [2015-11-08 08:07:19] mikeh : ask and bid were same price for like 30 seconds but wouldn't execute [2015-11-08 08:07:23] mikeh : on 50x [2015-11-08 08:08:08] BitMEX_Wally : Might have been an issue processing updates from the websoket [2015-11-08 08:08:11] mikeh : was 445 @ 395 [2015-11-08 08:08:36] BitMEX_Wally : The trading engine will never publish a crossed book :) [2015-11-08 08:09:08] BitMEX_Wally : The offer has been 23 @ 406.90 for the last 5 minutes [2015-11-08 08:09:25] mikeh : nah there was 445 @ 395 and i matched it [2015-11-08 08:09:51] BitMEX_Wally : I see that offer, it was there from 2015.11.08 08:03:04.214745000 to 2015.11.08 08:03:23.274866000 [2015-11-08 08:09:59] BitMEX_Wally : You submitted your bid at 2015.11.08 08:03:49.681740000 [2015-11-08 08:11:21] mikeh : strange, i clicked on it to issue bid and both were there for ages [2015-11-08 08:12:40] BitMEX_Wally : Strange, I'll see if we need to put stricter checks into the client to tell if the web socket is stale [2015-11-08 09:01:55] Scottv53 : BitMEX_Wally: if had a large order to sell and wanted to be executed immediately and there's a large bid offer that fits my size but at higher price which lies 4 bids below the cheaper ones, I would like to know how does your engine match my order? [2015-11-08 09:02:57] BitMEX_Wally : If the bid is 100 and you submit a sell at 99 then you get the better price [2015-11-08 09:05:17] BitMEX_Wally : If the bids are 98, 99, 100 (say) and you submit a sell order with a limit price of 98 then it will eat down through the bids and there will be trades at 100, then 99, then 98 until you've reached your quantity or price limit [2015-11-08 09:07:41] Scottv53 : what if i put a limit order for 100, what happens too the other bids which are lower i.e. 98, 99.. [2015-11-08 09:08:48] Scottv53 : what if i put a limit order to sell for 100, what happens too the other bids which are lower i.e. 98, 99.. @BitMEX_Wally [2015-11-08 09:09:30] BitMEX_Wally : If there are bids at 98 and 99, and you put a sell at 100 then nothing happens [2015-11-08 09:09:41] BitMEX_Wally : It is not possible to match these trades [2015-11-08 09:10:15] BitMEX_Wally : The bids won't buy above 99 and the offers won't sell below 100 (these are limit orders) [2015-11-08 09:10:37] Scottv53 : understood [2015-11-08 09:16:35] floopfloop : BitMEX_Wally: love the expire timer [2015-11-08 09:23:52] floopfloop : anyone on? [2015-11-08 09:25:09] BitMEX_Wally : floopfloop: Thanks :) [2015-11-08 09:27:16] floopfloop : BitMEX_Wally: np. I look to be in a good position for the settlement time :) [2015-11-08 09:27:41] floopfloop : BitMEX_Wally: Keep up the good work~ [2015-11-08 09:33:36] amirmass : hello [2015-11-08 09:33:49] floopfloop : amirmass: hi [2015-11-08 09:33:58] amirmass : can i ask something? [2015-11-08 09:34:05] floopfloop : NEVER! [2015-11-08 09:34:18] amirmass : lol [2015-11-08 09:34:20] floopfloop : amirmass: whats up [2015-11-08 09:35:09] amirmass : do i need to type the closing price on x100 futures? [2015-11-08 09:35:18] amirmass : or i can close it through the day? [2015-11-08 09:36:14] floopfloop : type the closing price? lol [2015-11-08 09:37:11] amirmass : floopfloop: i cant see anything here cause i didnt deposited anything yet [2015-11-08 09:37:43] floopfloop : well i would do that first and read the guides instead of just asking questions outright [2015-11-08 09:37:45] floopfloop : but thats just me [2015-11-08 09:37:49] amirmass : i mean do i need to decide the closing price along with the position price [2015-11-08 09:37:57] floopfloop : no [2015-11-08 09:38:09] floopfloop : closing price is in top right corner [2015-11-08 09:38:13] floopfloop : err [2015-11-08 09:38:15] floopfloop : closing time [2015-11-08 09:38:24] floopfloop : price is not even determined on this exchange [2015-11-08 09:38:37] floopfloop : check out the guides [2015-11-08 09:38:39] amirmass : floopfloop: what happens if i dont close a x100 trade in a day [2015-11-08 09:38:57] floopfloop : look at the times [2015-11-08 09:39:07] floopfloop : depends on trade you made [2015-11-08 09:39:20] floopfloop : if you dont touch it, it closes at 6am CST [2015-11-08 09:39:30] floopfloop : if you make a trade on the daily [2015-11-08 09:39:36] amirmass : ohh ok [2015-11-08 09:39:49] floopfloop : see for me [2015-11-08 09:39:56] floopfloop : i have long daily [2015-11-08 09:40:02] floopfloop : at 380.81 [2015-11-08 09:40:10] floopfloop : in 2:20 it closes [2015-11-08 09:40:25] floopfloop : that trade is done, and settles at the price unless i sell the trade [2015-11-08 09:40:38] floopfloop : teh guides help [2015-11-08 09:40:58] amirmass : let's say u r happy with ur profit now, and u wanna close it [2015-11-08 09:41:04] amirmass : can u? [2015-11-08 09:41:09] floopfloop : yeah [2015-11-08 09:41:19] floopfloop : prolly take a loss on profit in comparison tho [2015-11-08 09:41:23] floopfloop : trust me [2015-11-08 09:41:26] floopfloop : read the guides [2015-11-08 09:41:36] amirmass : floopfloop: i will [2015-11-08 09:41:36] floopfloop : you shouldnt be asking any questions until you do [2015-11-08 09:41:38] amirmass : thnx buddy [2015-11-08 09:41:42] amirmass : and careful with ur long [2015-11-08 09:41:50] floopfloop : nah not worries [2015-11-08 09:41:54] floopfloop : not worried [2015-11-08 09:41:55] amirmass : ::)) [2015-11-08 09:42:02] floopfloop : im at 380.81 [2015-11-08 09:42:09] floopfloop : been at like 389 whole day [2015-11-08 09:42:26] floopfloop : but thanks [2015-11-08 09:42:44] floopfloop : if you read the guides and have further questions the admins are happy to answer [2015-11-08 09:42:51] floopfloop : but most questions are found in the guides [2015-11-08 09:42:59] floopfloop : they did a really good job [2015-11-08 09:43:07] roymalmberg : BitMEX_Wally: When I download .XBT from the API, what timezone is that data? [2015-11-08 09:43:07] floopfloop : i started trading with 0 xp [2015-11-08 09:43:25] amirmass : floopfloop: ok, thnx a lot buddy, see u when u become a billionare:)) [2015-11-08 09:43:34] floopfloop : i fucked that up already [2015-11-08 09:43:36] floopfloop : oops [2015-11-08 09:43:41] floopfloop : i fcked that up already [2015-11-08 09:43:44] BitMEX_Wally : roymalmberg: All times are in UTC [2015-11-08 09:43:47] floopfloop : cashed in BTC at $5 [2015-11-08 09:44:11] roymalmberg : BitMEX_Wally: thanks, the charts on bitmex, are they dependent on the user settings? [2015-11-08 09:44:12] floopfloop : BTCGuild trader number #6464 [2015-11-08 09:44:23] floopfloop : errr...miner number [2015-11-08 09:44:29] BitMEX_Wally : roymalmberg: In the frontend we show local time, but everything on the API is UTC [2015-11-08 09:44:45] roymalmberg : Thank you [2015-11-08 09:46:59] mikeh : where's the server time? [2015-11-08 09:47:30] BitMEX_Wally : mikeh: The servers are in Dublin [2015-11-08 09:47:49] mikeh : i mean i can see a timestamp on a trade but don't know the current time there [2015-11-08 09:48:02] mikeh : to see how long ago it was exactly [2015-11-08 09:48:28] mikeh : just thought you might have it somewhere [2015-11-08 09:48:36] BitMEX_Wally : I'm not sure I understand the question [2015-11-08 09:48:42] BitMEX_Wally : Timezones are normally given as offsets from UTC [2015-11-08 09:48:53] BitMEX_Wally : So you need to know where you are, and what your offset is from UTC [2015-11-08 09:49:02] BitMEX_Wally : China is UTC +08:00 [2015-11-08 09:49:31] BitMEX_Wally : The last trade on `XBT24H` happened 10 seconds ago [2015-11-08 09:49:36] mikeh : no i just want to know how long ago a trade happened so would be preferable to not have to switch tabs to look up the time there [2015-11-08 09:49:53] BitMEX_Wally : mikeh: The frontend should show all times in local time [2015-11-08 09:49:56] BitMEX_Wally : Your local time [2015-11-08 09:50:29] amirmass : BitMEX_Wally: cant see where i open positions on futures, do i need to deposite btc first to see that? [2015-11-08 09:50:41] BitMEX_Wally : amirmass: Yes, you can't trade for free [2015-11-08 09:50:43] BitMEX_Wally : https://www.bitmex.com/app/deposit [2015-11-08 09:50:55] mikeh : holy crap, its been almost 2 hours since the last 7d trade [2015-11-08 09:51:15] mikeh : that's why i thought it wasn't my timezone :) [2015-11-08 09:51:19] BitMEX_Wally : Ahhh [2015-11-08 09:51:33] BitMEX_Wally : No-one seems to be interested in `XBT7D` today [2015-11-08 09:52:21] lazerdye : We're in the dolldrums... [2015-11-08 09:53:40] dorothy490 : BitMEX_Wally: hey Wally, do you at your team have some Excel file which can calculate liquidation, required margin, possible profit, etc? To plan trads properly [2015-11-08 09:53:54] dorothy490 : I know it could be not official indeed [2015-11-08 09:53:55] mikeh : woot [2015-11-08 09:54:23] BitMEX_Wally : I think we have some pricing spreadsheets https://www.bitmex.com/app/pricingSpreadsheets [2015-11-08 09:54:31] amirmass : which charts u guys watching while trading at bitmex to decide the exact price for a position,? [2015-11-08 09:54:40] BitMEX_Wally : But I don't think that's what you want [2015-11-08 09:54:55] BitMEX_Wally : dorothy490: We are working on adding predicted liquidation price to the order entry controls [2015-11-08 09:55:04] floopfloop : amirmass: none. Up 50% today on bankroll [2015-11-08 09:56:04] micmix : BitMEX_Wally: vwap, lowPrice, highPrice in the instrument table, are those for the current trading session or since the instrument was listed?