<p>I haven't actually looked at the code but this would be my best guess. </p>

<p>When you place a limit order, your order bid/ask is placed into a queue for that price. When the <a href="http://www.investopedia.com/terms/i/insidequote.asp" rel="nofollow">inside price</a> equals the price of your limit order, it will be executed and removed from the queue. </p>

<p>If what your saying has happened then either you made a mistake in placing the order or mtgox's system has a bug. </p>

CC BY-SA 3.0
2013-10-30T09:15:00.673Z
I didn't make a mistake. I think it's a bug with their javascript interface and they are trying to wriggle their way through not compensating me
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CC BY-SA 3.0
2013-10-28T19:37:38.397Z
2013-10-28T19:37:38.397Z
Loourr
<p>MtGox has market orders and non-market orders. From what I know, market orders will execute at the current market price whereas the non-market order will execute only at the price that I have set (or a better price).</p>

<p>I have set a non-market order to sell my coins at $183.44/BTC. However, when I look at my logs, the coins were sold for $181.11002.</p>

<p>I've tried to approach MtGox staff but they are simply beating about the bush. Can someone explain why were the coins sold for a price lower than the price set?</p>

CC BY-SA 3.0
2013-10-29T10:46:17.643Z
When would fees be deducted from your transaction? Is it perhaps just  traded at correct amount less trading fee?
Murch
CC BY-SA 3.0
2013-10-30T09:13:40.277Z
@Murch, nope the logs are very clear about that. The fees are only deducted after the trade. And the trade occurs at $181.11002
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<mtgox><trading>
How does MtGox Limit sell work?
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# How does MtGox Limit sell work?

(Asked by: username_0 on 2013-10-28)

MtGox has market orders and non-market orders. From what I know, market orders will execute at the current market price whereas the non-market order will execute only at the price that I have set (or a better price).

I have set a non-market order to sell my coins at $183.44/BTC. However, when I look at my logs, the coins were sold for $181.11002.

I've tried to approach MtGox staff but they are simply beating about the bush. Can someone explain why were the coins sold for a price lower than the price set?

**Tags:** mtgox, trading

> **Comments:**
> **username_1**: When would fees be deducted from your transaction? Is it perhaps just  traded at correct amount less trading fee?  
> **username_0**: @username_1, nope the logs are very clear about that. The fees are only deducted after the trade. And the trade occurs at $181.11002  

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## 1 answers

### Answer by username_2 on 2013-10-28. Score: 0

I haven't actually looked at the code but this would be my best guess.

When you place a limit order, your order bid/ask is placed into a queue for that price. When the [inside price](http://www.investopedia.com/terms/i/insidequote.asp) equals the price of your limit order, it will be executed and removed from the queue.

If what your saying has happened then either you made a mistake in placing the order or mtgox's system has a bug.

> **Comments:**
> **username_0**: I didn't make a mistake. I think it's a bug with their javascript interface and they are trying to wriggle their way through not compensating me  

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