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STOP LOSE DON'T EFFECTIVE???

Postby greggyschandra on 13 May 2008

Dear Admin,
I want to share my experince trading todays, I have sell position in Globe Trade, I get open price is 1.9520, and I am used leverage 400 , so my stop lose level is 1.9545, but why in reality my position closed at price 1.9558???
And I see the price stop when they are running at 1.9525 area, so I used anorther broker to see the price, I am look price is running at 1.9580, but when I check my history my sell position closed at 1.9558
can you tell me, what happen?
thanks for your answer
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greggyschandra
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eToro member since: 28 Dec 2007

Re: STOP LOSE DON'T EFFECTIVE???

Postby FilipZalud on 27 Nov 2008

Yes,

your trade can be closed only on real values, and if trade go over 1.9545 too quickly position will be closed on next value, but not on finish value of 1min graf. You know, you have to check out pip moves if you want to see move, but its not 100% coz each trade platform can hold little bit different values and your trade can be set to pair with another trader inside platform, i.e.
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FilipZalud
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Re: STOP LOSE DON'T EFFECTIVE???

Postby FilipZalud on 27 Nov 2008

And I forgot

dont use x400 lvl if you don't know to trade it in high volatility market. Use just x100.
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FilipZalud
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