Hi folks,
I have an important basic question to the community:
Sometimes I got stopped out even the trade would have been a winner.
Problem example:
Sell order around recent swing high, let's say 1.0040, stoploss above the swing 1.0065.
Price is turning against me and I got stopped out at 1.0060 eventhough my stop is at 1.0065 and the candle did not reach my stoplevel!
The reason of why this happens should be, because my stoploss is nothing other than a limit buy order which got filled by current ask price. If the spread is 5 pips, that would make sense.
the problem is: if I pay the spread to enter the trade and then got stopped out on a short trade buy ask price, I would have to consider the spread twice for one trade (?). This corrupts my whole moneymanagement :-(
Do I miss something on that one?
How do you guys deal with that issue?
Thanks a bunch for feedback,
Roman
I have an important basic question to the community:
Sometimes I got stopped out even the trade would have been a winner.
Problem example:
Sell order around recent swing high, let's say 1.0040, stoploss above the swing 1.0065.
Price is turning against me and I got stopped out at 1.0060 eventhough my stop is at 1.0065 and the candle did not reach my stoplevel!
The reason of why this happens should be, because my stoploss is nothing other than a limit buy order which got filled by current ask price. If the spread is 5 pips, that would make sense.
the problem is: if I pay the spread to enter the trade and then got stopped out on a short trade buy ask price, I would have to consider the spread twice for one trade (?). This corrupts my whole moneymanagement :-(
Do I miss something on that one?
How do you guys deal with that issue?
Thanks a bunch for feedback,
Roman