Is it worth your time to contest a non-executed order
Hey all, I had an order pending to sell the Eur/USD over the weekend. When I opened my account today, I noticed that the price had crossed over my desired price which should have executed the order, but didn't. I have attached a screenshot. This has happened to me in the past and all they say is that there was not enough liquidity. Fine, but I have also lost trades in similar circumstances. So it seems like they find a way to have liquidity around when the trade goes against me, but not enough when it is in my favor!!
My question is, how often do you guys contact the broker to dispute something like this? And in what circumstances would you open a case/audit within your brokers outfit?
I personally don't contend against these instances, but I know plenty of traders that do. The best thing is to read the Terms of Agreement to see what their policy is regarding pending orders and liquidity.
Get over it, it's one out of a millions of trades you will take in your life (if you stay with trading).
Accept that sometimes there is no liquidity in the markets.
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