Stop Loss is not a financial loss 23 replies
Ea for take profit and stop movement based off risk(stop loss) 13 replies
Stop Loss vs. Hidden Stop Loss 26 replies
Who is best ? stop loss or trailing stop 46 replies
Stop Loss and Trailing Stop 0 replies
Disliked{quote} Whatever it is, you cannot protect yourself in such situation. No one is trader who do not use stop loss but everybody is looser even if you use it in high voltage panic situation in the markets. There is stop-loss guarantee is needed. But I am not so sure which broker offer it. Since Alpari and Nzd based broker has closed Fx operations and others like FXCM etc. are still calculating the exact loss they suffered. But as i know bank never use stoploss for trading since they have huge funds to manage the markets. what is down today will be...Ignored
DislikedOf course stops are meaningful. Why they werent honored in this case is because there werent enough buyers. There were probably a handful of people with standing buy orders within a 100 pip region but after that on the way down there is no one but maybe a few knife catchers and algos. Everyone was selling, and maybe only a handful were buying. Unfortunately this means some stop orders wont be filled. Of all the major pairs this one was most likely to go. Even if the Euro breaks up I doubt it would cause a 5000 pip move. Point Im making is this was...Ignored