Hello,
Yesterday I placed a pending stop sell order of the Norwegian Index , cause I assumed he will fall later and the order will be triggered In a downtrend.
Norw25 was at 1087 wenn I placed the sell pending order with price pending at 1084, I also set a take profit at 1078, no stop loss, after placing this order I did other things.
Hours later I checked my account, and saw the order was triggered at (1068!!!!), and closed cause margin stop out and I lost 150%of my position.(Okay, the position 50 cent and I lost 1.56 EUR, not a fortune, it was an experiment)
So I have some questions, maybe someone can help me:
- if I set a stop sell pending order at 1084, is it possible that the price moves so fast down, that the order is triggered at the very bottom at 1068??Please take look at the attachement, the order was triggered exactly at the very bottom of the black 1M bar...
-lets say the sell order was triggered at 1068, my take profit was much higher at 1078 - so the sell order was below the take profit - doesn't that mean, that the order should have been closed immediately after the opening at 1068?
Because it did not - the price moved. up, ( white bar), and the position was closed with balance stop out...
That all sounds a little bit fishy....?
Yesterday I placed a pending stop sell order of the Norwegian Index , cause I assumed he will fall later and the order will be triggered In a downtrend.
Norw25 was at 1087 wenn I placed the sell pending order with price pending at 1084, I also set a take profit at 1078, no stop loss, after placing this order I did other things.
Hours later I checked my account, and saw the order was triggered at (1068!!!!), and closed cause margin stop out and I lost 150%of my position.(Okay, the position 50 cent and I lost 1.56 EUR, not a fortune, it was an experiment)
So I have some questions, maybe someone can help me:
- if I set a stop sell pending order at 1084, is it possible that the price moves so fast down, that the order is triggered at the very bottom at 1068??Please take look at the attachement, the order was triggered exactly at the very bottom of the black 1M bar...
-lets say the sell order was triggered at 1068, my take profit was much higher at 1078 - so the sell order was below the take profit - doesn't that mean, that the order should have been closed immediately after the opening at 1068?
Because it did not - the price moved. up, ( white bar), and the position was closed with balance stop out...
That all sounds a little bit fishy....?