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Attachments: My stop loss was executed. Was it the spread?
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My stop loss was executed. Was it the spread?

  • Post #1
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  • First Post: Edited Mar 5, 2014 3:55am Mar 4, 2014 4:41pm | Edited Mar 5, 2014 3:55am
Hello,
So i have recently started live trading with fxopen.net, by openning an account as small as $10 just to test the waters before jumping in with serious capitals,

So, i placed a trade with stop loss, go away and come back only to find my trade has stopped out. The odd thing? the market never reached my S/L price
I have uploaded a picture, At first i thought this was just an error with my charts or something so i decided i make my stops less strict and the problem be solved.
Today however the situation happened again with gold, giving me 55 pips loss where i could be in profit right now. I was stopped out at 1340.90 where in my 1 minute chart, i don't see any candle going over 1340.30
Attached Image (click to enlarge)
Click to Enlarge Name: 3.png Size: 84 KB
Z12, you were stopped out by the normal spread as 55 points doesn't really qualify as slippage. No need to send a support ticket as this is normal.
You are right, I don't know what i was thinking last night. But i definetely feel like an idiot right now
Thanks
Hello all

I am new and can't open questions, so I am soorry.

I want to ask why is my spread sometimes bigger then promised?
Is my broker stilling from me?
Quoting Spirsfink
Hello all I am new and can't open questions, so I am soorry. I want to ask why is my spread sometimes bigger then promised? Is my broker stilling from me?
Best thing to do is change your broker.
Quoting Spirsfink
Hello all I am new and can't open questions, so I am soorry. I want to ask why is my spread sometimes bigger then promised? Is my broker stilling from me?
Sorry, and who is your broker? Just interest
When you take short, include the spread in your stop loss, for me, i'm usually put my SL above resistance area, around 1-3 pip + spread
Quoting polystrenema
When you take short, include the spread in your stop loss, for me, i'm usually put my SL above resistance area, around 1-3 pip + spread
So many people, so many opinions...
Quoting aneah
{quote} So many people, so many opinions...
yeah, they have their own brain and mind, havent they?
Quoting polystrenema
{quote} yeah, they have their own brain and mind, havent they?
At least, not everyone has brain )))
But I like your opinion about place of SL
Quoting polystrenema
{quote} yeah, they have their own brain and mind, havent they?
At least, not everyone has brain )))
But I like your opinion about place of SL but not for every TFs
Quoting aneah
{quote} At least, not everyone has brain ))) But I like your opinion about place of SL but not for every TFs
Depending on what kind of trader you are,
  • Post #13
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  • Last Post: Apr 3, 2014 11:02am Apr 3, 2014 11:02am
Quoting polystrenema
{quote} Depending on what kind of trader you are,
Yeah!)))) +1
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