Do you believe brokers hunt your stoploss | Page 17 | Forex Factory

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Do you believe brokers hunt your stoploss

  • #321
  • Sep 20, 2017 7:47pm Sep 20, 2017 7:47pm
Quoting NorthernFX
If you're with an unbelievably crap broker then ye maybe. Ironically the people who complain the most about this are the people trading micro lots. I can't find the video on YouTube but I watched an interview with a fund manager who said when you're thinking of buying and selling, put the buy/sell order where you was thinking of putting your stop and see what happens. I never tried it but would be interesting.
thank you for your comment
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  • #322
  • Sep 27, 2017 11:46pm Sep 27, 2017 11:46pm
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  • #323
  • Sep 28, 2017 1:10pm Sep 28, 2017 1:10pm
I think they do,but a broker will not follow one stop loss , brokers know where a great amount of stop losses are, they have their own strategies to hunt them, i talked about the hunting stop strategy in my blog,it is a fact , but what other traders don't understand is that the broker doesn't know you in person, the broker hunts stop loss in a an area where there are lot of orders, if your stop loss is there, you will be stopped out .
  • #324
  • Sep 29, 2017 7:49pm Sep 29, 2017 7:49pm
Quoting Paul120
I think they do,but a broker will not follow one stop loss , brokers know where a great amount of stop losses are, they have their own strategies to hunt them, i talked about the hunting stop strategy in my blog,it is a fact , but what other traders don't understand is that the broker doesn't know you in person, the broker hunts stop loss in a an area where there are lot of orders, if your stop loss is there, you will be stopped out .
thank you for your comment
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  • #325
  • Oct 5, 2017 9:50pm Oct 5, 2017 9:50pm
seems the brokers are paying people to endorse how good a stop loss is , we must be hurting them
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  • #326
  • Oct 23, 2017 7:48pm Oct 23, 2017 7:48pm
Quoting Aussi
seems the brokers are paying people to endorse how good a stop loss is , we must be hurting them
love this
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  • #327
  • Jan 1, 2018 5:29pm Jan 1, 2018 5:29pm
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  • #328
  • Jan 1, 2018 6:22pm Jan 1, 2018 6:22pm
I don't think it's the brokers, I think it's the market as a whole. When I get stopped out, I just assume my entry level wasn't quite right.
  • #329
  • Jan 3, 2018 5:07am Jan 3, 2018 5:07am
The whole market wants your SL.
The big guys want to buy low and putting an SL under support areas gives them exactly that opportunity. We provide the liquidity.
  • #330
  • Jan 3, 2018 6:14am Jan 3, 2018 6:14am
Stop loss = (account) death by a thousand cuts
  • #331
  • Jan 3, 2018 1:12pm Jan 3, 2018 1:12pm
I do not think that broker hunt stop loss. Big elephants know where the stop loss is. By hitting the stops, they clear the road. These stops are traffic for them. Another thing is most traders do not know where to place stop. You can't place your stop whimsically.
  • #332
  • Jan 3, 2018 1:19pm Jan 3, 2018 1:19pm
Tip:

Serious market makers dont trade with stop!

Are there alternative ways to Trade without stop?
  • #333
  • Jan 3, 2018 2:15pm Jan 3, 2018 2:15pm
This is a tough question because no one really knows what's going on behind closed doors at these brokers.

That being said, if you're trading with a market maker/B-Book Broker, it is certainly in their interests for your SL to get hit regardless of if they are SL hunting or not. When you have a large losing trade and that SL gets hit, there's likely a little celebration going on in these broker offices.

Don't trade with a broker that wants to see you lose. Trade with an ECN Broker only.

Just my 2 cents.

Cheers,
Piplife
  • #334
  • Jan 3, 2018 2:33pm Jan 3, 2018 2:33pm
Quoting thepiplife
This is a tough question because no one really knows what's going on behind closed doors at these brokers. That being said, if you're trading with a market maker/B-Book Broker, it is certainly in their interests for your SL to get hit regardless of if they are SL hunting or not. When you have a large losing trade and that SL gets hit, there's likely a little celebration going on in these broker offices. Don't trade with a broker that wants to see you lose. Trade with an ECN Broker only. Just my 2 cents. Cheers, Piplife
Either Trade with no stop Or know how to Measure risk for reward and place stops properly with minimum 100 pips stop loss. This can be done with practice only. Same kind of habit as habit of trading with stops (which is a loser mentality)

Having said that I am fortunate to trade with 2 of the best brokers around where my stop was within 3pips of being hit but was not taken out by my broker...most broker software can be easily manipulated within 3pips to take out a position (for those who dont know this is basic knowledge.
  • #335
  • Jan 15, 2018 3:59am Jan 15, 2018 3:59am
Quoting DonFF
{quote} Either Trade with no stop Or know how to Measure risk for reward and place stops properly with minimum 100 pips stop loss. This can be done with practice only. Same kind of habit as habit of trading with stops (which is a loser mentality) Having said that I am fortunate to trade with 2 of the best brokers around where my stop was within 3pips of being hit but was not taken out by my broker...most broker software can be easily manipulated within 3pips to take out a position (for those who dont know this is basic knowledge.

thanks donff
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  • #336
  • Jan 17, 2018 9:21am Jan 17, 2018 9:21am
EURCAD just now
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  • #337
  • Jan 17, 2018 9:32am Jan 17, 2018 9:32am
Quoting rosalieone
EURCAD just now {image}
lol, i was watching this too, i guess the market makers decided to do a drama today
  • #338
  • Jan 17, 2018 10:00am Jan 17, 2018 10:00am
Not only brokers, but the people with the money driving the market. Look at it from their point of view, when you place a stop loss, they can see it. You have just showed your hand! What better way for them to manipulate the market and take your money? You might as well just deposit it in their account and save time.
Perhaps the next logical question is ,how do we prevent/bypass this?
IMHO alerts where or near where you would place your stop loss(es). Yes, this can be a PITA to have to be constantly standing by at the ready to trade when your alert is hit. I am open to other suggestions.
Happy Trading,
Bushido123
  • #339
  • Jan 17, 2018 10:03am Jan 17, 2018 10:03am
The problem with the question asked is that it leads to a somewhat incorrect conclusion.

Firstly we have to look at the bucket street brokers who are blatantly cheating and manipulate there offer and bid to Hoover up as much of there clients money.these are more often operating outside the more regulated countries such as the UK.if you stay away from the crooks your left with a broker who is not manipulating the feed and trading to take your stops.

These regulated brokers feeds are fairly concistant across the board.

The problem being .intraday and shorter time horizon positions are placed with similar restraints both regarding time and price.keeping it short these basic facts create large clusters of orders above price and below price.a simple calculation incorporating the relevant time horizons clearly indicate these areas of interest both as a participant and interest in exchanging.unfortunatly most retail are unaware of these zones and are infact adding to it.
Price will always consume these sitting orders in it's normal days work matching clients for the main purpose of exchange not speculation and hence retail gets eaten up in this.your brokers is merely matching orders within his own book only ever sending these to market if they have in balance dependant upon the risk they are governed by.so don't blame your broker understand the market and why it behaves the way it does.
  • #340
  • Jan 17, 2018 11:32am Jan 17, 2018 11:32am
just to mention it was the same like that in 5 of my brokers.
For once its a hft shit
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