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New Cable Thread & Other Pairs

  • #6,661
  • Jul 3, 2024 4:57am Jul 3, 2024 4:57am
Quick question guys.. Why is it when I want to add on to a trade of the same lot size my order cant be filled, it says insufficient funds?
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  • #6,662
  • Jul 3, 2024 4:59am Jul 3, 2024 4:59am
Quoting SlurKing
Quick question guys.. Why is it when I want to add on to a trade of the same lot size my order cant be filled, it says insufficient funds? {image}
it could be higher margin requirement from your broker or even change in leverage although both means the same, this is my answer in my point of view, may differ since I don't know what is your broker and it's tos
  • #6,663
  • Jul 3, 2024 5:02am Jul 3, 2024 5:02am
EJ
Managing positions.
We watch the charts from every angle so you don't have to!!
  • #6,664
  • Jul 3, 2024 5:08am Jul 3, 2024 5:08am
Quoting HiKe945ReDX
{quote} it could be higher margin requirement from your broker or even change in leverage although both means the same, this is my answer in my point of view, may differ since I don't know what is your broker and it's tos
Broker is pepperstone. But even when I enter two trades of same size almost at the same time it still rejects the 2nd order, I have to reduce the lot size or wait for the trade to be in deep profit for me to add
  • #6,665
  • Jul 3, 2024 5:13am Jul 3, 2024 5:13am
Quoting SlurKing
{quote} Broker is pepperstone. But even when I enter two trades of same size almost at the same time it still rejects the 2nd order, I have to reduce the lot size or wait for the trade to be in deep profit for me to add
then you maybe putting more than your required margin in two trades, for me, I use FP markets, to open 1 lots, I need 217 USD with 1:500, I can't open two lots cuz then I would need 234 USD
  • #6,666
  • Jul 3, 2024 5:14am Jul 3, 2024 5:14am
Quoting SlurKing
{quote} Broker is pepperstone. But even when I enter two trades of same size almost at the same time it still rejects the 2nd order, I have to reduce the lot size or wait for the trade to be in deep profit for me to add
If you look along the bottom of your chart, you have 3 postions open and only $16.92 free margin. Unlikely to be enough for a further entry.
you need to know the margin requirements for gold....often higher than currency trading
Its all just one persons opinion
  • #6,667
  • Jul 3, 2024 5:14am Jul 3, 2024 5:14am
I think you are the problem not your broker. I can see balance of $93 and an equity of $163 and you are on gold trades with 0.15 and 0.05 lot size and you want to add again. For your account size, you should be using 0.01 lot size and max of 0.02 for a gold trade
  • #6,668
  • Jul 3, 2024 5:17am Jul 3, 2024 5:17am
Quoting axecap
{quote} If you look along the bottom of your chart, you have 3 postions open and only $16.92 free margin. Unlikely to be enough for a further entry. you need to know the margin requirements for gold....often higher than currency trading
I know on mine i have a different margin when dealing in metals. only 10:1 where as currencies get 50:1. That might be it. Lot sizes are thus smaller.
  • #6,669
  • Jul 3, 2024 5:21am Jul 3, 2024 5:21am
EJ
I will enter another short using this 5 mins chart.
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  • #6,670
  • Jul 3, 2024 5:22am Jul 3, 2024 5:22am
Quoting pedro319
EJ Managing positions.
Impressive the way you read the market, it seems that 104.04 is becoming support, maybe it's better to wait for a break and test?
'In the clearing stands a boxer And a fighter by his trade..'
  • #6,671
  • Jul 3, 2024 5:30am Jul 3, 2024 5:30am
Quoting GOR
{quote} Impressive the way you read the market, it seems that 104.04 is becoming support, maybe it's better to wait for a break and test?
The first position at 174.04 was closed.
Now I have 174.17 and 174.24
We watch the charts from every angle so you don't have to!!
  • #6,672
  • Jul 3, 2024 5:32am Jul 3, 2024 5:32am
Quoting axecap
{quote} If you look along the bottom of your chart, you have 3 postions open and only $16.92 free margin. Unlikely to be enough for a further entry. you need to know the margin requirements for gold....often higher than currency trading
Then answer me this.. how when i enter 2 sell trades same lot only one goes thru, but when i enter buy trade in reverse order is filled, and with the same margin..?
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  • #6,673
  • Jul 3, 2024 5:33am Jul 3, 2024 5:33am
Bitcoin
Collapsing...
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  • #6,674
  • Jul 3, 2024 5:40am Jul 3, 2024 5:40am
Quoting SlurKing
{quote} Then answer me this.. how when i enter 2 sell trades same lot only one goes thru, but when i enter buy trade in reverse order is filled, and with the same margin..? {image}
now you have 2 positions, before you had 3. Talk to your broker. There are too many variables for anyone to be able to help from the info you
are providing
Its all just one persons opinion
  • #6,675
  • Jul 3, 2024 5:41am Jul 3, 2024 5:41am
Guys, let's focus on EURUSD !!

This is not a charity !!
We watch the charts from every angle so you don't have to!!
  • #6,676
  • Jul 3, 2024 5:44am Jul 3, 2024 5:44am
Quoting pedro319
Guys, let's focus on EURUSD !! This is not a charity !!
EURUSD is the only one that matters right and only one you can make money off of
  • #6,677
  • Jul 3, 2024 5:47am Jul 3, 2024 5:47am
Quoting pedro319
{quote} The first position at 174.04 was closed. Now I have 174.17 and 174.24
Since there is no history only a round numbers and fib, wouldn't you rather wait for a structure to break, even in a M1?
'In the clearing stands a boxer And a fighter by his trade..'
  • #6,678
  • Jul 3, 2024 5:50am Jul 3, 2024 5:50am
Quoting axecap
{quote} now you have 2 positions, before you had 3. Talk to your broker. There are too many variables for anyone to be able to help from the info you are providing
I closed all 3 and opened two to illustrate my point. And as u can see, i couldnt put two 0.15 sell trades with the 15$ margin but when i enter buy trade with same margin it goes thru.. what am i missing?
  • #6,679
  • Jul 3, 2024 5:50am Jul 3, 2024 5:50am
Quoting GOR
{quote} Since there is no history only a round numbers and fib, wouldn't you rather wait for a structure to break, even in a M1?
I think he is channel trading.
  • #6,680
  • Jul 3, 2024 5:50am Jul 3, 2024 5:50am
Quoting GOR
{quote} Since there is no history only a round numbers and fib, wouldn't you rather wait for a structure to break, even in a M1?
I like to enter the market at the extremes, never in the middle.
We watch the charts from every angle so you don't have to!!
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