Dislikedhey Mike,
Big Hi..
1 doubt..
i took this sell trade..but im not able to put my stop loss..it says INVALID..how come?..
also u see the current bar price is underneath my take entry level..still its showin -9 $
wats gng on with this?Ignored
You should be able to put a stop in, I don't use MT4 but double check your numbers. If you are trying to put a stop loss to close to current price it might not let you. But if you want to place it above the high of that bar it should be no problem. The reason you are down money is b/c you are paying for the spread. So if the spread is 5pts, price must move 5pts from your entry into your favor just to cover that spread alone.
Yabba dabba doo
Mike