I thought I would make a quick response to all of the comments on here. There is a very good reason for change needing to be put in place, which I am happy to explain.
We have seen a number of clients recently sending through thousands of orders with stops and limits at the same price as entry. The reason for these orders being placed is not to make money from trading, but to achieve one thing only - to generate rebates. This practice comes due to the fact that there are now lots of websites around who encourage people to earn rebates...Ignored
It was probably my fault. I came back to the computer and realised price was possibly going to break through the support, yes possibly was the word, so I decided to put a sell stop 5 pips below the price. It took a few seconds to set it up, I looked at the price, it was at the same price, however, I didnít realise it had froze for a few seconds. Clicked on Place and immediately the price jumped 5 pips opened the sell stop and reversed a couple of pips like it usually does when it opens a stop. I continued to add further sell stops a few pips apart and took the profit as price dropped.
This will always happen when your price feed freezes for a few seconds, 2 or 3 times a minutes. Itís not our fault if the price freezes and you get paid anyway for every trade closed whether in profit or not.
Or are you talking about Stop Loss and Take Profit being no more than 2 pips from the open price.