Do you believe brokers hunt your stoploss | Page 7 | Forex Factory

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Do you believe brokers hunt your stoploss

  • #121
  • Jun 9, 2017 8:47pm Jun 9, 2017 8:47pm
Quoting PrinceJ58
{quote} Trust me i will look into it...it affects us all at some point or another...
one of my main points on other threads learning and research , I read a lot of books by well know traders who said put a stop loss I went to brokers seminars and there people said put a stop loss , remember >>>>>> these people worked for the brokers
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  • #122
  • Jun 9, 2017 11:01pm Jun 9, 2017 11:01pm
Inserted Video
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  • #123
  • Jun 10, 2017 12:43am Jun 10, 2017 12:43am
Hi,
it is clear that we are all about it,yes or no.........
stop loss is the killer of your opened trade.
you are not dump when you add stop loss, you are just playing as per the broker rules.
flipping has a good chance to overcome the stop loss defect.
I do not use stop loss in my trading strategy.
I use simple compounding and it is just simple as the flipping method but better than stop loss.
yes , the broker can and will hunt your stop loss.
when you make a trade, your trade specifications are passed to the market as a complete packaged set includes yours trade leverage , tp, stop loss, lot size, broker name , time of trade, ......
if you are a mql4 coding for mt4 or mt5, then you will see so many factors and functions with different variables that the mt4 must have when you open the trade ( as mentioned above and many more ) so the mt4 code if you can do it, then the broker will get it by default with out your objection because when you have accepted his contract to trade you have accepted to expose all of your trades details to the broker and to the bank or banks of the broker showing them all of your trade details...details are the key...

once you open a trade, the price was being collected from a bank or price provider to your broker, for myself, i do not use stop loss, because i know that the giant computers will fulfill the order against my trade depending on my leverage grade, I was before trading on 1:500 then many times i was being kicked out from a good trade by the stop loss, so i decided to change my method, so i reduced my trading leverage to 1:300 and at the same time...NO STOP LOSS AT ALL
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #124
  • Jun 10, 2017 1:22am Jun 10, 2017 1:22am
Quoting CindyXXXX
no i believe the market hunts liquidity and 95% of people think the same way
i had seen one time and i had posted this case here in FF when my broker at that time had went south 500 points to hunt one stop loss of his client account while the other mt4 accounts with other brokers do not show this long shadow line of that bar.....

can you inform me why this shadow line found on my real account for this broker and for other 3 brokers with real accounts i had at the same time were not showing this shadow..?

YES THEY HUNT YOUR STOP LOSS
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #125
  • Jun 10, 2017 1:34am Jun 10, 2017 1:34am
Quoting cindyxxxx
{quote} lol love your logic get a real broker... So one guy punched an 80 year old grandmother in the face who was in a wheel chair and therefore all guys are therefore scum bag assholes i guess.
so, this guy who punched an 80 years old grandmother in her tinny face was not being arrested by the police yet....
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #126
  • Jun 10, 2017 1:56am Jun 10, 2017 1:56am
Quoting Samer1970
Hi, it is clear that we are all about it,yes or no......... stop loss is the killer of your opened trade. you are not dump when you add stop loss, you are just playing as per the broker rules. flipping has a good chance to overcome the stop loss defect. I do not use stop loss in my trading strategy. I use simple compounding and it is just simple as the flipping method but better than stop loss. yes , the broker can and will hunt your stop loss. when you make a trade, your trade specifications are passed to the market as a complete packaged set includes...
it worked for me
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  • #127
  • Jun 10, 2017 1:58am Jun 10, 2017 1:58am
Quoting Samer1970
{quote} so, this guy who punched an 80 years old grandmother in her tinny face was not being arrested by the police yet....
asked for a clean up
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  • #128
  • Jun 10, 2017 2:00am Jun 10, 2017 2:00am
rubbish
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  • #129
  • Jun 10, 2017 2:02am Jun 10, 2017 2:02am
Quoting CindyXXXX
no i believe the market hunts liquidity and 95% of people think the same way

that's why 95% don't win
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  • #130
  • Jun 10, 2017 2:04am Jun 10, 2017 2:04am
thanks mod
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  • #131
  • Jun 10, 2017 2:43am Jun 10, 2017 2:43am
Do you believe broker hunt target profit too? Or, why is target profit not as easily hit compared to stop loss? I believe this is the brokers' edge over retail traders.

I trade a strategy where all my entries into the market is via placing entry orders when a certain price point is reached, and I have both buy and sell orders for the same price point. What I noticed is that for sell orders that are lower than the current market price, they are very readily filled, compared to sell orders that are higher than the current market price. (Similarly, Buy orders that are higher than the current market price are more readily filled than buy orders below the current market price.) And during periods of low liquidity or high impact news release, sell orders that are below current market price tend to be filled at a price even lower (0.1 to a few pips lower) than the price that i had entered for the order to be executed. And when sell orders above market price are being filled, they tend to be filled at a price slightly higher (about 0.1 to 0.5) than the price that i had entered for the trade to be executed. What i am trying to say is that, the market (or your broker) is generally more reluctant to fill sell orders above the current market price compared to sell orders below the current market price. (Similarly, the market is more willing to fill buy orders that are above the current market price compared to buy orders that are below the current market price) This is the "edge" of the market or broker to prevent you from buying low and selling high.

Think about this, sell orders that are below the current market price is equivalent to stop loss being placed for an open "buy" position (so they are more readily filled), while sell orders that are above the current market price is equivalent to target profit being placed for an open "buy" position.

Similarly, buy orders that are above the current market price is equivalent to stop loss being placed for an open "sell" position (so they are more readily filled), while buy orders that are below the current market price is equivalent to target profit being placed for an open "sell" position.
  • #132
  • Jun 10, 2017 2:47am Jun 10, 2017 2:47am
Quoting rpm2008
Do you believe broker hunt target profit too? Or, why is target profit not as easily hit compared to stop loss? I believe this is the brokers' edge over retail traders. I trade a strategy where all my entries into the market is via placing entry orders when a certain price point is reached, and I have both buy and sell orders for the same price point. What I noticed is that for sell orders that are lower than the current market price, they are very readily filled, compared to sell orders that are higher than the current market price. (Similarly,...
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  • #133
  • Jun 10, 2017 2:49am Jun 10, 2017 2:49am
Quoting CindyXXXX
{quote} it was me dumb ass, https://www.youtube.com/watch?v=j3Pe0oUqFkw
yes I know and you were not smart enough to see it
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  • #134
  • Jun 10, 2017 6:27am Jun 10, 2017 6:27am
Quoting rpm2008
Do you believe broker hunt target profit too? Or, why is target profit not as easily hit compared to stop loss? I believe this is the brokers' edge over retail traders. I trade a strategy where all my entries into the market is via placing entry orders when a certain price point is reached, and I have both buy and sell orders for the same price point. What I noticed is that for sell orders that are lower than the current market price, they are very readily filled, compared to sell orders that are higher than the current market price. (Similarly,...

you place pending orders and wondering why limit orders are filled with better slippage then stoporders?
limitorders have always no or positive slippage, stoporders are market orders after prices was reached (and can so be filled with what ever slipüpage is in this moment in the market because of the price move). because price moves often over the stoporder level, its ofcourse often negative slippage, same why limitorders have most of the time positive slippage (with good brokers).
  • #135
  • Jun 10, 2017 5:03pm Jun 10, 2017 5:03pm
thank you

Quoting dukas_trader
{quote} you place pending orders and wondering why limit orders are filled with better slippage then stoporders? limitorders have always no or positive slippage, stoporders are market orders after prices was reached (and can so be filled with what ever slippage is in this moment in the market because of the price move). because price moves often over the stoporder level, its ofcourse often negative slippage, same why limitorders have most of the time positive slippage (with good brokers).
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  • #136
  • Jun 11, 2017 3:35am Jun 11, 2017 3:35am
That's true bc Deutsche bank has been punished for doing that.
  • #137
  • Jun 11, 2017 6:43pm Jun 11, 2017 6:43pm
Quoting hotoil
That's true bc Deutsche bank has been punished for doing that.
allways interesting when brokers do this rubbish
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  • #138
  • Jun 11, 2017 7:33pm Jun 11, 2017 7:33pm
I am not convinced with this practice being done by any of the broker however for the sake of safe side, can we refrain ourselves from mentioning any stop loss then..?
  • #139
  • Jun 11, 2017 8:28pm Jun 11, 2017 8:28pm
Quoting jollypk
I am not convinced with this practice being done by any of the broker however for the sake of safe side, can we refrain ourselves from mentioning any stop loss then..?
Hi jollypk this is a stoploss thread
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  • #140
  • Jun 12, 2017 10:59am Jun 12, 2017 10:59am
Hi all
I don't know if the brokers really hunt the stop losses but a good way to avoid that is by trading the stronger signals on the longer timeframes (daily and above) which requires you to have a bigger stop loss. This way they won't hunt it without being noticed by every professional trader. And if a lot of people notices it then the broker will most probably lose its reputation. It is possible that they hunt it for a few pips if you have a very tight stop loss but I doubt they would hunt a 50 pips SL and above. Maybe not even 30 pips. But you never know.
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