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| Query regarding Stop Loss |
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grandpost
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| Post subject: Query regarding Stop Loss |
Post rating: 0
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Posted: Fri 10 May, 2013, 22:13
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User rating: 0
Joined: Fri 09 Mar, 2012, 07:23
Posts: 7
Location: EgyptEgypt
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I made a trade Cad/jpy buy and set sl, tp to maximum and the trade closed in 2 pips Stoploss. And wrote on my blog that I set the Stoploss to 2pips. Now I am wondering even if I did make a mistake with writing the numbers in stoploss, how come it accepted me setting a 2 pip stoploss. If the rules are 10 pip max. Stoploss. Or am I confused?
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jlongo
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| Post subject: Re: Query regarding Stop Loss |
Post rating: 0
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Posted: Sat 11 May, 2013, 08:01
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User rating: 94
Joined: Mon 06 Feb, 2012, 12:22
Posts: 357
Location: Portugal, Castelo Branco
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Hi grandpost:
The most probable is you have placed the SL more than 10 pips above the price... and the order was closed just when filled... the two pips you have on SL it's the spread at the moment of the order placement. That happened to me some times when setting wrong SL.
Trade well
JL
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