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Stop loss never reached
Sergio
 Post subject: Stop loss never reached Post rating: 0   New post Posted: Mon 17 Sep, 2012, 21:12 
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Joined: Fri 06 Jul, 2012, 17:26
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Location: Italy, Zanè (Vi)
Hello,

i don't know if this is the right place for this... hope you can help me.
I'm partecipating to this month trader contest.
Today I opened a position on USD/PLN, and few hours later i stopped out with 173.6 losed pips.
The strange thing is that the price never reached the stop, it was very far from it.

Enclose you can find my chart screenshot.

Please, could you verify? this can be very important for my restult.

thanks

Sergio


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SpecialFX
 Post subject: Re: Stop loss never reached Post rating: 0   New post Posted: Tue 18 Sep, 2012, 15:19 
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Joined: Thu 02 Aug, 2012, 00:06
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Location: Portugal, Lisbon
The bid price never reached 3.14 yesterday, but the ask price did, depending on the what type of stop loss order you used then it's normal for the stop to be activated. You can check my August article about spreads for more info:
How to Avoid Being Stopped out when Spreads Widen
 
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