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Problems placing stop loss
 Post subject: Problems placing stop loss Post rating: 0   Post Posted: Thu 07 Jun, 2012, 19:32 

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Joined: Thu 01 Mar, 2012, 17:17
Posts: 42
Hi Support,

I'm trying to run a strategy that places a stop loss as a stop order is submitted, but when the order is filled, I get a message:
"com.dukascopy.api.JFException: Stop loss orders are not allowed on global accounts @ jfstrategies".

As far as I can see the Wiki says nothing about stop loss orders not being allowed, the strategy isn't intended for any of your competitions, and I've made sure the price is divisible by 0.5 pips and the order isn't updated more than once a second. I'm sure I've missed something, but what is it?

Many thanks for your help,

Bunyip


 
 Post subject: Re: Problems placing stop loss Post rating: 0   Post Posted: Fri 08 Jun, 2012, 15:39 
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Joined: Fri 31 Aug, 2007, 09:17
Posts: 6139
It is not allowed to use stop loss with global accounts.


 
 Post subject: Re: Problems placing stop loss Post rating: 0   Post Posted: Thu 09 Aug, 2012, 05:25 

User rating: 7
Joined: Wed 11 Jul, 2012, 11:16
Posts: 34
What exactly do you mean by "global account"?


 
 Post subject: Re: Problems placing stop loss Post rating: 0   Post Posted: Thu 09 Aug, 2012, 09:46 
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A global account is a non-hedge mode.

In non-hedge mode: 1.0 MIO BUY EUR/USD and 1.5 MIO SELL EUR/USD positions will look like a 0.5 SELL EUR/USD position


 
 Post subject: Re: Problems placing stop loss Post rating: 0   Post Posted: Thu 09 Aug, 2012, 10:52 

User rating: 7
Joined: Wed 11 Jul, 2012, 11:16
Posts: 34
I understand. I'm currently in DEMO and it won't allow me to put a stop loss in. How do I get out of a global account, or more specifically, choose what type of account I have?


 
 Post subject: Re: Problems placing stop loss Post rating: 0   Post Posted: Fri 10 Aug, 2012, 09:01 
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imorris2012 wrote:
How do I get out of a global account, or more specifically, choose what type of account I have?
Register a JForex DEMO account here:
https://www.dukascopy.com/swiss/english/forex/demo_fx_account/


 

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