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kxaddict

Original Poster:

258 posts

233 months

Friday 10th October 2008
quotequote all

I placed a Short on Wall Street Daily earlier at point 1, got cut off at point 2, yet the stop was at point 3.
Price sold at 8649/SL was 20pts at 8669 yet it only hit 8665 (which was where I was cut)
Spoke to a woman on the phone from IG, and got nowhere!


All that happened in around 5 Seconds, what a day!

Edited by kxaddict on Friday 10th October 21:54


Edited by kxaddict on Friday 10th October 22:02

kxaddict

Original Poster:

258 posts

233 months

Friday 10th October 2008
quotequote all
Hmmm, It's difficult to see
Point 1 - 8649(bet placed)
Point 2 - 8665
Point 3 - 8669(Stop set at)

I know this is mid price, but still with a spread of 2pts - It only covers 8667.

Price 5 minutes later was 8400! smash

Boris.

440 posts

243 months

Friday 10th October 2008
quotequote all
why did you put your stop so close on one of the most volatile days ever?!? Hope it was only small stakes

shadowninja

80,158 posts

313 months

Saturday 11th October 2008
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Learn to use candles. That only shows the close price. There could have been a high that spiked your stop. And yes, tight stops are deadly in such markets.

okgo

42,325 posts

229 months

Saturday 11th October 2008
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Had a similar problem the other day, I set my order to open at 91 and by the morning that had changed to 100, so I missed ten pips...

shadowninja

80,158 posts

313 months

Saturday 11th October 2008
quotequote all
okgo said:
Had a similar problem the other day, I set my order to open at 91 and by the morning that had changed to 100, so I missed ten pips...
Hey, you have mail (because I don't have your mobile number for some reason). Coming tomorrow?