Resolved Question
Is it possible that a broker moves your stop loss?
I have read about people complaining that their broker is "messing around" with their stops, is it possible?
about 1 year ago
Best Answer - Chosen by Voters
It is absolutely normal, that stops get filled with slippage, only the slippage should be reasonable.
When choosing broker, especially ECN one, pay attention to number of liquidity providers. The more liquidity providers broker has, the better stops are filled.
about 1 year ago
* You must be logged in to add comments. Sign In or Join Askpips.com.
Answers (1)
it was call slippage,Definition of 'Slippage'
The difference between the expected price of a trade, and the price the trade actually executes at. Slippage often occurs during periods of higher volatility, when market orders are used, and also when large orders are executed when there may not be enough interest at the desired price level to maintain the expected price of trade.
Slippage is a term often used in both forex and stock trading, and although the definition is the same for both, slippage occurs in different situations for each of these types of trading.
Hope it will be help
Best Regards
about 1 year ago
Source(s):
* You must be logged in to add comments. Sign In or Join Askpips.com.
Resolved Questions in Brokers
- How do market makers make money?
- What is the difference between micro and a mini account?
- If I deposit in a broker amounting for example $5000, can I lose more than that amount?
- Does MetaTrader allow opening of multiple accounts?
- Is there a broker who doesn’t charge clients in a form of “pips per trade”?
Robbins
Stop loss orders are in fact market orders. When market reaches your stop loss price, the broker will execute your order at market price. You will not get a good fill with market price unlike limit order which is "OB" (Or Better) order.
4 months ago
Report it