New to this...and stop gap

Hi guys. Just opened a spread betting demo account with £10k. Anyway I was going short and set myself a stop gap which was sitting there nicely. As I'm new to this I sat here glued to my screen but wanted to test this "stop" feature.

Then the price began to creep up and then I saw it go up and above my stop by 15 points! I was thinking "ok when will this stop actually kick in" as I know it sometimes is not always dead on the stop I choose...but it then went 18 points over and still going so in the end I took Manual action and closed it myself.

Is this normall? Is this because its a demo account? I'm worried about doing this for real if my stop gap is not filled although the price went past it by 18 points in the end and I had to take "manual" action!

I have read you have times when it will do this...but I was thinking 1 or 2 points..not 18!

he he - suggest you get a demo account elsewhere. If whoever you with don't fill orders on demo what they gonna do if you trade real money ?? What you trading and who with and equities/fx etc?

Vinnyvagus said:

Hi guys. Just opened a spread betting demo account with £10k. Anyway I was going short and set myself a stop gap which was sitting there nicely. As I'm new to this I sat here glued to my screen but wanted to test this "stop" feature.

Then the price began to creep up and then I saw it go up and above my stop by 15 points! I was thinking "ok when will this stop actually kick in" as I know it sometimes is not always dead on the stop I choose...but it then went 18 points over and still going so in the end I took Manual action and closed it myself.

Is this normall? Is this because its a demo account? I'm worried about doing this for real if my stop gap is not filled although the price went past it by 18 points in the end and I had to take "manual" action!

I have read you have times when it will do this...but I was thinking 1 or 2 points..not 18!

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I find it strange. I've never known a demo to simulate slippage. Often times they will always execute at the price requested.

Jason Rogers said:

I find it strange. I've never known a demo to simulate slippage. Often times they will always execute at the price requested.

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Exactly. The demo is there to get you to trade real money not to put you off. Even on a live account I very very rarely get slippage and maybe 1 or 2 tics - maybe around NFP its different. But I ain't silly enough or brave enough to trade that

Claudia123 said:

But I ain't silly enough or brave enough to trade that

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I'm with you on that one

Hi guys. It was on the AIG and I dont mind saying the demo account has been opened with Capital Spreads. I went short when the price was around 33.84 and set a stop at 34.04. The price started to drop (which is good for me ) and so I then ammended my stop so it was set at 33.74 and the price dropped more so I was able to get in a stop of 33.55 as the prices was around the 33.3 mark. The price then started to go back up and thats when I thought "OK least my stop is at 33.55 and I will still make a profit (as entered at 33.84) and as I say... it went up past the 33.55 and I eventually had to take manual action to close at 33.73!! OK I took a small profit stopping here... but I should have made a bigger profit if my stop took place at the 33.55 I set it at!!

I have all the relevant emails sent to me with the ticket ID saying my stop place had been set etc... so I know for sure it was there. Just worried why it never came into action (and I had to stop manually at 33.73!)