Stop loss

Johnnysportster · Mar 28, 2009

I'm entering my second week of trading a demo account with MetaTrader and feeling my way around using various strategies. I've been trying to put a 50 pip stop loss on my trades, but when enter, all I get is a message that says "Invalid"! Anyone got any clues as to what I'm doing wrong?

yacarob1 · Mar 28, 2009

Maybe you need to add on a certain number of decimal points to make it valid.

ie. instead of 50 you may need 4 decimal points... so 50.0000

Just a thought although if this was the case you should be prompted to include the decimal points.

Johnnysportster · Mar 28, 2009

Thanks

yacarob1 said:
Maybe you need to add on a certain number of decimal points to make it valid.

ie. instead of 50 you may need 4 decimal points... so 50.0000

Just a thought although if this was the case you should be prompted to include the decimal points.

Thanks for the advice, I'll give it a shot when the market opens on Monday.

TheBramble · Mar 29, 2009

Give a specific example of what the price was on entry and what price you were trying to set as a stop loss and what the price was at the time you were trying to set the stop loss.

TheBramble · Mar 29, 2009

luckytrader711 said:
For this kind of information I suggest you to go to Busi.com

They only trade eminis so how is that going to help our friend with his MetaTrader problem?

fibosignals · Mar 30, 2009

Johnnysportster said:
I'm entering my second week of trading a demo account with MetaTrader and feeling my way around using various strategies. I've been trying to put a 50 pip stop loss on my trades, but when enter, all I get is a message that says "Invalid"! Anyone got any clues as to what I'm doing wrong?

Hello, can you please provide numbers or a screenshot? Normally there is no problem changing the orders to include a stop loss in MT. It is as easy as selecting "modify or delete order" and entering 50 in teh level field. Do not forget to click on the copy as field and press the big "modify" button at the bottom of the mask.
Maybe you have the wrong numberformat?
Regards

jeffsmith · Apr 15, 2009

Yes I use stop loss and according to me fundamentally the stop loss mitigates a convinced gauge of peril while maximizing your venture returns. Anything that mitigates speculation risk at the same time as allowing a depositor to create potentially explosive returns is a huge thing.

Stop loss

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