Novel use of Moving Averages

This is a discussion on Novel use of Moving Averages within the Trading Systems forums, part of the Methods category; erm the compulsory stop loss is for your own protection.. you can bang a stop as far away as you ...

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Old Jan 25, 2005, 5:31pm   #31
 
FetteredChinos's Avatar
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FetteredChinos started this thread erm the compulsory stop loss is for your own protection..

you can bang a stop as far away as you want from the current price.. 500pts should do you!!

i would be very careful in trying to trade these live...

the drawdowns are humungous if you arent careful and filter the entries...

FC
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Old Jan 26, 2005, 1:39pm   #32
 
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Sorry, I should have said Capital Spreads don't allow you to determine your own stop loss, it's set at some arbitrary figure determined by them.
Their Demo account I tried set the stop loss automatically at 80 points, which I feel is overly restrictive.

Who do you use FC?
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Old Jan 26, 2005, 1:47pm   #33
 
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oh yes they do

spongebob75

CS automaticallyy set a stop but once it is set you are free to change it. Like all SB companies there is a limit on how close they will allow you to place ot the stop to the current price.

don't know if this works on the demo site.
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Old Jan 26, 2005, 1:53pm   #34
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Quote:
Originally Posted by spongebob75
Capital Spreads don't allow you to determine your own stop loss
They certainly wouldn't have many customers if that were true. There's a long thread here called "Capital Spreads" in which their Managing Director answers many questions in detail about how their platform works, etc. A long read, but very highly recommended:-

http://www.trade2win.com/boards/showthread.php?t=6721
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