Beach Runner
Active member
- Messages
- 128
- Likes
- 2
Interesting to read your comments, smallfry.
Thanks.
Thanks.
FinSpreads
- Thread starter Col_Stiffler
- Start date
- Watchers 5
Finspreads & Stops
This has happened quite a bit to me recently (one day it happened 3 times on separate shares!!!) were a stop loss has been triggered when the price is nowhere near the stop loss.
They always apologise and put the tade back on but it's getting a bit of a pain
If it happens much more i will probably pack them in.
Is this common with Finspreads ?
Iain
This has happened quite a bit to me recently (one day it happened 3 times on separate shares!!!) were a stop loss has been triggered when the price is nowhere near the stop loss.
They always apologise and put the tade back on but it's getting a bit of a pain
If it happens much more i will probably pack them in.
Is this common with Finspreads ?
Iain
Having a nasty, suspicious nature, I believe that FS, along with all SB companies have such sophisticated software that they can tell where most of their clients have their stops. This means that I have seen the price flash up or below certain levels in a milisecond. There is no way that anyone could open a trade but those in there find themselves stopped out.
Consequently, I do not use stops too close. Probably I am going to be told that this is a dangerous strategy. All I can say is that I trade at, what I consider to be, a safe level of £/Pt.
On the other hand, I have used closing stops on the profitable side and had pleasant surprises. Not too many, I admit, because I place them a fair distance to make getting stopped worthwhile.
What I would like to hear from you guys is, that I am too suspicious but I have an idea that you will not convince me. I do not think that it is a good idea to have stops unless they are very, very deep .
Split
Consequently, I do not use stops too close. Probably I am going to be told that this is a dangerous strategy. All I can say is that I trade at, what I consider to be, a safe level of £/Pt.
On the other hand, I have used closing stops on the profitable side and had pleasant surprises. Not too many, I admit, because I place them a fair distance to make getting stopped worthwhile.
What I would like to hear from you guys is, that I am too suspicious but I have an idea that you will not convince me. I do not think that it is a good idea to have stops unless they are very, very deep .
Split
