Hi,
Just wondering why you are out for the day?
Was your profit target hit? You max loss hit? Other plans, or just not liking the market action?
I have a bad habit of ceasing to trade after a winner, cause I dont want to risk loosing the profit I have. Just wondering about this logic...
Hmmm.....shoook out. I have to remind myself that once the trade is at b/e, there is no risk, so should let it run, at least till it hits some s/r levels.
Ahhh, yes, I was not getting it. I did NOT have a sell stop as a target, because a sell stop can only be below the market. I had a sell limit, hence why I got filled at my exact price.
Thanks.....
Sure. I use sell and buy stops to enter long or short. And use the same for targets and stops, but I always seem to get slippage when my stops are hit, but never when my targets are. Makes me wonder.....
So if I had my target order a stop, instead of a stop limit, there would have been slippage.....but the good kind??
Ok, thanks JD, think I got it.
Good trading...
Hi guys.....
Was long from .67, target .90, stop .20. Well, it blew though my target, but what I want to know is why do I get filled exactly at .90, yet when its a stop loss it would be massive slippage??
Thanks very much....
Had a sell stop sitting at 1139.25 and at the open, I get filled to find a full point lower!! Never have I had slippage this bad. Is this normal, or should I question IB??
THanks