chf crosses

Well, tws was showing quotes on eurchf, but it wouldn't let my orders go through, it just capped them ABOVE the offer. There are a couple of threads about the order capping from tws, it feels nasty indeed when it happens. Had my orders above 1.05 gone through, the loss would have been less painful.

I've complained to IB repeatedly about their idiotic capping algorithm and no one listens. It would not be hard for them to bring up a confirmation box asking if you really, really, really want to submit an order at a particular price, but they refuse to do that. Whoever is responsible for this decision at IB should really ask themselves if they know better than their customers at what prices they should be able to trade at. Because right now IB is saying it knows better than you. And in a fast moving market you cannot control your risk. IB is trying to make it safer to trade but in this case they are just making things more dangerous. Please, I would love someone from IB to come on these boards and justify this price capping decision.
 
I live in Switzerland and trade US exchanges. I haven't drunk in 2 years but I need whiskey right now. :(

Sometimes the market is a really scary place...
 
I live in Switzerland and trade US exchanges. I haven't drunk in 2 years but I need whiskey right now. :(

Sometimes the market is a really scary place...
Congratulations on 2 years. DON'T do it.

No matter what life throws at you, drinking will only compound the pain. It is never a solution.

It has been 23-24 years for me, been through my share of hardships along the way. "flash crash included".

I won't give trading advice, but this I am confident about :)
 
I won't give trading advice, but this I am confident about :)

How come ? Because you just know I am waiting for a free ride ?

A simple advice would be to use stops and sizes wisely. These will allow proper trading and offer protection at the same time.
 
was looking at oanda positions last week, 95% of positions trading at oanda where net long eurchf . Will be interesting to see the fallout from this move in the coming month among various shops and funds.
 
was looking at oanda positions last week, 95% of positions trading at oanda where net long eurchf . Will be interesting to see the fallout from this move in the coming month among various shops and funds.

Well, they paid out, at least in my case. I hope they will survive or I will have the hassle of going to find another shop.
 
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