Ok here's probably a classic newbie question:
I understand that news events make currencies very volatile. In my demo account this hasn't had any averse effects on the maintenance of my stop limits - which could be placed anywhere from 1 day to 15 minutes prior to a big news event . If the news went against my bet, the stop limit was triggered.
My question: how does this work out on live accounts. I know that placing an order will be difficult immediately following a news event. But what about missed stop triggers. Do they often happen on live accounts shortly after news events?
I understand that news events make currencies very volatile. In my demo account this hasn't had any averse effects on the maintenance of my stop limits - which could be placed anywhere from 1 day to 15 minutes prior to a big news event . If the news went against my bet, the stop limit was triggered.
My question: how does this work out on live accounts. I know that placing an order will be difficult immediately following a news event. But what about missed stop triggers. Do they often happen on live accounts shortly after news events?