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exbryan

Standard Trading Platform

By exbryan, in General Discussion

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exbryan    10

exbryan
Posted

Trading with large FX company using their standard Trading platform using Mini Account.... Been trading using their charts... noticed a lot of small loosers... so tested doing the following: Using Eur-USD chart, entered trade using ten (10) pip stop loss and ten pip limit order... trade went in my favor lost $1.29 ...... Next entered trade using 15 pip stop and limit order, lost $1.93 ... Next entered trade using 20 pip stop and limit order... lost $2.33 ???? All times trades went in my favor either long or short... how can you trade using their charts setting 20 pip limit order and loose money..

Impossible to scalp doing this... or even trade and not to be knowing how your money is everopating within their system...... also have entered trades using their charts putting in stop and limit orders ... taken picture so know their set..... half hour later check and the trade is still on but the stop and limits you set are not there......?????? Anyone understand this or had the same problem....

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caboratoryfx    10

caboratoryfx
Posted
Trading with large FX company using their standard Trading platform using Mini Account.... Been trading using their charts... noticed a lot of small loosers... so tested doing the following: Using Eur-USD chart, entered trade using ten (10) pip stop loss and ten pip limit order... trade went in my favor lost $1.29 ...... Next entered trade using 15 pip stop and limit order, lost $1.93 ... Next entered trade using 20 pip stop and limit order... lost $2.33 ???? All times trades went in my favor either long or short... how can you trade using their charts setting 20 pip limit order and loose money..

Impossible to scalp doing this... or even trade and not to be knowing how your money is everopating within their system...... also have entered trades using their charts putting in stop and limit orders ... taken picture so know their set..... half hour later check and the trade is still on but the stop and limits you set are not there......?????? Anyone understand this or had the same problem....

I don't understand. Please explain your questions more clearer. Thank you:crap:

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Mysticforex    13

Mysticforex
Posted
Trading with large FX company using their standard Trading platform using Mini Account.... Been trading using their charts... noticed a lot of small loosers... so tested doing the following: Using Eur-USD chart, entered trade using ten (10) pip stop loss and ten pip limit order... trade went in my favor lost $1.29 ...... Next entered trade using 15 pip stop and limit order, lost $1.93 ... Next entered trade using 20 pip stop and limit order... lost $2.33 ???? All times trades went in my favor either long or short... how can you trade using their charts setting 20 pip limit order and loose money..

Impossible to scalp doing this... or even trade and not to be knowing how your money is everopating within their system...... also have entered trades using their charts putting in stop and limit orders ... taken picture so know their set..... half hour later check and the trade is still on but the stop and limits you set are not there......?????? Anyone understand this or had the same problem....

 

As caboratoryfx asks, maybe a clearer explanation is need ! Also get your Broker on the phone and ask what the deal is. Don't be afraid to ask questions when it' about your money.

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sergso    10

sergso
Posted

If you lost money then the market did not go your way, at least the market they are making. I have experienced all sorts of problems with online forex brokers and I gave up on them because of frequent lockouts, spikes and other weird events. Did you ask their support? What did they tell you? My best explanation is that your they have very wide spreads and when your limit order was hit it was filled a little below your entry price.

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