Best Broker for Tight Stops
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Thread: Best Broker for Tight Stops

  1. #1
    Hey guys. My current technique of trading allows me to pinpoint entrances with a halt of 2-3 pips max. Unfortunately I've been having difficulty with my current broker. Though I've the trade-through option selected on my platform, I've been getting stopped although price never touches my flat. For instance, last night I'd entered a AUDUSD short at 1.0486 using a tight stop of 1.0488. A couple of minutes later, I was stopped out at 1.04883. When looking at the chart and TS, the highest price traded was 1.4863. So, I'm guessing the trade-through feature isn't working on my platform (that is unacceptable). The ask must have temporarily struck 1.0488 that stopped me out, but I should not have been stopped unless the bid actually traded through 1.0488.

    Hopefully everything above makes sense. I curious if anyone can recommend a broker that allows me to enter tight ceases using a commerce through function. Thanks!

  2. #2
    Quote Originally Posted by ;
    Hey guys. My current method of trading enables me to pinpoint entrances with a stop of 2-3 pips max. Unfortunately I've been having trouble with my current broker. Though I've the trade-through option chosen in my platform, I've been getting stopped although price never touches my level. For example, last night I'd entered a AUDUSD brief at 1.0486 using a tight stop of 1.0488. A few minutes later, I was stopped out at 1.04883. When looking at the chart and TS, the highest price traded was 1.4863. So, I am guessing that the trade-through...
    Each of the broker or bank must do is raise the spread and you are stopped outside. You may have to go with a fixed spread or no disperse broker. There are some that charge monthly fees to exchange and no disperse, or that is their claim. I would imagine if you used a computer software to shut your trades rather than putting your stop at the broker. There are several which have concealed SL progr. They'll place a 100 pip, or what ever number you select, SL at the broker but the program will shut out the trade if the price is struck. Price action is determined by money exchanging so if a person goes to a bank and exchanges money it will temporary alter the price with all the trade. This has nothing to do with a broker that is normal market motion. 2-3 pips will get hit a lot regardless of that your broker is. If you're able to return 10-15 pip profit average then you could be profitable with a 25% win rate.

  3. #3
    I have to second the last response, you need to go in for a fixed disperse or you are only going to get stopped out whenever the factor goes beyond the limit you set. A few of the brokers supply for fixed spread, which is excellent if the min is within your limit. .

  4. #4
    I think that the question is much more related to your egy as well as the stops linked to the egy, boths go hand in hand in my own opinion. To begin with that your egy, then ask the proper questions to broker. Those that utilize Equinex installation are normally quite tight stops.

  5. #5
    Quote Originally Posted by ;
    Hey guys. My current method of trading allows me to pinpoint entrances with a halt of 2-3 pips maximum. Unfortunately I have been having trouble with my current broker. Though I've the trade-through option selected in my platform, I have been getting ceased but price never touches my amount. For instance, last night I had entered a AUDUSD short at 1.0486 using a tight stop of 1.0488. A few minutes later, I was stopped out in 1.04883. When looking at the chart and TS, the maximum price traded was 1.4863. So, I'm imagining the trade-through...
    For spotfx? Have a look at armadamarkets, icmarkets and exness. Lots of different choices....Check outside here http://www.100forexbrokers.com/

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