bobmick said:Hi,
I'm new to spread trading and have an account with Capital Spreads and notice that if you put on an order when the markets are closed that the spread significantly widens. I was wondering if this is common amongst all the spread firms and is it worth placing an order when the markets are closed because of this extra spread?
Thanks,
James
chrisw said:.......and another......
I keep missing some good moves pre 7am so 24hr would definately get my vote,
cheers
Yeah, your probably right. Simon, please could you start 24hr trading so as I have more opportunity to LOSE and make you guys a bit more! Theres a good chap!jaykay3 said:Maybe Simon's quite happy we don't catch the good moves or indeed be able to get out of the moves we may already be in. I recently had a new order waiting which got a really bad fill due to it being filled at 07:00 price :-(
jaykay3 said:Simon,
Thank you for the 'If Done' Orders - user friendly products make us want to stay with you !
When will the automated 24 hour trading on Forex be ready?
jaykay3 said:Simon,
Please can you give us some idea on above - I am getting frustrated now when I can't manage my positions between 21:00 and 07:00.
capitalspreads said:alf25
I am sorry I actually said we would replace the ability to move the trade window around. The four minute time out will remain for the time being.
Cooltrader
As per our Terms all orders (of whatever type) are only active whilst we are quoting that market (including hours when a market is open for telephone trading). So any stops new orders or limits will not be hit if the level is reached out of our quoting hours. Sometimes this will beneifit a client, when a stop is hit out of hours and the market then moves back, and sometimes it will not.
Slippage will apply to all markets when they reopen (no matter whether the market was actually trading during the time when we were closed)
Simon
capitalspreads said:Cooltrader
...
Slippage will apply to all markets when they reopen (no matter whether the market was actually trading during the time when we were closed)
Simon