New to this...and stop gap

[Vinnyvagus]

Hi guys. Just opened a spread betting demo account with £10k. Anyway I was going short and set myself a stop gap which was sitting there nicely. As I'm new to this I sat here glued to my screen but wanted to test this "stop" feature.

Then the price began to creep up and then I saw it go up and above my stop by 15 points! I was thinking "ok when will this stop actually kick in" as I know it sometimes is not always dead on the stop I choose...but it then went 18 points over and still going so in the end I took Manual action and closed it myself.

Is this normall? Is this because its a demo account? I'm worried about doing this for real if my stop gap is not filled although the price went past it by 18 points in the end and I had to take "manual" action!

I have read you have times when it will do this...but I was thinking 1 or 2 points..not 18!

 

[Claudia123]

he he - suggest you get a demo account elsewhere. If whoever you with don't fill orders on demo what they gonna do if you trade real money ?? What you trading and who with and equities/fx etc?

 

[Jason Rogers]

Hi guys. Just opened a spread betting demo account with £10k. Anyway I was going short and set myself a stop gap which was sitting there nicely. As I'm new to this I sat here glued to my screen but wanted to test this "stop" feature.

Then the price began to creep up and then I saw it go up and above my stop by 15 points! I was thinking "ok when will this stop actually kick in" as I know it sometimes is not always dead on the stop I choose...but it then went 18 points over and still going so in the end I took Manual action and closed it myself.

Is this normall? Is this because its a demo account? I'm worried about doing this for real if my stop gap is not filled although the price went past it by 18 points in the end and I had to take "manual" action!

I have read you have times when it will do this...but I was thinking 1 or 2 points..not 18!

I find it strange. I've never known a demo to simulate slippage. Often times they will always execute at the price requested.

 

[Claudia123]

I find it strange. I've never known a demo to simulate slippage. Often times they will always execute at the price requested.

Exactly. The demo is there to get you to trade real money not to put you off. Even on a live account I very very rarely get slippage and maybe 1 or 2 tics - maybe around NFP its different. But I ain't silly enough or brave enough to trade that

 

[Jason Rogers]

But I ain't silly enough or brave enough to trade that

I'm with you on that one

 

[Vinnyvagus]

Hi guys. It was on the AIG and I dont mind saying the demo account has been opened with Capital Spreads. I went short when the price was around 33.84 and set a stop at 34.04. The price started to drop (which is good for me ) and so I then ammended my stop so it was set at 33.74 and the price dropped more so I was able to get in a stop of 33.55 as the prices was around the 33.3 mark. The price then started to go back up and thats when I thought "OK least my stop is at 33.55 and I will still make a profit (as entered at 33.84) and as I say... it went up past the 33.55 and I eventually had to take manual action to close at 33.73!! OK I took a small profit stopping here... but I should have made a bigger profit if my stop took place at the 33.55 I set it at!!

I have all the relevant emails sent to me with the ticket ID saying my stop place had been set etc... so I know for sure it was there. Just worried why it never came into action (and I had to stop manually at 33.73!)