peterf1966
Experienced member
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I had meant to ask if others had noticed slippage on IG in the last two weeks or so, and it seems everyone has. It's all there in the T and C's though, so complaining is pointless. Just demonstrates recent market volatility I suppose.
Bending the system. I did this for the first time yesterday, unusally I stayed up past 6.30 to actually do some work, and so had the chart in the background, having a sneaky peek every so often. I noticed it got to about 2 pips off target, and was heading back up, so I changed the stop loss to still keep me in 20 pips profit, and sure enough I got stopped. Keeping the original stop would have left a -10 pips by 8.30 I think.
On the 'is it a trade, isn't it a trade' question, when there was steady rise then small falls on the last two candles, then the rule is no trade, so I did not. And if your'e unsure, then the rule is, if in doubt stay out. That day, going one way would have brought about a 20 pip loss, the other way a 4 pip gain, so hardly worth the risk.
Bending the system. I did this for the first time yesterday, unusally I stayed up past 6.30 to actually do some work, and so had the chart in the background, having a sneaky peek every so often. I noticed it got to about 2 pips off target, and was heading back up, so I changed the stop loss to still keep me in 20 pips profit, and sure enough I got stopped. Keeping the original stop would have left a -10 pips by 8.30 I think.
On the 'is it a trade, isn't it a trade' question, when there was steady rise then small falls on the last two candles, then the rule is no trade, so I did not. And if your'e unsure, then the rule is, if in doubt stay out. That day, going one way would have brought about a 20 pip loss, the other way a 4 pip gain, so hardly worth the risk.