Jump to content

Stop loss triggered on a buy order even though price was never reached


Recommended Posts

AT 11:30BST on the 9/8/20 i had a buy order triggered on EUR/CHF at 1.07558 the price dropped to 1.07508 before climbing. I had a stop loss set at 1.07484, although the price never reached this level the stop loss was triggered and the trade closed, it is not the first time this has happened to me that the price has come near to my stop but not reached it before then moving in my direction but the trade has been closed, does anyone know why this happens?

Link to comment
  • 1 year later...
9 hours ago, DragonflySCO said:

Same problem, but as we can see no answers from IG. That's the way how they making money.

Hi @DragonflySCO,

If you had stops that triggered while it didn't reached the price level, please contact helpdesk.uk@ig.com with your account and order details. Our team will be able to investigate and come back to you.
Please make sure that on the chart you are looking at the ask or bid price and not the mid price.

IG does not profit from client loss. We have organised a Q&A on that matter :


All the best - Arvin

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Elliott Wave Analysis TradingLounge Daily Chart, Dogecoin / U.S. dollar(DOGEUSD) DOGEUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Corrective Structure: Zigzag Position: Wave ((C)) Direction Next higher Degrees: wave II of Impulse Wave Cancel invalid Level:  Details: Wave (II) may is complete and the Price entry to uptrend again. Dogecoin / U.S. dollar(DOGEUSD)Trading Strategy: It looks like the wave (II) correction is complete and the price is still likely to move up. Look for an opportunity to join the wave (III) uptrend. Dogecoin / U.S. dollar(DOGEUSD)Technical Indicators: The price is below the MA200 indicating a downtrend, The Wave Oscillator is a Bearish Momentum. Elliott Wave Analysis TradingLounge H4 Chart, Dogecoin / U.S. dollar(DOGEUSD) DOGEUSD Elliott Wave Technical Analysis  Function: Counter trend Mode: Corrective Structure: Zigzag Position: Wave ((C)) Direction Next higher Degrees: wave II of Impulse Wave Cancel invalid Level: Details: Wave II may is complete and the Price entry to uptrend again. Dogecoin / U.S. dollar(DOGEUSD)Trading Strategy: It looks like the wave 2 correction is complete and the price is still likely to move up. Look for an opportunity to join the wave 3 uptrend. Dogecoin / U.S. dollar(DOGEUSD)Technical Indicators: The price is below the MA200 indicating a downtrend, The Wave Oscillator is a Bearish Momentum. Technical Analyst : Kittiampon Somboonsod Source : Tradinglounge.com get trial here!  
    • I wonder why $MAK is still among top trending project since its listing on top exchanges. Could it be the Launchpool and CandyBomb on Bitget or the Launchpad on Bybit that has kept this project on top? Did it have something to do with the project vision in creating a vibrant social gaming community where players can interact, collaborate, and compete? I understand that this give the governance token more use case but could that be what has stabilized the price?
×
×
  • Create New...
us