Getting stopped without hitting Stop Loss

[Dener]

Good Morning,

I recently have made a couple of trades where my position closed out without reaching my SL level just after I closed the IG page.

Does this happens to anyone else?

PS. I do have margin as I trade on 1/10 of my capital.

Thank you.

[ArvinIG]

13 hours ago, Dener said:

Good Morning,

I recently have made a couple of trades where my position closed out without reaching my SL level just after I closed the IG page.

Does this happens to anyone else?

PS. I do have margin as I trade on 1/10 of my capital.

Thank you.

Hi @Dener,

It is possible that your SL was not triggered because of a slippage.

"Slippage can happen at any time, due to two main reasons. The first reason is high volatility in the market. If there is a sudden movement of price beyond your stop order, the trade may not be closed in time and the stop may not be triggered at the level at which it was set. The second reason is that there is a gap in the market – this is when the market moves sharply up or down with little or no trading in between."
More details here.

I hope that it helps

All the best - Arvin

 

[Caseynotes]

20 hours ago, Dener said:

Good Morning,

I recently have made a couple of trades where my position closed out without reaching my SL level just after I closed the IG page.

Does this happens to anyone else?

PS. I do have margin as I trade on 1/10 of my capital.

Thank you.

also check the spread, if your chart price is set to 'mid' toggle between the bid and ask price, you may see the stop level was hit.