Jump to content
  • 0

min stop loss change


kanpro123

Question

I have seen a guaranteed stop loss of 8! so i should set a guaranteed stop loss of 10 for my trade and i can't open an order because the SL is less than the min SL! so i reloaded my browser and i saw the guaranteed stop loss change from 8 to 122.3, a terrible change! 5 minutes later I reloaded the browser again, and now the guaranteed stop loss has returned to 8, I was able to open a trade with a guaranteed SL of 10! I really want to know about this minimum SL change, I need to know when it changes and for how long !

Edited by kanpro123
Link to comment

2 answers to this question

Recommended Posts

  • 0

Hi @kanpro123

Thanks for reaching out, 

The minimum stop distances on markets is controlled by our dealing desk. During periods of high volatility minimum distances are increased. Then when volatility is reasonable they will revert back to the normal setting. The minimum distances will be larger on guaranteed stops during periods of high volatility to reflect the level of risk that IG is willing to take on. Unfortunately it is not one where we can confirm when it will occur and for how long as this is all dependent on market movement. 

All the best, 

Anda 

Link to comment
  • 0

My automated strategies on prorealtime have stopped working because their stops on major fx markets are deemed to be too close to the market level (having worked no problem for more than a year, through volatile periods). I find this hard to believe, given that we are taking between 0.7% and 1% stops on major pairs such as GBP/USD, EUR/USD etc. can you confirm what the stop distance increased to at 9pm on Wednesday 22nd and Thursday 23rd June please so that I can see what I may need to adjust my stop levels to. Whilst markets are volatile, a 1% stop on a major currency pair should be more than sufficient. Thanks. 

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

    • Thetanuts Finance is shaking things up in DeFi with their focus on structured products and, of course, options trading. Thetanuts isn't the only player on the DeFi options field. Badger DAO, for instance, is another project offering options for Bitcoin alongside their other yield-generating tools. Meanwhile, Opyn uses something called an Automated Market Maker (AMM) to provide liquidity, similar to how Thetanuts plans to leverage Uniswap v3 pools.   They've got some interesting features, just landed on Bitget, and seem to be building a community. But options trading can be complex, and DeFi is still the wild west of finance.  What do you think? Worth a shot, or best to stick to simpler DeFi tools? Let's hear your thoughts in the comments!
    • You know that saying we always hear, "not your keys, not your assets"? Well, HashPack is taking that to heart and giving us the power to truly own our crypto. We've all been there, trusting some custodial wallet or centralized exchange to hold our digital cash, only for them to mess it up or straight-up exit scam with our funds. HashPack is putting an end to that BS by making sure we're the only ones in control of our private keys and assets. No more relying on third parties to hold our crypto hostage. With HashPack, your accounts are fully decentralized and secure, just like crypto was always meant to be. And if that's not enough to make you feel safe, they've even integrated with top-tier hardware wallets like Ledger, D'CENT, and Citadel for an extra layer of protection. Talk about having your back! But HashPack isn't just about keeping our crypto on lockdown. These guys are on a mission to revolutionize the entire web3 experience. Let's be real, navigating this decentralized world can be a total pain in the **** sometimes, with all sorts of friction and barriers standing in the way. Well, HashPack is tackling those issues head-on with their user-centric products and services. And get this – HashPack has already achieved some seriously impressive feats in the space. They've built HashConnect, a secure dApp connection library, introduced trustless peer-to-peer trades, and have been leading the charge in ecosystem innovation. These guys are the real deal, no cap. But wait, it gets even better! HashPack's utility token, $PACK, is now available for trading on Bitget exchange. And not only that, but Bitget is running an ongoing campaign with a $3,000 $PACK prize pool up for grabs! Can you believe that? This is our chance to not only support a game-changing project like HashPack but also potentially win big in the process. So, what do you say, fellas? Are you ready to take back control of your crypto keys and assets? Are you hyped about the prospect of a seamless, user-friendly web3 experience? If so, then HashPack is the project you need to be paying attention to. Trust me, this is just the beginning of their journey – and I, for one, can't wait to see what they'll accomplish next!
    • You know, after being around the crypto block a few times, I finally feel like someone is getting scaling right with this Taiko project. They seem to have cracked the code on addressing the major headaches we've all faced trying to scale Ethereum in a truly decentralized, transparent, and efficient manner. With Taiko, the whole show is open-source, permissionless, and driven by the community itself – no shadowy centralizers pulling the strings behind the curtain. And get this – they're actually writing all that juicy block data directly onto the Ethereum mainnet! That means everything is out in the open, decentralized, and there for anyone to verify the latest chain state. No more black box nonsense. Transparency is clearly a huge priority here too. Taiko insists that every single bit of executable data has to be publicly available and in sequence. So we regular folks can generate proofs for blocks using only what's out there for all to see. No more having to blindly trust some convoluted system, you know? But Taiko isn't just focused on keeping things open and transparent – they're also hellbent on making the whole block creation and proposing process as streamlined and efficient as can be. Their approach levels that playing field so anyone has a fair shot at adding blocks based on legit factors like fees and MEV rewards. No more relying on a handful of big dogs to keep the wheels turning. And you've got to admire their innovative spirit – they're even splitting up the block submission process into two parts to cut down on those pesky bottlenecks we've seen cripple other systems. Genius, if you ask me! Now, I know some of the jaded old-timers in our crowd might roll their eyes and say "Here we go again, another overblown project overpromising the moon." But hear me out – Taiko has managed to turn heads and rustle up over $22 million from major investment heavyweights like Sequoia China, OKX Ventures, KuCoin Ventures, and they've even gotten a nod from ol' Vitalik himself! That's no mean feat, let me tell you. I truly believe Taiko is onto something special here. They're taking on the huge challenges of decentralization, transparency, and efficiency head-on, but doing it in a way that doesn't abandon Ethereum's core values and principles. If they can pull this off, it could be the real deal for finally making scaling a practical reality. And you know what's got me extra excited? Taiko's very own $TKO token is now available for pre-trade over on Bitget exchange! I might just have to throw a little support behind this promising project and see where it goes. Who's with me, huh? Let's dive into the future of decentralized Ethereum scaling together!
×
×
  • Create New...
us