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FX trading ( EUR/USD)


Niiade73

Question

Guys not sure if this has happened to anyone, despite moving my stop loss to my entry point, I still lost substantial money which has never happened to me before, what should have happened if I am taken off the trade without any loss - could this be a problem with the IG server?

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Hi @Niiade73

Thanks for reaching out, 

When using stops you are not guaranteed to be closed out at your specified stop level unless you are using a guaranteed stop. This is important to note as when there is an aggressive pull back from the market slippage may occur. You can learn more about slippage and guaranteed stops from the following link:

https://www.ig.com/uk/trading-strategies/what-is-slippage-and-how-do-you-avoid-it-in-trading--190319

All the best, 

Anda

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