stop loss restricting placement of a trade

[Thembouks]

"stop must be at least 861.9 pts from the current market price." Why am i getting this message?

 

 

[KoketsoIG]

15 hours ago, Thembouks said:

"stop must be at least 861.9 pts from the current market price." Why am i getting this message?

 

 

Dear @Thembouks,

Welcome to IG and thank you for your post.

This means that the stop was closer than the minimum required distance from the market. Please have a look at the minimum distance for the stop you are placing.

Thanks,

KoketsoIG

[AhmedMarsh]

You are probably receiving this message from your broker or trading platform. This is a warning about the need to set a stop loss at least a specified number of points from the current price. This is done to protect your capital from large losses in the event of unfavorable market movements.