Jump to content

Opened above set price level????


pnda112k

Recommended Posts

49 minutes ago, pnda112k said:

i had an order set with a price level but the position opened way above the price level, (100 points over!).

Can anyone explain why this has happened?

Hey @pnda112k

Thanks for your feedback message. 

We only offer two types of orders to open. One is the limit order which is buying/ selling at a more favorable level. If you're buying, the price will be lower than the market price. If you were wanting to buy at a higher price then it's a stop order, which can be subject to negative slippage. 

You must have placed a stop order which means you can get filled at a worse price. 

I see the strategy you want to put in place but we're unable to offer a guaranteed open price with a stop order, sorry. 

  • Like 1
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
  • General Statistics

    • Total Topics
      16,594
    • Total Posts
      79,247
    • Total Members
      65,079
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Golden88
    Joined 29/11/21 21:37
  • Posts

    • Hi @Member @jasear, I have contacted the Compliance department. They confirmed that it is not the result of a class action. I can inform you that this action is being taken as the result of an internal IG decision. All the best - Arvin
    • As a brand new user getting into bitcoin for the very first time and with zero experience, so I am completely exposed and vulnerable, how donI stay safe from scamming companys out there and what signs do i look out for when my phone wont stop ringing non stop?
    • I am a brand new person looking to get into bitcoin trading, I only have $367.00 BTC which is available in three days and I want to know what is the best way for me to utilise this money and how can i use a totally automated program to take care care of all the necessary trading on my behalf.  
×
×
  • Create New...