Jump to content
  • 0

Stop losses on Indices

Guest jusrus


Been stopped out at a slight new high today on Wall Street contract - no problem, happens all the time. But further investigation reveals that neither Wall Street cash nor Wall Street futures made a new high (cash at least five points short). The only thing that made a new high was IG Wall Street contract. So as IG use the futures to hedge against our bets back to back, how did I get stopped out? The offer in the actual futures should have meant that IG were a seller below the level where I was stopped, even given the spread. That meant that IG sold me my stop loss purchases but took a far greater back to back profit that they usually do - that's not on...! Any thoughts?

Link to comment

1 answer to this question

Recommended Posts

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
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 27/03/23 20:01
  • Posts

    • Am I able to convert my share trading account from sterling into dollars to trade with, as I mainly trade US stocks?
    • Look Ahead to 28/3/23: Australia retail sales; Ocado, Walgreens Boots Alliance, Micron results Earnings take centre stage on Tuesday with results from Micron Technologies, Walgreens Boots Alliance, Ocado, and Bellway. Watch AUD/USD ahead of Australian retail sales data. Angeline Ong | Presenter, Analyst and Content Editor, London | Publication date: Monday 27 March 2023              
    • #EURUSD: Peculiar PatternI spotted a cup & handle pattern on ⚠️EURUSD on 1H time frame.1.0777 - 1.0783 is its neckline.If the price breaks and closes above that, I will expect a bullish movement.Goals will be 1.0843 / 1.0894If the price sets a new low, the pattern will become invalid.
  • Create New...