I agree .......
$ 10 spread in gold,
today whole day.
extreme high volatility, not seen in last many years....
can't trade a new lot.
love this article
1
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If you use tight stops is negative slippage a big problem
in General Trading Strategy Discussion
Posted
hi,everybody, I had a very bad experience with slippage last month. I was short on NOKSEK pair and I was stoped out with a whooping 737 pips spread on Sunday late evening when the market opened. Usual spread on NOKSEK pair is 150 pips. I fully understand that in volatile times spread can go double, so in this case spread could become 300 pips; but I was not expecting spread to become almost five times that of a normal spread which is 150 pips.I suffered a big loss on this trade, I feel cheated and I feel as if "IG" was hunting for my STOP.