That's what I was trying to do too - I'm glad I'm not alone. That said, dang that is an insane min. stop distance for the DAX. But I noticed that quite a bit on especially on trade with noticeably lesser volatility, like the CHF/JPY, MSDR is I believe 233 bps, which makes my TP of 30 - 50 pts always a risk/profit 4:1 most of the time. Insane margins.
It is not very algo friendly if the Guaranteed Stop isn't exactly Guaranteed even after their 3 bps premium - I mean my experience was way too extreme.
Thanks for sharing. "...when ever the system tried to move the stop because a guaranteed stop cant be moved..."
I think you might have a clue there - as in it has to do with some system bug. I played with it yesterday and true enough there was some bizarre Opening and closing of positions from my deliberate attempt at placing a deal and order consecutively.
My past activity shows a deliberate Limit order placement followed by a deal open, however the open and close of the Order by the system was not captured neither was the closure of the 2nd deal.
The Guaranteed level 111.395 is quite clear with stop 250 bps away, yet - somehow the opening was at 111.745, 111.745 respectively.
Below you can see that somehow, on the same day 20 Apr '20, the DEAL was made at 40 over bps away.
So maybe, the System could've just simply executed the order at the current market level (mistaking for the Opening price) and just closed off immediately because having checked back the actual Guaranteed Limit order level, realised it does not tally and closed off the anomaly.
AND that testing just costed me some SGD70 - I just don't get it.
- BG / S'pore