Hi, I am new to this game and am wondering why the user cannot set a guaranteed stop at the level of their choosing?
I am looking at not so volatile shares (to short) yet the guaranteed stop loss is A MINIMUM 10% above!
With share prices at £50/share in certain cases, then the maximum I could lose, all hypothetical of course, could still be a big number depending on what I place/pip.
Okay, I could still put a stop loss in place on my own, and will, but I have seen how good they can be on my ISA shares! Slippage like bambi on ice.
I thought the name of the game was to ensure a bit of control for non-professionals, so why not let users set their own guaranteed stop? After all, it is the user who pays for it when it is triggered!