DislikedOverleverage is there so we can assist to the Forex equivalent of the Darwin Awards.Ignored
- Joined Jul 2007 | Status: Screw Long Term 5min For Life! | 1,259 Posts
Keep taking CT trades, I need more money
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DislikedOverleverage is there so we can assist to the Forex equivalent of the Darwin Awards.Ignored
DislikedI trade with Oanda since 2006 and made several thousand trades. I had 3 times a wrong fill due to a (wrong) spike and got my money back. I had several dozen trades where my stop loss was missed by 0.1-0.5 pips. I had trades where my take profit was missed by those 0.1 pips as well. So what?
If you can't win with brokers like Oanda I highly doubt you can do it with others. Tight stops aren't a good thing these days, no matter which broker you choose.Ignored
DislikedThe highest price at Oanda was at 1.20715 (mid price)
The highest price at Alpari UK (live) was at 1.20663 (bid price)
The highest price at Saxo bank (live) was at 1.20675.
You should check your MT4 source. You should also consider, that we had important news at this time (FOMC statement) which included some spread widening.
This was a regular spike, sorry.Ignored
Dislikedfor example: when I make a limit sell order, will it sell when the bid price or the ask price it at the price I quoted?
and the same with stop loss and take profit, am I entering the bid price or ask price?Ignored
DislikedIs there a feature to get history data and perform backtesting on Oanda platform similar to vHands or Forextester for MT4?
Thanks in advance,
TSIgnored
DislikedLimit as well as market orders follow the same principle, at ANY broker:
You SELL at BID price and TP or SL on short is at ASK price.
You BUY at ASK price and TP or SL on long is at BID price.Ignored