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Old Aug 6th, 2012, 07:17 PM   #1
jh02
 
 
Join Date: Jun 2011
Posts: 3
Yep, I thought placing a stop this far away on my EUR/CHF short was far enough away that they wouldn't hunt my stop. Wrong. This is robbery and we can't put up with it.
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Old Aug 18th, 2012, 03:08 AM   #2
MasterGambler
 
 
Join Date: Jul 2012
Posts: 68
That is called "Trading"...

If you can't handle the game then do something else!!!
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Old Aug 18th, 2012, 05:23 AM   #3
oldtime
 
 
Join Date: Jun 2011
Posts: 7,479
not sure why you are using a stop on EUR/CHF, what's the worst that can happen? But then again, I'm not sure how you make money on that pair either.

hard for me to imagine trading that pair without averaging down, so your stop would have been where I would add.
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Old Aug 18th, 2012, 04:27 PM   #4
MasterGambler
 
 
Join Date: Jul 2012
Posts: 68
I think the EUR/CHF is traded by idiots holding short positions for the quick 5-10 pip spike downwards that occur every other day...

They think it's free money with no risk, but there is no such thing.

The OP needs to go learn to actually trade...
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Old Aug 18th, 2012, 04:29 PM   #5
marketsurfer
 
 
Join Date: Apr 2002
Location: NYC
Posts: 6,921
Never ever ever use stops when dealer based FX trading. It's like giving money away. N

surf
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