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| Using Stop Limit entry http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=46&t=1281 |
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| Author: | arjfca [ Wed Nov 09, 2011 9:24 pm ] |
| Post subject: | Using Stop Limit entry |
Hello Question about using stop limit order Did post a similar thread on Forex Factory, but no answer http://www.forexfactory.com/showthread.php?t=325152 Lately, I'm experimenting big slippage on EurUsd. All my orders are done using a Buy Stop. Last days, I have seen up to 6 pip, often 3 pip. When an order is based on a 10 pip range bar, this is a big chunk of probable profit that is gone in smoke. To prevent that, is it a good idea to use stop limit entry. Stop price reach then a limit should ensure that I'm getting my calculated price, hence my calculated risk. I understand that some trade wont be triggered because limit price would had not been available. If so, what the configuration that professional use to enter at EX: 1.3056 a) Stop 1.3056 Limit 1.3056 B) Stop 1.3057 Limit 1.3056 C) Stop 1.3055 Limit 1.3056 D) Others E) this is not a good practice to use limit entry Any comment appreciate Martin |
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