Shifting levels on Stop order
Shifting levels on Stop order
10 Jun 2024, 07:56
Hi!
Gonna try to explain my problem.
I execute a Stop order, and when the order is triggerd my levels shift 0,5 pips. For example:
I set a BUY stop order at 1,07490, SL 1,5 pips below at 1,07475.
When price then passes 1,07490 it automatically triggers but entry says 1,07495. And the SL levels changes to1,07480.
Can someone help me figure out what's happening?
Replies
pontus.engstrom87
11 Jun 2024, 10:45
( Updated at: 12 Jun 2024, 05:46 )
RE: Shifting levels on Stop order
Thank you for your reply!
I understand slippage and how that effects my entrylevel. But my problem is that my Stop-loss level shifts aswell.
PanagiotisCharalampous said:
Hi there,
It's called slippage :)
https://www.investopedia.com/terms/s/slippage.asp
Best regards,
Panagiotis
@pontus.engstrom87
PanagiotisCharalampous
12 Jun 2024, 05:48
RE: RE: Shifting levels on Stop order
pontus.engstrom87 said:
Thank you for your reply!
I understand slippage and how that effects my entrylevel. But my problem is that my Stop-loss level shifts aswell.
PanagiotisCharalampous said:
Hi there,
It's called slippage :)
https://www.investopedia.com/terms/s/slippage.asp
Best regards,
Panagiotis
This is by design. Stop losses are set at a relative instance from the entry price.
@PanagiotisCharalampous
PanagiotisCharalampous
11 Jun 2024, 04:52
Hi there,
It's called slippage :)
https://www.investopedia.com/terms/s/slippage.asp
Best regards,
Panagiotis
@PanagiotisCharalampous