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Originally Posted by web
4 days into my paper trades using MT4 and I have one question:
Sometimes I read of people placing a 15 pip S/L on thier trades. I noticed that I never can get anythin less than around 20 pips S/L.
Does the S/L varie per software? per timeframe? or does it vary depending on the current spread and volatility of the currency pair? |
Hi Web,
That's quiet strange, I never tried to place stops in MT4, so I really can't comment, but all of the other platforms that I've tried allow stops that are 5 pips away from price. Are you sure that the price wasn't too close to the stops you were placing?
Rockin' Tradin'
-Akash