Hiya,
Tnx and best of luck
also u had very heavy impact news for EURO, mind u that price doesn t need to react right away when news hits. people are buying and selling the news, the price isn t movin by itself.
Likely due to month end fixing flows.
I lost a lot in this deal 
Always have a stoploss.
Unfortunately
Hiya everyone,
Thanks for your participation. @tradeforex077 and @Yassine11 I personally believe there is no Guaranteed stop-loss in a truly NDD broker. But lets see if others have different opinion?
The price if gapes and there is not enough liquidity in the defined stop-loss price, your stop-loss may not get executed nor may get executed exactly in the defined price. Thus there is no guarantee in these conditions as per my experience. Only a DD broker have total control over the price and can execute a Guaranteed-stop loss.
?
Tnx and best of luck 
Not sure what’s DD or NDD. But the broker I use IG index has guaranteed stop loss function and so do some others. But even if you only use the normal stop loss then yes you’re right due to lack of liquidity you’ll get slipped. However eventually youll get taken out depending on how good your broker is. If you have no stop loss lol you’ll never get taken out and price may keep moving against you till you blow your account.
People do trade without stop losses but you need good experience and discipline. Not everyone does.
Hiya @tradeforex077
I have nothing against the IG, but IG does offer this to the account that hedging is disabled. Thus they hedge against you. This is the MM concept. So do all the other brokers that offering the Guaranteed-stop-loss as well.
This is the best scenario, its possible that stop-loss does not execute at all as well. As the broker does not have total control over the price unless it’s a MM concept?
Do you mean the take your account fund for themselves? lol
There is not any FX broker that is not other side of your trade until your trade pass through a few millions. Not all of the brokers looking to take your account, but sometimes they can do. This is a very difficult question and it depends on who is the broker and many questions arise?
I wondered while ago being a broker for my own fund and open a broker for myself for my own fund and fund that I manage from contacts and friends. But I’m not sure is the cost worth it or not?
In this example I mentioned, market moved suddenly 150+pips, does not have a stop-loss will decrease a significant amount of your account then?
Its a question for me, how to prevent this from happening in the future? I mean this sudden not-in-economic-calender-explained market movements like this??
Tnx and best of luck
No I meant you’ll gets stopped out at the next place where liquidity comes back in. Some brokers are better than others.
Different brokers have different liquidity providers. So in your example if you had a stop loss at 30 pips your broker may have closed you at 100 pips or maybe still 150 pips depending on how good your broker is. But if you had no stop loss and price kept rallying then you wouldnt be stopped out and may get a margin call. It’s all hypothetical I know but that’s how I simply look at the market. Others are more experienced.
You cant prevent it. It can happen at any time. You can just manage your risk and try to protect yourself as much as possible eg stop loss, risking 1-2% a trade atc.
Have you ever used a stop loss or are you just totally against them?
I mostly dislike SL, lol. Also price reverted and I closed that trade in profit in a later days. What else do you suggest?
Tnx
Do you mean how to be prepared for large, sudden, unexpected moves? Or something else?
Yes, exactly.
I thinking at least an SL. With black swan events, maybe a prayer or two that your broker has ample liquidity. Other than that, not being in a trade or a big fat account size.
Thanks. It was the account size for me, 0.5mio position reverted to its original price, and I closed in profit!
Big brokers with ample liquidity does not have more than about 1:30 leverage, thus its difficult to make money with them. I prefer at least 1:100 at minimum, I prefer 1:200 at optimum, but not all the high equity brokers with about 8+ B capital offering this?
Tnx and best of luck
